NYX shareholders give green light to Scientific Games deal
Shareholders vote overwhelmingly in favour of acquisition as supplier clears last hurdle in complex deal
Scientific Games has received approval from NYX shareholders to complete its acquisition of NYX Gaming Group.
NYX shareholders voted overwhelmingly in favour of the deal which has faced a number of setbacks in recent weeks.
Setbacks included William Hill’s threat to block the deal over fears it would lose its priority on NYX’s OpenBet technology roadmap.
Scientific games then filed its own lawsuit against Hills in a Nevada court, in what the company described as “the business equivalent of a shake down”.
However, Hills subsequently dropped its opposition after reaching a commercial agreement that would safeguard its technology roadmap with NYX.
After this week’s shareholder vote, Scientific Games CEO Kevin Sheehan said he was thrilled by the strong support from shareholders.
“By bringing together Scientific Games and NYX, we will create a world leader in digital gaming and sports betting, a company with an unrivalled, end-to-end product portfolio and an innovative driving force in the industry,” he added.
NYX CRO Matt Davey said the deal would be a win-win for both companies and their collective shareholders.
He said: “By joining Scientific Games, we will become part of a company with unmatched global reach, resources and industry leading content.
“The leaders of both NYX and Scientific Games are committed to delivering significant value for our customers across the full spectrum of digital gaming.”
The deal is set for completion in early January.