Scientific Games Corporation (SGC) is reportedly reviewing strategic options to list its business on the Australian Securities Exchange (ASX). The Australian Financial Review (AFR) has reported that SGC has recruited Sydney-based investment bank Jarden Australia to draft the company’s pathway towards listing on the ASX. An ASX-listing is detailed as one option to address SGC’s long-term debt reduction, which currently …
Read More »Tag Archives: NYX
888casino aims to deliver superior experience with new website
Online casino operator, 888casino, has undergone a major redesign, aiming to deliver a superior experience to its players powered by a brand new gaming platform and web application. Founded in 1997, 888casino is globally one of the most well-established online casino operators and has been providing players with a safe, secure and fair place to wager for over two decades. …
Read More »Scientific Games posts solid 2017 performance, as company targets digital acceleration in 2018
A refinanced Scientific Games Corporation (SGC) has published its 2017 full-year results (period ending 31 December), detailing solid growth across its assets and performance KPIs. The Nasdaq-listed industry technology group details that in 2017, it was able to strengthen its global commercial pipeline, developing a ‘richer revenue mix’ for its operations. Updating investors, SGC details that group revenues increased 7% …
Read More »Scientific Games secures unanimous Yes Vote for NYX deal closure
Nasdaq-listed industry technology supplier Scientific Games Corporation (SGC) has today confirmed that it has secured the outright approval of NYX Gaming shareholders to acquire the business for $630 million. Since November, SGC governance has moved buy-up shares in Toronto TSX-listed NYX as the technology group seeks to accelerate the growth of its digital services and operations. Updating the market, SGC …
Read More »Scientific Games clears William Hill hurdle in pursuit of NYX Gaming
Scientific Games Corporation (SGC) has released a statement, detailing that it will move to acquire William Hill’s entire 6.8 million ‘ordinary shares and convertibles’ holding in acquisition target NYX Gaming Group. The Nasdaq gambling technology firm, clears a major hurdle in its $630 million pursuit of Toronto TSX-listed NYX (first announced September 2017). Last November, William Hill governance stated to …
Read More »Pollard Equities exercises options in NYX as Scientific Games undertakes shareholding takeover
Issuing a market update, Canadian gambling investment firm Pollard Equities has moved to increase its stake in Toronto TSX-listed gaming/betting technology firm NYX Gaming Group. Pollard Equities the majority owner of lottery tickets supplier Pollard Banknote has executed the right to purchase 4 million fixed priced warrants/options of NYX Gaming’s ordinary shares. Detailing the transaction, Pollard will pay a fixed price …
Read More »No Standstill… Scientific Games acquires 11% of NYX Gaming shares
Issuing a market note, Nasdaq-listed gambling technology group Scientific Games Corporation (SGC) has moved to acquire 11.6 million ordinary shares in acquisition target NYX Gaming Group. The transaction represents approximately 10.72% of NYX’s current shareholding, with SGC governance paying CAD$2.22-2.35 per share, representing a purchase price of circa CAD $27 million (£18 million). Further to today’s share purchase transaction, SGC governance …
Read More »NYX accuses William Hill of “wrongful conduct” as acquisition dispute escalates
In response to William Hill’s threats to block the acquisition of NYX Gaming Group Limited by Scientific Games, NYX has launched legal action against the bookmaker. Last week William Hill issued a corporate update, voicing its concerns over the deal and signalling its intention to convert its preference shares into ordinary NYX shares, in order to ensure it had had …
Read More »William Hill signals intentions to convert NYX shares
William Hill has issued a corporate update with regards to the conversion of its preference shares becoming ordinary NYX shares prior to 4 December, in order to enable William Hill to vote in the proposed acquisition of NYX by Scientific Games Corporation. The announcement follows on from lengthy negotiations between William Hill and Scientific Games over a potential commercial agreement …
Read More »NYX expands North American footprint with Betfair US partnership
NYX Gaming Group is to strengthen its position within the United States market, courtesy of an agreement to integrate its Open Gaming System (OGS) with Betfair US. The supplier of casino, sportsbook, lottery and bingo to operators around the globe, will grant Betfair US access to its full suite of NYX OGS content available in the New Jersey iGaming market. …
Read More »