Issuing a market update, Nasdaq-listed industry technology provider Scientific Games Corporation (SGC) has detailed that it expects to deliver higher group revenues, combined with a narrower net loss for its Q4 2017 performance. Publishing a ‘preliminary’ Q4 trading update, SGC governance expects a 9% increase in group consolidated revenues in the range of approximately $820-to-$825 million. Closing a busy Q4 …
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Done Deal…Scientific Games completes NYX Gaming acquisition
Issuing a corporate statement, Nasdaq-listed gambling technology provider Scientific Games Corporation (SGC) has today confirmed that it has completed its acquisition of online gambling platform and software supplier NYX Gaming Group. SGC governance closes its pursuit of Toronto TSX-listed NYX Gaming, which began in September 2017, when the technology firm proposed a $630 million deal to acquire NYX assets outright. …
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 »The Stars Group completes legacy investments sell-off
Updating the market, Toronto TSX-listed online gambling firm The Stars Group Plc has informed that it has completed a divestiture of all corporate legacy investments. The Stars Group confirms the complete the disposal of its 7.5% shareholding in London-listed online gambling firm Jackpotjoy Plc for net cash proceeds of $60 million. The company had alerted investors last week that it would proceed …
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 »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 »Scientific Games puts forward $350 million note issue for NYX acquisition
Updating the market, the governance of Nasdaq-listed gambling technology supplier Scientific Games Corporation (SGC) has announced that it will sanction a private offering of $350 million senior secured notes due for reimbursement in 2025. SGC governance will use the net proceeds of its note offering, to fund its cash and debt $631 million outright acquisition of NYX Gaming Group …
Read More »Greece lightning! NYX seeks 50 new recruits for Athens Tech Hub
Toronto TSX-listed NYX Gaming Group, an industry supplier of multi-product verticals is looking to hire approximately fifty new staff for its ‘NYX Athens Development Centre’ in Greece. A variety of vacancies are available at the Athens tech hub, as the provider looks to invest in new talent to drive further innovation for its product development and industry systems. To date, hub …
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