Tag Archives: SGC

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 …

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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 …

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Scientific Games targets ‘accelerated digital growth’ with $635m acquisition of NYX Gaming

Nasdaq gambling technology supplier Scientific Games Corporation (SGC) has moved to significantly bolster its digital gambling operations by detailing that it has entered ‘a definitive agreement’ to acquire Toronto TSX-listed NYX Gaming Group, owner of leading sports betting supplier Openbet. Updating the market this afternoon, SGC governance has detailed that it will propose a CAD $2.40 per share offer to …

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bet365 wins Bulgaria licence appeal

bet365 has been granted the right to operate its sports betting services in Bulgaria following its licence appeal with the administrative Court of Sofia against its ‘blacklist’ by Bulgaria’s State Commission on Gambling (SCG).   SCG had suspended bet365’s Bulgarian license on the grounds that the bookmaker had violated regulatory provisions prior to gaining its initial market approval. bet365 governance …

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