William Hill gives way to Sci Game-NYX acquisition

U.S. gaming technology provider Scientific Games Corp. is close to sweeping NYX Gaming Group Ltd. off its feet after British bookmaker William Hill has given way to the acquisition the Toronto-listed firm.

Sci Games announced on Thursday that it has already entered an independent agreement to support the previously announced acquisition of NYX for CAD2.40 (US$1.87) per ordinary share.

At the same time, Sci Games reported that it has also successfully inked a deal with William Hill Steeplechase Ltd. and parent firm William Hill Plc “to end all existing litigation among the parties.”

It would be recalled that NYX and Sci Games lodged separate anti-trust suits against Hills before the New Jersey and Nevada courts last month after the British bookmaker threatened to block the deal unless it he received certain assurances regarding the continuity of its OpenBet arrangement.