US gaming technology giant Scientific Games Corporation has acquired Canadian online gambling technology provider NYX Gaming Group, as the consolidation of the gaming content industry shows no signs of abating anytime soon.

On Wednesday, Sci-Games announced that it had acquired the Toronto-listed NYX at a price of C$2.40 per share, a 112% premium over NYX’s closing price on Tuesday, putting the total value of the deal at C$775m (US $631m).

Sci-Games already boasts a healthy portfolio of land-based and online gambling game content, in addition to a plethora of lottery technology products. The addition of NYX not only bolsters these assets but also adds a leading sports betting product in OpenBet, which NYX acquired in spring 2016.

Current NYX CEO Matt Davey is expected to head up a new Digital Gaming and Sports division within Sci-Games. This new division will incorporate NYX’s leadership and that of Sci-Games’ SG Interactive division, including Leigh Nissim, managing director of Sci-Games’ B2B Interactive.