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JanuaryScientific Games buys Nyx Gaming for $632 million`
Scientific Games announced this week to buy the firm Nyx Gaming, specialist in casino games and Online Casino sports betting. With this acquisition, Scientific Games continues to seek growth over the long term and strengthens its position on certain key verticals. Strengthen on online casino games and sports betting Scientific Games (SG) was determined to buy back Nyx Gaming in light of the quality of the latter. SG offered a price of $632 million, corresponding to just under $2 a share.
This doubles the current value of Nyx mid-September (about $1 a share). With this purchase, Scientific Games is sure to get stronger in the field of online casinos. There are hundreds of slot machines under the Nyx brand. OpenBet, which is owned by Nyx Gaming since May 2016, is also a major factor in explaining this acquisition. Indeed, Nyx has cleverly invested its money by paying 270£ million for OpenBet because the sports betting specialist has allowed him to reach a much wider audience.
With this new asset, Nyx was able to set a record of 68,000 bets per minute at the last Grand National, a famous British betting competition.
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