Only days after getting the support of British bookmaker William Hill and the proposed purchase of online casino games innovator NYX Gaming Group Limited by Las Vegas-based Scientific Games Corporation has received a second significant boost.
This is due to Sky Betting and Gaming signing an agreement on Friday to support the planned acquisition announced in September with the British online betting and gaming operator now possibly set to pocket in excess of $3.07 million for the just over 1.6 million ordinary shares it holds in Toronto-listed NYX Gaming Group Limited.
“We believe that the acquisition of NYX [Gaming Group Limited] by Scientific Games [Corporation] delivers great value for us as a shareholder in NYX [Gaming Group Limited] and we look forward to continuing to work with a combined Scientific Games [Corporation] and NYX [Gaming Group Limited] as more jurisdictions around the world look to legalize sportsbetting and online gaming,” read a statement from Richard Flint, Managing Director for Leeds-based Sky Betting and Gaming.
Scientific Games Corporation’s offer to purchase all of the stock in NYX Gaming Group Limited is due to be put to a shareholder vote on December 20 and the likelihood that this proposal will be successful was further increased late last week after independent proxy advisory firms Institutional Shareholder Services Incorporated and Glass Lewis and Company recommended that investors vote in favor of the scheme.