Scientific Games boosts stake in NYX

Scientific Games has increased its stake in NYX Gaming Group to 36 percent with the purchase of a further 27.4 million ordinary shares in the company.

The company also acquired 3.5 million warrants to acquire ordinary shares of NYX, as well as 40,000 Class A exchangeable preferred shares of NYX Digital Gaming (Canada) ULC, a subsidiary of NYX.

According to the company, the shares are exchangeable for an aggregate of 9.2 million ordinary shares of NYX.

Scientific Games said that if all warrants and preferred shares were exchanged, its shareholder in NYX will increase to 42.7 percent.

The company added that it may acquire additional ordinary shares or securities convertible into ordinary shares or dispose of such securities in the future.

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