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Scientific Games Buys NYX Gaming for $632 Million

Scientific Games (SG) made an announcement on Wednesday that it has bought the competitor NYX Gaming.  The purchase of the gaming software provider also changes the Scientific Games position on the slots market. They can now produce top quality graphics and more slots machine games. Scientific Games will purchase all of the outstanding shares of NYX. SG acquired NYX Gaming for its internet gaming and sports betting maneuvers.

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Scientific Games Investors

Investors from Scientific Games are not impressed with the investment made.  Scientific shares (NASDAQ: SGMS) went down by almost one percent in Thursday morning trade.  The company was flattened to lose $0.15, or 35 percent.

About Scientific Games

SG is a leading producer of slot machines and video gaming stations for the casino gambling industry. It also manufactures table games based technology and lottery products. But for all of its leading products, Scientific was looking for a leading B2B internet casino company.  NYX was the perfect fit for them. Clients from NYX Gaming include Coral, bet365, William Hill and Mr. Green. The clients are the best and most leading mobile and online sportsbooks available across the globe.

Scientific Group is growing and becoming one of the best software available across the world. The company partnered with IGT earlier this year to share patents and licenses.

About NYX Gaming

NYX Gaming group is one of the top gaming software providers across the globe. They are known to produce quality games and top-notch slots. The gaming software establishes games through a combination of the industry’s top content portfolio with top rated online sites. Slot players want something that is fresh and new and that’s going to entertain them. Scientific Games and IGT have been trying to provide players with that. However, there has been a little success to it. The purchasing of NYXX gaming might be a game changer for them.

Scientific Games

Skill-based video machines have been rolled out on Atlantic City and Las Vegas casino floors. However, the seats are being unoccupied. Most were removed in a later stage.