M&A Deal Summary

Light & Wonder Acquires NYX Gaming Group

On September 20, 2017, Light & Wonder acquired digital media company NYX Gaming Group for 775M CAD

Acquisition Highlights
  • This is Light & Wonder’s 3rd transaction in the Digital Media sector.
  • This is Light & Wonder’s 3rd largest (disclosed) transaction.
  • This is Light & Wonder’s 6th transaction in the United States.
  • This is Light & Wonder’s 2nd transaction in Nevada.

M&A Deal Summary
Date 2017-09-20
Target NYX Gaming Group
Sector Digital Media
Buyer(s) Light & Wonder
Deal Type Add-on Acquisition
Deal Value 775M CAD
Advisor(s) Lazard Ltd.
Macquarie Capital (Financial)
Latham & Watkins
Carey Olsen
Stikeman Elliott LLP (Legal)

Target

NYX Gaming Group

Las Vegas, Nevada, United States
website
NYX Gaming Group Ltd. is a provider of gaming content including casino, poker, bingo and lottery games that players can enjoy on desktop, web and mobile. NYX Gaming Group Ltd. was founded in 1999 and is headquartered in Las Vegas, Nevada.

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Buyer(S) 1

Buyer

Light & Wonder

Las Vegas, Nevada, United States

website

Category Company
Founded 1984
Sector Gaming
Employees6,100
Revenue 2.5B USD (2022)
DESCRIPTION
Scientific Games facility in Las Vegas, Nevada.
Scientific Games facility in Las Vegas, Nevada.

Light & Wonder is a developer of technology-based products and services and associated content for worldwide gaming and lottery markets. The Company's portfolio includes instant and draw-based lottery games; electronic gaming machines and game content; server-based lottery and gaming systems; sports betting technology; loyalty and rewards programs; and social, mobile and interactive content and services. Light & Wonder was established in 1984 and is based in Las Vegas, Nevada.

DEAL STATS #
Overall 11 of 22
Sector (Digital Media) 3 of 7
Type (Add-on Acquisition) 9 of 19
State (Nevada) 2 of 6
Country (United States) 6 of 10
Year (2017) 4 of 5
Size (of disclosed) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-10 Red7Mobile

Bristol, United Kingdom

Red7Mobile Ltd. is a designer, developer and delivers innovative mobile and desktop casino games and sports apps for real-money gaming partners. Red7Mobile Ltd. was established in 2011 and is headquartered in Bristol, UK.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-03 Tech Art

Las Vegas, Nevada, United States

Tech Art is the preeminent provider of blackjack hole-card readers around the world. The company has a dominate market share in a field that they created with the invention of the MAXTime® device. This device provides ironclad game security when dealing blackjack and is in use on over 11,000 tables worldwide.

Buy -
Mergr

Product

Company

Legal