International edition
July 31, 2021

Regarding proposed acquisition by Scientific Games

NYX files lawsuit against William Hill over “wrongful conduct”

NYX files lawsuit against William Hill over “wrongful conduct”
NYX alleges that William Hill has engaged in “wrongful conduct in violation of the New Jersey Antitrust Act in attempting to block the acquisition”.
United States | 11/13/2017

NYX Gaming Group has filed an anti-trust lawsuit against William Hill over alleged “wrongful conduct”.

I

n September, Scientific Games agreed a deal to acquire NYX for approximately CAD$775m (€524.6m/US$611m), in a deal it said would lead to the creation of a “global digital gaming and lottery powerhouse”.

William Hill announced last week it was to consider options regarding Scientific Games’ proposed purchase of NYX Gaming Group.

The company said it wanted to look in detail at the agreement in regards to contractual rights it obtained when it allowed NYX to acquire OpenBet, but denied that any “anti-competitive measures” had been requested or demanded.

William Hill owns and controls 6,800,000 ordinary shares of NYX and £80m of preference shares of NYX Digital Gaming, an indirect wholly-owned subsidiary of NYX.

NYX has now filed an action in the Chancery Division of the Superior Court of New Jersey in the US against William Hill Steeplechase Limited and William Hill Plc.

NYX alleges that William Hill has engaged in “wrongful conduct in violation of the New Jersey Antitrust Act in attempting to block the acquisition”.

“The complaint seeks injunctive relief, treble damages and attorney's fees for violations of the New Jersey Antitrust Act, and also alleges tortious interference with economic advantage, and tortious interference with contract, and seeks punitive damages,” the statement read.

Yogonet.com
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