NYX secures approval in Canadian provinces
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NYX Gaming Group has been granted approval to provide products and services to customers in the Canadian provinces of British Columbia, Nova Scotia and Québec.
The British Columbia Lottery Corporation arm of the British Columbia Gaming Policy & Enforcement Branch has registered NYX as a gaming service provider.
Meanwhile, Loto-Québec has classified the firm as an approved gaming supplier, and the Nova Scotia Alcohol, Gaming, Fuel and Tobacco Division has registered NYX as a lottery equipment supplier.
Matt Davey, chief executive of NYX, said: “Satisfying the comprehensive conditions set out by the gaming regulators and authorities across these provinces is testament to our long-term strategy to operate at the highest levels in regulated gaming worldwide.
“The approvals pave the way to expand our footprint with gaming content and sportsbook services across Canada; our underlying product focus is now the cornerstone of our new operating model and strategic vision.
“Since our initial public offering at the end of 2014, the journey at NYX has been underpinned by our view on the technology, content and capabilities required to capitalise on the pace of growth in regulated online gambling worldwide.
“We look forward to providing world-class content and technology across these provinces and working closely with their respective gaming regulators and authorities.”
Meanwhile, NYX has appointed Todd McTavish as its new chief legal officer.
Due to join the company on January 16, McTavish will lead the group’s legal and compliance functions.
McTavish previously served as general counsel, chief compliance officer and company secretary of Multimedia Games, as well as general counsel for Video Gaming Technologies.
“NYX has established a highly attractive position in the market across multiple product categories; after a period of strategic M&A the focus of the business has turned to world-class execution,” McTavish said.
“The strength of the combined business will be underpinned by critical decisions within our legal, compliance and strategy functions, and I’m looking forward to working with the team as we take NYX through the next phase of its impressive growth story.”
Matt Davey, chief executive of NYX, added: “Todd joins us with extensive experience in corporate law, business strategy, regulatory and product compliance.
“We continue to experience rapid growth and we have appointed Todd to add further strength to our senior management team.”
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