NYX GAMING GROUP LTD 11 PCT DEBS V.NYX.DB

Changes

[PChung888]

LAS VEGAS, Nov. 21, 2017 /CNW/ - NYX Gaming Group Limited (TSXV: NYX) ("NYX") today announced that it has entered into a first amendment dated November 21, 2017 (the "Amendment") to the arrangement agreement (the "Arrangement Agreement") dated September 20, 2017 between NYX and Scientific Games Corporation ("Scientific Games").

Under the Amendment, NYX and Scientific Games have agreed that should the acquisition of NYX by Scientific Games not be approved by shareholders at the shareholder vote in December or not move forward for other specified reasons, Scientific Games will commence a contractual takeover offer to NYX shareholders. This reaffirms the companies' commitment to move forward together.

The takeover offer would include a minimum tender condition requiring Scientific Games to acquire no less than one ordinary share more than 50% of the ordinary shares of NYX outstanding (including any ordinary shares of NYX beneficially owned by Scientific Games prior to the consummation of the takeover offer) and would be for the same share price contained in the Arrangement Agreement.

In addition, NYX has agreed to waive the existing standstill with Scientific Games contained in the agreement between NYX and Scientific Games so that Scientific Games and its affiliates can purchase any ordinary, preferred or other equity securities of NYX or any of its subsidiaries. The waiver of the standstill is effective immediately.

Copies of the Amendment and a side letter agreement between NYX and Scientific Games will be filed by NYX under applicable Canadian securities laws and will be available under the NYX's profile on SEDAR at www.sedar.com.