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NeoGames S.A. Ordinary Shares - NGMS STOCK NEWS

Welcome to our dedicated page for NeoGames S.A. Ordinary Shares news (Ticker: NGMS), a resource for investors and traders seeking the latest updates and insights on NeoGames S.A. Ordinary Shares stock.

NeoGames S.A. (symbol: NGMS) is a pioneer in the iLottery and iGaming industry, providing comprehensive 360° solutions that cater to a diverse range of lottery and gaming operators. Established in 2005, NeoGames has been instrumental in transforming the interactive scratch games market, quickly establishing itself as a leader in the sector.

The company offers a wide array of market-proven games for desktops, smartphones, and tablets. This includes a sophisticated back-office platform and a comprehensive set of player operational services. NeoGames' offerings are designed to be flexible, allowing lottery customers to customize solutions that best suit their needs. This flexibility has enabled NeoGames to generate significant revenues for its clients through interactive gaming experiences.

One of NeoGames' recent achievements includes its strategic acquisition of Aspire Global Group, which has expanded its portfolio to include iLottery, an innovative sports betting platform from BtoBet, and an advanced content aggregation solution from Pariplay. This acquisition allows NeoGames to offer a full suite of B2B gaming technology and managed services, further solidifying its position as a global leader.

NeoGames is also focused on maintaining high levels of security and responsible gaming guidelines, ensuring a safe and enjoyable experience for all players. The company's commitment to innovation and excellence is evident in its continuous expansion into new markets, such as its upcoming integration with BIG Brazil and the enhancement of Georgia Lottery's online offerings with top-tier eInstant games.

Partnerships play a crucial role in NeoGames' strategy. For example, its collaboration with Tipico in the U.S. market aims to bring Wizard Games and Fusion content to New Jersey's online casino, thereby increasing player engagement and expanding its reach across regulated states.

Financially, NeoGames has shown resilience and growth, often highlighted by successful collaborations and expansions. The company remains an instrumental partner to its customers worldwide, helping them maximize revenue potentials through a variety of offerings, including regulation and compliance, payment processing, risk management, player relationship management, and player value optimization.

NeoGames aims to be the long-term partner of choice for its customers, empowering them to deliver enjoyable and profitable programs to their players while maximizing proceeds to governments and good causes.

Rhea-AI Summary
Aristocrat Leisure completes the acquisition of Neo Group for $29.50 per share, totaling an enterprise value of approximately $1.2 billion. The transaction was announced on May 15, 2023, and Neo will now operate under Aristocrat's umbrella to enhance iLottery, iGaming, and online sports betting solutions.
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NeoGames S.A (Nasdaq: NGMS) and Aristocrat Leisure (ASX: ALL) have received all necessary regulatory approvals for their proposed acquisition. The final shareholder vote for the acquisition is pending, marking a significant milestone in the process.
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NeoGames S.A. appoints Christopher Shaban as Managing Director of iLottery, as part of the company's organizational restructure. Shaban will lead global iLottery operations, new business initiatives, customer growth, and expansion of NeoGames' iLottery solution.
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NeoGames partners with BIG Brazil for its Caesars Brazil brand, ahead of market opening. NeoGames S.A (Nasdaq: NGMS) will provide online gaming and sports betting solutions for BIG Brazil's entry into Brazil's iGaming market.
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NeoGames S.A. (NGMS) extends a three-year contract with SAZKA, a leading lottery operator, until 2028. The agreement includes leveraging NeoGames' iLottery and iGaming solutions, content aggregation from Pariplay, and enhancing SAZKA's online gaming offerings. The partnership has driven significant growth for SAZKA since 2017.
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NeoGames S.A. (NGMS) reports full year 2023 revenues of $254.6 million with a net loss of $18.3 million. Adjusted EBITDA shows a 39.8% increase year-over-year. The expected completion timeline for the Aristocrat Business Combination is in the second quarter of 2024. The company highlights strong growth in iLottery, Games, and Sports segments, with notable partnerships and product launches.
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NeoGames S.A. expands its US presence by launching premium eInstants with the Georgia Lottery Corporation, enhancing player engagement and retention.
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NeoGames S.A. (NGMS) will release its Q4 and year-end 2023 results on March 6, 2024, showcasing its technology-driven iLottery and iGaming solutions.
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Federman & Sherwood Initiates Investigation into NeoGames, SA (NGMS) for Stock Trading and Public Disclosures
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NeoGames S.A. (Nasdaq: NGMS) announced a partnership between its subsidiary Pariplay and Tipico's US business to expand Pariplay's Wizard Games and Fusion content in the North American market, specifically in New Jersey. The deal will integrate Pariplay's content into Tipico's online casino platform in Q1 of 2024, following a successful collaboration in the European market. This expansion aims to drive engagement with players and establish Pariplay as a leading content provider in the North American iGaming industry.
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FAQ

What is the current stock price of NeoGames S.A. Ordinary Shares (NGMS)?

The current stock price of NeoGames S.A. Ordinary Shares (NGMS) is $29.45 as of April 23, 2024.

What is the market cap of NeoGames S.A. Ordinary Shares (NGMS)?

The market cap of NeoGames S.A. Ordinary Shares (NGMS) is approximately 998.2M.

What does NeoGames S.A. specialize in?

NeoGames specializes in iLottery and iGaming solutions, offering a complete 360° service that includes a wide portfolio of market-proven games, a comprehensive back-office platform, and player operational services.

When was NeoGames S.A. founded?

NeoGames was founded in 2005.

What recent strategic acquisition has NeoGames made?

NeoGames recently acquired Aspire Global Group, expanding its portfolio to include iLottery, a sports betting platform from BtoBet, and a content aggregation solution from Pariplay.

Who are some of NeoGames' key partners?

NeoGames partners with leading operators like Tipico and BIG Brazil, enhancing their gaming offerings and expanding their market presence.

What markets does NeoGames operate in?

NeoGames operates in various regulated markets worldwide, including North America, Europe, and soon in Brazil.

How does NeoGames ensure responsible gaming?

NeoGames maintains high levels of security and adheres to responsible gaming guidelines to ensure a safe and enjoyable player experience.

What is unique about NeoGames' iLottery 360° solution?

NeoGames' iLottery 360° solution offers a comprehensive service, including a wide range of games, a sophisticated back-office platform, and player operational services, allowing for tailored solutions and significant revenue generation.

Who is Tsachi Maimon?

Tsachi Maimon is the President and Head of iGaming at NeoGames.

What is the focus of NeoGames' recent expansion efforts?

NeoGames is focusing on expanding its market reach in regulated states in North America and the upcoming Brazilian market.

How can I contact NeoGames for investor relations?

For investor relations, you can contact NeoGames at ir@neogames.com.

NeoGames S.A. Ordinary Shares

Nasdaq:NGMS

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998.21M
13.00M
121.73%
31.86%
0.18%
Gambling
Consumer Cyclical
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