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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
NeoGames S.A. (Nasdaq: NGMS) announced a partnership between its subsidiary Pariplay and Hard Rock Digital, expanding Pariplay's presence in North America. Pariplay will launch slot games from its game studio, Wizard Games, through its Fusion aggregation platform, strengthening its foothold in New Jersey and other regions in North America.
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NeoGames S.A. (NGMS) reported third quarter revenues of $63.3 million, a net loss of $3.6 million, and adjusted net income of $4.4 million. Adjusted EBITDA was $19.9 million, up 13% year-over-year. The expected timeline for the completion of the Aristocrat business combination remains the first half of 2024.
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NeoGames to release Q3 2023 results on November 8, 2023
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NeoGames issues statement on recent events in Israel
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NeoGames subsidiary Pariplay enters Pennsylvania for the first time with Rush Street Interactive, expanding its reach in the US
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NeoGames expands reach in Canada through partnership with Atlantic Lottery, launching premium eInstant games from NeoGames Studio. AL gains access to a portfolio of award-winning games, enhancing the overall customer experience. This is NeoGames' first pure digital content partnership in Canada.
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NeoGames S.A. (Nasdaq: NGMS) has signed a three-year agreement with Scientific Games to deliver its premium NeoGames Studio content to the Pennsylvania Lottery. The deal will integrate NeoGames Studio's engaging titles onto the Scientific Games platform, providing the Pennsylvania Lottery's customers with a wide range of award-winning eInstant games. NeoGames' support for lottery customers in North America expands with this partnership, adding to a total of eight lotteries carrying the supplier's iLottery offering. NeoGames Studio, with a 17-year track record, has created over 250 games and won numerous industry awards, including the gold award for Best New Game at the EGR North America Awards 2023. The Pennsylvania Lottery's Executive Director expressed delight in adding NeoGames Studio's portfolio to the iLottery online platform, aiming to enhance the digital games experience for players and boost proceeds to programs benefiting older residents. Managing Director of NeoGames Studio, Hili Shakked, expressed confidence in the partnership, emphasizing the commitment to providing innovative, engaging games for lottery customers.
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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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NGMS Stock Data

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