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Neogames S.A. - NGMS STOCK NEWS

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

About NeoGames S.A. (Symbol: NGMS)

NeoGames S.A. is a global provider of innovative technology and services for the iLottery and iGaming industries. The company specializes in offering a comprehensive suite of solutions designed to empower regulated lottery and gaming operators worldwide. With a mission to drive the digital transformation of traditional lottery and gaming markets, NeoGames delivers a 360° approach that integrates proprietary technology platforms, market-proven games, and operational services.

Core Business Areas

NeoGames operates across multiple segments of the gaming industry, with a primary focus on:

  • iLottery Solutions: A full-service platform that includes game development, back-office management, and player operational services. NeoGames' iLottery offerings are tailored to meet the unique needs of its clients, enabling them to deliver engaging and profitable programs to their players.
  • iGaming and Casino Solutions: Through its game studios and content aggregation services, NeoGames provides a diverse portfolio of casino games, including online slots, table games, and instant-win games.
  • Sports Betting: Following its acquisition of Aspire Global Group, NeoGames has expanded into sports betting, offering an advanced platform through its subsidiary BtoBet. This addition positions the company as a comprehensive supplier for gaming operators.

Business Model and Revenue Streams

NeoGames operates on a business-to-business (B2B) model, generating revenue through licensing its technology platforms, game content, and operational services. The company also offers managed services such as player relationship management, payment processing, and risk management, which provide recurring revenue streams. By focusing on long-term partnerships, NeoGames aims to maximize its clients' revenue potential while adhering to regulatory and compliance standards.

Market Position and Competitive Landscape

NeoGames is a key player in the rapidly growing digital lottery and gaming industry. Its ability to offer a complete end-to-end solution sets it apart from competitors like IGT, Scientific Games, and Playtech. The company's emphasis on innovation, security, and responsible gaming practices further strengthens its market position. With the addition of Aspire Global's technologies, NeoGames has expanded its footprint in emerging markets, including Latin America and Europe, where regulatory frameworks for online gaming are evolving.

Value Proposition

NeoGames' primary value proposition lies in its ability to deliver tailored, scalable solutions that address the specific needs of its clients. The company's 360° iLottery platform integrates seamlessly with its iGaming and sports betting offerings, providing a unified ecosystem for operators. This holistic approach allows NeoGames to support its clients in maximizing player engagement, optimizing operational efficiency, and achieving sustainable growth.

Commitment to Responsible Gaming

NeoGames is committed to maintaining the highest standards of security and responsible gaming. The company works closely with its clients to ensure compliance with local regulations and industry best practices, fostering trust and reliability in its partnerships.

Conclusion

NeoGames S.A. stands out as a technology-driven innovator in the iLottery and iGaming sectors. By offering a comprehensive suite of solutions and services, the company empowers its clients to navigate the complexities of the digital gaming landscape. With a focus on innovation, compliance, and long-term partnerships, NeoGames continues to play a pivotal role in shaping the future of regulated lottery and gaming markets.

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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. (NGMS)?

The current stock price of Neogames S.A. (NGMS) is $29.45 as of February 7, 2025.

What is the market cap of Neogames S.A. (NGMS)?

The market cap of Neogames S.A. (NGMS) is approximately 998.2M.

What does NeoGames S.A. specialize in?

NeoGames specializes in providing iLottery and iGaming solutions, including technology platforms, game development, and operational services.

How does NeoGames generate revenue?

NeoGames generates revenue through licensing its technology platforms, offering managed services, and providing game content and operational support.

Who are NeoGames' primary customers?

NeoGames primarily serves regulated lottery and gaming operators, including government agencies and private gaming companies.

What sets NeoGames apart from its competitors?

NeoGames differentiates itself with its 360° iLottery solution, comprehensive service offerings, and a strong focus on innovation and responsible gaming.

What markets does NeoGames operate in?

NeoGames operates globally, with a strong presence in regulated markets across Europe, North America, and emerging regions such as Latin America.

What is NeoGames' approach to responsible gaming?

NeoGames is committed to responsible gaming by ensuring compliance with regulations, implementing security measures, and promoting ethical gaming practices.

How has NeoGames expanded its offerings in recent years?

NeoGames expanded its offerings through the acquisition of Aspire Global Group, adding sports betting and content aggregation capabilities to its portfolio.

What is NeoGames' value proposition to its clients?

NeoGames provides tailored, scalable solutions that help clients maximize player engagement, optimize operations, and achieve sustainable growth.
Neogames S.A.

Nasdaq:NGMS

NGMS Rankings

NGMS Stock Data

998.21M
13.00M
121.73%
31.86%
0.18%
Gambling
Consumer Cyclical
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Israel
Tel Aviv