STOCK TITAN

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

NeoPollard Interactive LLC, owned by Pollard Banknote and NeoGames, announced a new agreement with the Georgia Lottery to deliver its game content via a remote gaming server. This partnership aims to diversify the Lottery's offerings, enhancing player engagement and generating revenue for educational programs in Georgia. The collaboration strengthens NeoPollard's position as a leader in iLottery operations, with their content already live in multiple states. Co-CEOs Doug Pollard and Moti Malul expressed confidence that the new games will appeal widely in Georgia.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.88%
Tags
none
-
Rhea-AI Summary

NeoGames (Nasdaq: NGMS) has announced the launch of its content on the BetMGM Casino platform in Michigan, expanding its presence in North America. CEO Moti Malul highlighted the growth journey and partnership with BetMGM, noting the popularity of Wizard Games titles such as Spirit of Mustang and Wolf Riches. The collaboration has already been successful in New Jersey and West Virginia. NeoGames' portfolio includes over 120 titles, certified in over 20 jurisdictions, reinforcing its position in the iLottery and iGaming market.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.07%
Tags
none
-
Rhea-AI Summary

NeoGames S.A. (Nasdaq: NGMS) announced its participation in the World Lottery Summit 2022 in Vancouver from October 16-20. The company will showcase its complete iLottery solution and portfolio of sports betting and iGaming services aimed at enhancing the growth of regulated lotteries. This marks the first exhibitory appearance since the acquisition of Aspire Global, emphasizing NeoGames as a significant player in the iLottery sector. The event will feature their joint venture, NeoPollard Interactive, alongside new offerings from subsidiaries BtoBet, Pariplay, and Wizard Games.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.32%
Tags
none
Rhea-AI Summary

NeoGames S.A. (NGMS) has announced that its subsidiary Pariplay has received approval to operate in Connecticut, marking its fifth state license in the U.S. This approval includes both Online Gaming Service Provider and Gaming Services Registration Exemption licenses. With this expansion, Pariplay can now provide over 14,000 titles via its Fusion® platform to operators in Connecticut, further enhancing its presence in regulated markets. The company is also active in Canada, being live in Alberta and Ontario.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.43%
Tags
none
-
Rhea-AI Summary

NeoGames (Nasdaq: NGMS) announced a significant distribution agreement through its subsidiary, Pariplay, with Sweden's leading operator, ATG, holding 30.3% of the licensed market. This partnership will expand Pariplay's reach within the Swedish market and provide ATG with access to top-performing games like Dragons of the North and Spirit of Mustang. The deal enhances ATG's product portfolio and offers access to over 14,000 games through Pariplay's Fusion® platform, showcasing NeoGames' commitment to growth in the iLottery and iGaming sectors.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.79%
Tags
none
-
Rhea-AI Summary

NeoPollard Interactive (NPi) commends the Virginia Lottery for its record-breaking achievements in FY 2022, reporting over $1.3 billion in top-line sales, marking a 69% year-over-year growth. The Lottery's success is largely attributed to its eInstant portfolio, contributing 95% of revenues, along with a robust net gaming revenue growth of 60%. New game launches and a user-friendly mobile app have enhanced player engagement, with iLottery accounting for 36% of total sales. Overall, these results significantly boost contributions to K-12 education in Virginia, totaling over $11 billion since 1999.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.65%
Tags
none
Rhea-AI Summary

NeoPollard Interactive LLC congratulates the New Hampshire Lottery on achieving a 30% year-over-year growth in iLottery sales for FY 2022, surpassing $36 million in net gaming revenue. The Lottery introduced new features like expedited withdrawals within an hour, enhancing the player experience. Online draw-based games now account for 21% of total sales. Two multi-game progressive jackpots were launched, and various engaging promotions were implemented, further driving sales. Since 1964, over $2.4 billion has been contributed to education by the Lottery.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.25%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1%
Tags
none
-
Rhea-AI Summary

NeoGames S.A. has announced that its subsidiary, Pariplay, has secured a license from the Pennsylvania Gaming Control Board, marking its fourth US accreditation after Michigan, West Virginia, and New Jersey. This license allows Pariplay to distribute innovative gaming content through its Fusion® platform, which features over 13,000 titles from more than 80 vendors. Pariplay's Managing Director, Adrian Bailey, emphasized the significance of this expansion into the Pennsylvania market, anticipating great potential for future partnerships.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.49%
Tags
none
Rhea-AI Summary

NeoGames' subsidiary BtoBet has entered a multi-year partnership with SOJOGO and Santa Casa Global to provide a proprietary sportsbook solution in Mozambique. This collaboration aims to enhance SOJOGO's online and retail betting presence, capitalizing on BtoBet's technology and expertise. BtoBet's CEO emphasized the company's capability to deliver customized betting experiences, supporting SOJOGO's growth ambitions in the market. This partnership reflects NeoGames' commitment to expanding its footprint through strategic alliances with local operators.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.34%
Tags
partnership

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

NGMS Rankings

NGMS Stock Data

998.21M
13.00M
121.73%
31.86%
0.18%
Gambling
Consumer Cyclical
Link
United States of America
Tel Aviv