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.
NeoPollard Interactive LLC, co-owned by NeoGames (Nasdaq: NGMS), congratulates the Virginia Lottery on its successful iLottery program, which has generated over $1.7 billion in sales since its July 2020 launch. The addition of Daily Draw Games enhances this platform, which now accounts for 34% of total lottery sales. NPi’s NeoDraw Central Gaming System supports this growth by allowing online sales to achieve 20-40% of total sales for draw-based games. The partnership aims to modernize lottery offerings, contributing to K-12 education funding in Virginia.
NeoGames S.A. (Nasdaq: NGMS) reported fourth quarter revenues of $21.3 million, a 15.2% increase year-over-year, and full-year revenues of $84.5 million, up 43.9% from 2020. The company initiated revenue guidance for 2022 between $90 million and $97 million. Notably, the share in NPI revenues surged over 100% to $9.0 million in Q4 2021. However, it faced a comprehensive loss of $(3.6) million due to non-recurring expenses, including $3.8 million for the Aspire Global acquisition. Adjusted EBITDA decreased to $7.9 million, marking a 13.8% decline.
NeoGames S.A. (Nasdaq: NGMS) will announce its fourth quarter and year-end 2021 results on March 9, 2022, after market close. A conference call will be held on March 10, 2022, at 8:30 am ET to discuss the results. The call can be accessed via the NeoGames investor relations website or by phone. An audio replay will be available on the website for one year. NeoGames is a global provider of iLottery solutions, focusing on technology-driven innovations for national and state-regulated lotteries.
NeoPollard Interactive (jointly owned by Pollard Banknote and NeoGames) has partnered with Pariplay to supply gaming content to Play Alberta, the sole regulated online gambling site in Alberta. This collaboration marks Pariplay's entry into the North American lottery market, enhancing Play Alberta's offerings with over 1,200 games from leading developers. The revenue generated will contribute to the province's General Revenue Fund, supporting vital programs for Albertans. Executives from both companies express enthusiasm for expanding their market presence and providing quality gaming experiences.
NeoPollard Interactive LLC (NPi), jointly owned by Pollard Banknote and NeoGames (Nasdaq: NGMS), has announced a five-year digital content partnership with the Atlantic Lottery Corporation (ALC). This agreement allows ALC to access NPi's game library, enhancing its online offerings on the alc.ca platform. ALC aims to boost revenues from its instant win category while adhering to responsible gambling practices. NPi emphasizes its commitment to customizing solutions for lottery clients, focusing on profitability and community support in Atlantic Canada.
NeoGames S.A. (Nasdaq: NGMS) has launched a public offer to acquire Aspire Global plc for approximately $480 million. The bid includes cash for 50% of shares at SEK 111 each and equity for the other half, issuing 7.6 million shares. A significant 67% of Aspire shareholders have already consented to the offer. This strategic acquisition aims to enhance NeoGames' capabilities in iLottery and expand its presence in iGaming. NeoGames anticipates over 30% accretion to adjusted earnings before taxes, alongside improved market reach in emerging regions like Latin America and Africa.
NeoGames (Nasdaq: NGMS) announced a partnership with Sisal Şans to enhance its online lottery offerings in Turkey. The agreement allows Sisal Şans to access NeoGames' portfolio of premium games, including popular titles such as VIP Platinum and Fruity Cubes. This collaboration is expected to attract new customers and bolster Sisal Şans's gaming experience. With over a decade of partnership, both companies aim to leverage innovative gaming technology to boost customer engagement and revenue.
NeoGames S.A. (Nasdaq: NGMS), a leading provider of iLottery solutions, announced that its CEO, Moti Malul, will participate in a fireside chat at the Jefferies Sports Betting & iGaming Summit on December 1, 2021, at 4:00 p.m. ET. The event will be accessible via a live webcast on the company’s website.
NeoGames offers innovative technology and comprehensive solutions to enhance the success of state-regulated lotteries, focusing on engaging online lottery games that generate revenue for good causes.
NeoGames reported Q3 revenues of $11.9 million and a share in NPI revenue interests of $8.3 million, totaling $20.2 million, marking a 29.7% year-over-year increase.
Net income was $0.06 per share, down from $0.11 a year ago. Adjusted EBITDA stood at $7.5 million, reflecting a 3.8% decline from the previous year.
The company raised its full-year revenue guidance to between $82.5 million and $84.5 million.
NeoGames S.A. (Nasdaq: NGMS) will release its third quarter 2021 results on November 10, 2021, after market close. An investor conference call is scheduled for November 11, 2021, at 8:30 am ET, where results will be discussed. The call can be accessed via the NeoGames investor relations website or by phone. The company provides end-to-end iLottery solutions for regulated lotteries, combining proprietary technology and experience to enhance profitability and player engagement.
FAQ
What is the current stock price of NeoGames S.A. Ordinary Shares (NGMS)?
What is the market cap of NeoGames S.A. Ordinary Shares (NGMS)?
What does NeoGames S.A. specialize in?
When was NeoGames S.A. founded?
What recent strategic acquisition has NeoGames made?
Who are some of NeoGames' key partners?
What markets does NeoGames operate in?
How does NeoGames ensure responsible gaming?
What is unique about NeoGames' iLottery 360° solution?
Who is Tsachi Maimon?
What is the focus of NeoGames' recent expansion efforts?
How can I contact NeoGames for investor relations?
