NeoGames News
10 articles
NeoGames acquired by Australia's Aristocrat in $1.2 billion deal | CTech
Israeli-founded company NeoGames, a provider of end-to-end iLottery and iGaming solutions, is being acquired by Australian gaming company Aristocrat in an all-cash transaction. Aristocrat will pay $29.50 per share, representing an enterprise value of approximately $1.2 billion for NeoGames. The transaction price represents a premium of approximately 104% over the volume weighted average price of NeoGames’ shares for the three months ending on May 12, 2023. NeoGames raised $94 million at a value of about $450 million when it first went public.
Acquisition
NeoGames Completes Tender Offer of Aspire Global, Aims to Create a Leading Global Provider in Technology and Content across iLottery, Online Sports Betting and iGaming
NeoGames S.A has completed its acquisition of Aspire Global plc, a leading B2B iGaming technology solutions provider. The transaction was funded through a combination of newly issued NeoGames shares and cash, with the company issuing approximately 7.6 million shares to shareholders of Aspire Global and paying cash of approximately $264 million. The company also obtained fully committed debt financing from funds managed by Blackstone Alternative Credit Advisors LP. The combined company will be led by Moti Malul, the current CEO of NeoGames, and Tsachi Maimon, the CEO of Aspire Global, will join NeoGames as President.
AcquisitionManagement Changes
הגיוסים נמשכים: שתי חברות היי-טק שמחפשות מאות עובדים.ות -
יוניקורן הפינטק מליו מגייסת 300 עובדים לפיתוח פלטפורמת התשלומים לעסקים קטנים ובינוניים. ניאו גיימס מחפשת 50 עובדים לפיתוח פלטפורמות להגרלות ולמשחקים אלה עבור ממשלות וארגונים ציבוריים.
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NeoGames Announces the Closing of an Underwritten Public Offering of Ordinary Shares and Full Exercise of Underwriters' Option to Purchase Additional Ordinary Shares
NeoGames S.A., a technology-driven provider of iLottery solutions, has closed an underwritten public offering of 3,975,947 ordinary shares by a certain shareholder of the company. The shares were sold at a price of $36.00 per ordinary share. The offering included additional ordinary shares sold through the underwriters option. J.P. Morgan and Deutsche Bank Securities acted as joint lead book-running managers for the offering. BofA Securities, Macquarie Capital, Truist Securities, and Stifel also participated as managers. The offering was made through a prospectus. NeoGames provides iLottery solutions for national and state-regulated lotteries, offering a comprehensive solution to maximize their success. The company aims to deliver enjoyable and profitable iLottery programs to players and generate more revenue for good causes.
Public Trading
NeoGames Announces the Commencement of an Underwritten Public Offering of Ordinary Shares
NeoGames S.A. has announced the commencement of an underwritten public offering of ordinary shares by certain shareholders. The offering is being made pursuant to a registration statement on Form F-1 filed with the Securities and Exchange Commission. The underwriters have been granted a 30-day option to purchase additional ordinary shares. The offering is being led by J.P. Morgan and Deutsche Bank Securities, with BofA Securities, Macquarie Capital, Truist Securities, and Stifel also involved. The offering will be made through a prospectus. NeoGames is a technology-driven provider of iLottery solutions for national and state-regulated lotteries. The company combines proprietary technology platforms with expertise in iLottery operations and offers a comprehensive solution to maximize the success of lotteries.
Public Trading
NeoGames Announces Pricing of $81.7 Million Initial Public Offering
NeoGames S.A., a technology-driven provider of iLottery solutions, has announced the pricing of its initial public offering (IPO) of 4,807,522 ordinary shares. The IPO consists of 2,627,061 ordinary shares offered by the company and 2,180,461 ordinary shares offered by certain selling shareholders. The shares will be listed on The Nasdaq Global Market under the ticker symbol NGMS. The offering is expected to close on November 23, 2020. Stifel is acting as the lead bookrunner for the offering, with Macquarie Capital and Truist Securities acting as joint bookrunners. NeoGames provides iLottery solutions for national and state-regulated lotteries, offering a comprehensive solution that empowers them to deliver enjoyable and profitable iLottery programs to their players.
Public Trading
https://www.jpost.com/special-content/some-of-the-worlds-largest-igaming-firms-are-from-israel-616578
The article discusses the growth of the Israel iGaming industry despite strict regulations on gambling. Israel is home to large iGaming firms such as Playtech and 888, which have thrived through collaborations and support from entrepreneurs. Playtech, founded by Teddi Sagi, is the largest online gaming vendor and has partnerships with major entertainment companies. 888.com, established by Israeli brothers, has acquired licenses from various authorities. Other firms with Israeli roots, such as PokerStars, Neo Games, and William Hill, have also made a significant impact in the global online gambling industry. Israels innovation and technological development have attracted these companies, and the country is expected to continue being a hub for iGaming firms.
CustomersPartners
William Hill and NeoGames in US deal
Tabcorp extends Greyhound Racing Victoria sponsorship - Gaming Intelligence
Tabcorp Holdings has extended its partnership with Greyhound Racing Victoria for four more years. The partnership covers naming rights for popular greyhound events and is seen as a growth-positive move for the company.
Partners
NeoGames secures iLottery deal with Czech's Sazka