NeoGames S.A, a provider of iGaming and iLottery solutions, has announced the receipt of all necessary regulatory approvals for its acquisition by Aristocrat Leisure Limited, a move that further consolidates the gaming and lottery industry. All antitrust and foreign investment regulatory clearances have also been secured. A final vote by NeoGames shareholders is scheduled for April 25, 2024, with the acquisition’s completion expected on the same date. NeoGames, known for its technology innovation, offers a comprehensive range of services including proprietary technology platforms, game studios, and a suite of value-added services following its previous acquisition of the Aspire Global Group. This acquisition enables NeoGames to expand its portfolio to encompass iLottery, sports betting, content aggregation, and a complete set of B2B gaming tech and managed services. Characterized by a forward-looking approach, the company commits itself to compliance, risk management, and player value optimization, aiming to be the choice partner for its clients. The acquisition will likely fortify both companies’ positions in the regulated gaming and lottery markets and may result in synergetic benefits, from broadening game portfolios to expanding into new market segments. The press release also includes forward-looking statements that disclose potential risks and uncertainties that could affect future outcomes acknowledged by company management.
iGaming, Lottery,Luxembourg, Australia
https://www.globenewswire.com/news-release/2024/04/18/2865890/0/en/NeoGames-and-Aristocrat-Receive-Final-Regulatory-Approvals-on-Proposed-Acquisition.html