{"id":11,"date":"2024-06-10T12:10:19","date_gmt":"2024-06-10T09:10:19","guid":{"rendered":"https:\/\/ozwincasinonodepositbonus.icu\/2024\/06\/10\/aristocrat-acquires-neogames-in-1-2-billion-deal\/"},"modified":"2024-06-11T10:44:45","modified_gmt":"2024-06-11T07:44:45","slug":"aristocrat-acquires-neogames-in-1-2-billion-deal","status":"publish","type":"post","link":"https:\/\/ozwincasinonodepositbonus.icu\/2024\/06\/10\/aristocrat-acquires-neogames-in-1-2-billion-deal\/","title":{"rendered":"Aristocrat Acquires NeoGames in $1.2 Billion Deal"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/f9GkM7LL804\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>A significant industry leader has purchased NeoGames in a transaction valued at $1.2 billion.<\/p>\n<p>Under the terms of the agreement, the multi-channel provider will be acquired for $29.50 per share in cash.<\/p>\n<p>It appears Australia is the current hub for gaming mergers and acquisitions news, as shortly after Fanatics&#8217; acquisition of PointsBet&#8217;s US operations, comes the announcement that Aristocrat is poised to acquire NeoGames. The deal assigns a $1.2 billion valuation to NeoGames at a price of $29.50 per share. NeoGames itself is the result of several acquisitions, encompassing brands like Pariplay, BtoBet, and Aspire Global within its portfolio.<\/p>\n<p>The company&#8217;s ascent in the sector, particularly recognized for its diverse offerings spanning iGaming, sports wagering, lottery, and player account administration, has captured the interest of one of the industry&#8217;s titans. In fact, Australia-based Aristocrat had previously attempted to purchase supplier Playtech in late 2021, although the deal ultimately collapsed in 2022.<\/p>\n<p>Nevertheless, Aristocrat will now acquire NeoGames, despite the supplier reporting a minor net deficit in its Q1 report, though revenue expansion remained robust.<\/p>\n<p>John E. Taylor, Chairman of NeoGames, stated: \u201cThe NeoGames team has established an exceptional company with a solid foundation and unique assets, and we are delighted that Aristocrat acknowledges the value we have generated as a frontrunner across iLottery, iGaming, and online sports betting.\u201d <\/p>\n<p>The head of NeoGames, Moti Malul, conveyed significant satisfaction with the firm&#8217;s accomplishments, underscoring their dominance in iLottery, iGaming, and digital sports wagering. He stressed the strategic alignment and common goals shared by NeoGames and Aristocrat, implying a bright outlook for their collaboration. Malul contends that this acquisition will positively impact all parties involved, encompassing investors, clients, and personnel. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>A significant industry leader has purchased NeoGames in a transaction valued at $1.2 billion. Under the terms of the agreement, the multi-channel provider will be acquired for $29.50 per share in cash. It appears Australia is the current hub for gaming mergers and acquisitions news, as shortly after Fanatics&#8217; acquisition of PointsBet&#8217;s US operations, comes [&hellip;]<\/p>\n","protected":false},"author":99,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Aristocrat Strikes $1.2 Billion Deal to Acquire NeoGames<\/title>\n<meta name=\"description\" content=\"The Australian gaming giant is set to acquire NeoGames for $29.50 per share in cash, marking a significant move in the gaming industry. 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