Announced
Financials
Tags
Cross Border
Acquisition
Israel
lottery
Casinos and Gambling
iLottery solutions
Single Bidder
Pending
Majority
Friendly
online gaming
Public
Synopsis
Aristocrat Leisure, an Australian gambling machine manufacturer, agreed to acquire NeoGames, a provider of iLottery solutions and services to national and state-regulated lotteries, for $1.2bn. “Bringing together NeoGames and our growing Anaxi business will position Aristocrat with global scale and capability in the growing online RMG industry. Through the acquisition of NeoGames and its industry-leading global online RMG platform, this transaction will deliver on our strategy by providing a portfolio of end-to-end solutions for iGaming, iLottery and Online Sports Betting operators globally. We see great opportunities in the combination of our complementary businesses, with clear revenue and growth potential that comes with a complete and seamless online RMG solution. NeoGames also shares a strong commitment to sustainability, responsible gameplay and people-first culture which is central to everything we do," Trevor Croker, Aristocrat CEO and Managing Director.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.