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New Deal


Announced

Aristocrat Leisure to acquire NeoGames for $1.2bn.

Financials

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Transaction Value£963m
Consideration Type-
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium104%
One Off Charge-

Tags

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Cross Border

Acquisition

Israel

lottery

Casinos and Gambling

iLottery solutions

Single Bidder

Pending

Majority

Friendly

online gaming

Public

Synopsis

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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.

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