Aristocrat Leisure completed the acquisition of NeoGames for $1.2bn.

Aristocrat Leisure, an Australian gambling machine manufacturer, completed the acquisition of NeoGames, a provider of iLottery solutions and services to national and state-regulated lotteries, for $1.2bn. “We are excited to have successfully closed this transaction and joined forces with the Aristocrat team to further drive our success across iLottery, iGaming, and online sports betting. We firmly believe that this Transaction represents a great outcome for all of Neo’s shareholders, customers and employees. We are very grateful to all our stakeholders who have supported us since our inception. I would also like to thank all our employees for their commitment in making Neo the great company it is today,” Moti Malul, Neo CEO.