{"id":133,"date":"2024-06-15T11:44:08","date_gmt":"2024-06-15T08:44:08","guid":{"rendered":"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/15\/aristocrat-acquires-neogames-in-a-1-2-billion-deal\/"},"modified":"2024-06-17T13:16:15","modified_gmt":"2024-06-17T10:16:15","slug":"aristocrat-acquires-neogames-in-a-1-2-billion-deal","status":"publish","type":"post","link":"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/15\/aristocrat-acquires-neogames-in-a-1-2-billion-deal\/","title":{"rendered":"Aristocrat Acquires NeoGames in a $1.2 Billion Deal"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\" src=\"https:\/\/www.youtube.com\/embed\/ltsAGNY4UOc\" frameborder=\"0\" allowfullscreen><br>\n<\/iframe><\/p>\n<p>A significant contender in the interactive entertainment sector just acquired NeoGames for a substantial $1.2 billion.<\/p>\n<p>The agreement, organized as a complete cash exchange, appraises the multi-channel provider at $29.50 per share.<\/p>\n<p>Australia appears to have an insatiable appetite for gaming sector consolidations!  Following closely on the Fanatics\u2019 purchase of PointsBet\u2019s American operations, Aristocrat has revealed its own strategic maneuver with the acquisition of NeoGames.  The transaction values NeoGames at $1.2 billion, with a per-share cost of $29.50. Notably, NeoGames itself expanded through a series of acquisitions, bringing companies like Pariplay, BtoBet, and Aspire Global into its fold. Their ascent in the sector \u2013 likely fueled by their astute blend of iGaming, sports wagering, lottery, and player account management services \u2013 evidently attracted the attention of one of the industry titans.<\/p>\n<p>This isn\u2019t Aristocrat\u2019s initial foray into the acquisition landscape. The Australian-based corporation made a bid for Playtech in late 2021, but the arrangement ultimately collapsed in 2022.  Unfazed, Aristocrat has now targeted NeoGames, a firm that, despite posting a minor net deficit, boasts robust revenue expansion in its latest quarterly report.<\/p>\n<p>John E. Taylor, Chairman of NeoGames, conveyed his excitement regarding the acquisition, remarking, \u201cThe NeoGames team has established an exceptional company with a robust foundation and specialized resources, and we are delighted that Aristocrat acknowledges the worth we\u2019ve generated as a frontrunner across iLottery, iGaming, and online sports wagering.\u201d <\/p>\n<p>The head of NeoGames, Moti Malul, conveyed significant satisfaction with the firm\u2019s accomplishments, underscoring their top spot in iLottery, online gaming, and digital sports wagering.  He stressed the strategic alignment and common goals shared by NeoGames and Aristocrat, indicating a bright outlook for the unified organization.  Malul feels this acquisition will be highly advantageous for NeoGames\u2019 investors, clientele, and personnel. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>A significant contender in the interactive entertainment sector just acquired NeoGames for a substantial $1.2 billion. The agreement, organized as a complete cash exchange, appraises the multi-channel provider at $29.50 per share. Australia appears to have an insatiable appetite for gaming sector consolidations! Following closely on the Fanatics\u2019 purchase of PointsBet\u2019s American operations, Aristocrat has [&hellip;]<\/p>\n","protected":false},"author":69,"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 Again! Acquires NeoGames in $1.2 Billion Deal<\/title>\n<meta name=\"description\" content=\"The gaming industry is buzzing as Aristocrat scoops up NeoGames for a cool $1.2 billion! This follows hot on the heels of Fanatics\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/15\/aristocrat-acquires-neogames-in-a-1-2-billion-deal\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aristocrat Acquires NeoGames in a $1.2 Billion Deal\" \/>\n<meta property=\"og:description\" content=\"The gaming industry is buzzing as Aristocrat scoops up NeoGames for a cool $1.2 billion! This follows hot on the heels of Fanatics\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/15\/aristocrat-acquires-neogames-in-a-1-2-billion-deal\/\" \/>\n<meta property=\"og:site_name\" content=\"Indulge in a Thrilling Casino Adventure | Licensed &amp; Trusted\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-15T08:44:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-17T10:16:15+00:00\" \/>\n<meta name=\"author\" content=\"Camila &quot;Crimson&quot; Phelps\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Camila &quot;Crimson&quot; Phelps\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/15\/aristocrat-acquires-neogames-in-a-1-2-billion-deal\/\",\"url\":\"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/15\/aristocrat-acquires-neogames-in-a-1-2-billion-deal\/\",\"name\":\"Aristocrat Strikes Again! 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