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NeoGames has officially launched its suite of eInstant games with Lottomatica, expanding its presence in the Italian lottery market. This multi-year agreement enables NeoGames to supply popular game titles, including Queen of Diamonds and Blackjack Doubler, to enhance Lottomatica's gaming offerings. Lottomatica's Managing Director expressed excitement about the partnership, while NeoGames' CEO emphasized the deal's potential for growth and audience reach. This marks NeoGames' seventh European lottery collaboration.
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NeoGames (Nasdaq: NGMS) recently announced the closing of a public offering of 3,975,947 ordinary shares at $36.00 each, with a total of 518,601 shares sold due to the underwriters' option exercise. The offering was led by J.P. Morgan and Deutsche Bank Securities, among others. The registration statement has been declared effective, enabling the sale of these securities. While the offering provides liquidity, it may lead to shareholder dilution. NeoGames specializes in iLottery solutions, combining technology and expertise to enhance lottery operations and revenue generation.
NeoGames, a provider of iLottery solutions, announced a public offering of 3,457,346 ordinary shares priced at $36.00 each, with a 30-day option for underwriters to buy an additional 518,601 shares. The offering, set to close on September 16, 2021, is led by J.P. Morgan and Deutsche Bank Securities. Funds from this offering are anticipated to support business growth and improve shareholder value. The registration statement for this offering has been declared effective by the SEC.
NeoGames S.A. (Nasdaq: NGMS) announced a public offering of 3,457,346 ordinary shares by certain shareholders, with a potential option for underwriters to purchase an additional 518,601 shares. The offering is led by J.P. Morgan and Deutsche Bank, alongside other financial institutions. A registration statement on Form F-1 has been filed with the SEC but is not yet effective, meaning shares cannot be sold until it is.
NeoGames specializes in iLottery solutions for regulated lotteries, enhancing their digital offerings.
NeoGames S.A. (Nasdaq: NGMS) announces the introduction of a multi-game progressive jackpot feature for selected eInstant games, aiming to enhance player engagement and attract new audiences.
This flexible feature is designed to boost revenues by providing lotteries with more options and increasing the potential for larger jackpots. This represents NeoGames' ongoing commitment to innovation within the lottery sector and will be implemented across its client base.
NeoGames reported Q2 2021 revenues of $12.9 million, down 0.6% year-over-year, with total revenues including NPI share at $21.4 million, up 47.0%. NPI share revenue surged 434% to $8.5 million. Net income was $2.8 million or $0.11 per share, matching the prior year. Adjusted EBITDA increased 6.6% to $8.3 million. The company raised its FY 2021 revenue guidance to $75-$79 million, reflecting strong growth in Alberta and successful international expansions.
NeoGames (NASDAQ: NGMS) announced it will release its Q2 2021 financial results after market close on August 11, 2021. A conference call and audio webcast to discuss these results is scheduled for August 12, 2021, at 8:30 AM ET. Interested parties can listen via the NeoGames investor relations website or by dialing (833) 301-1152. The call will be accessible for replay on their website for one year.
NeoGames specializes in iLottery solutions for national and state-regulated lotteries, providing comprehensive technology platforms and a diverse portfolio of engaging online lottery games.
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NeoGames S.A. (Nasdaq: NGMS) has appointed Christopher G. Shaban as the new Executive Vice President of Sales, Marketing and Customer Development, effective June 7, 2021. With over 24 years of experience in the global lottery industry, Shaban will oversee new sales initiatives, government relations, and customer development. CEO Moti Malul welcomed Shaban, noting his extensive expertise in lottery operations and his well-regarded reputation. Shaban expressed enthusiasm about leading NeoGames during a pivotal digital transformation in the lottery sector.