NeoGames S.A. (Nasdaq: NGMS) (“NeoGames” or the “Company”), a
technology-driven provider of end-to-end iLottery and iGaming
solutions, announced today that its subsidiary, Aspire Global, will
provide its full suite of solutions to land-based UK operator
group, Metropolitan Gaming, after completing an agreement to power
its new digital offering.
Aspire Global will provide Metropolitan with its comprehensive
and proprietary online solution, incorporating its Platform (PAM),
Managed Services and casino aggregation solution.
Tsachi Maimon, President of NeoGames, said: “In
regulated markets across the world, land-based operators are
exploring options to present their customers with a fully rounded,
all-encompassing entertainment experience. As a leading UK brand,
Metropolitan Gaming sought a partner that was able to offer an
advanced technology-based solution that included all gaming
verticals, along with Managed Services, and we are delighted to
have been selected. It is an important deal for us and one that
speaks of our strength in successfully delivering everything
operators need to branch out into the online universe.”
Michael Silberling, CEO of Metropolitan Gaming,
said: “We see great opportunities within multi-channel
solutions and the superior, additional entertainment options this
approach presents to players. Aspire Global’s track record as a
platform provider in the UK, covering all verticals with class
leading content, was impressive and we are delighted to have
partnered with them to make this important step. This is an
exciting deal, and we look forward to growing together within the
well-established and highly regulated UK market.”
The agreement with Metropolitan, which operates one of London’s
biggest casinos, Empire Casino in Leicester Square, as well as
seven other premium locations across the UK, was secured due to
Aspire Global’s strong online operational experience in the UK and
its ability to offer a complete proprietary solution.
Another key factor within the multi-year deal is Aspire Global’s
advanced technology and processes, which are vital in order to run
a compliant operation in a heavily regulated UK market. The
multi-channel solution will elevate the gaming experience for
players whether they are on the casino floor or playing through
their desktop or mobile devices.
With UK regulated Remote Gambling continuing to perform
strongly, the provision of a seamless brand experience is widely
viewed as presenting a major opportunity for operators partnering
with companies offering flexible, technologically advanced, and
comprehensive proprietary platform solutions.
About NeoGames
NeoGames is a technology-driven innovator and a global leader of
iLottery and iGaming solutions and services for regulated lotteries
and gaming operators. The Company offers its customers a
full-service suite of solutions, including proprietary technology
platforms, two dedicated game studios with an extensive portfolio
of engaging games – one in lottery and one in casino games, and a
range of value-added services. The recent strategic acquisition of
Aspire Global Group enables NeoGames to offer the most
comprehensive portfolio across iLottery, an innovative sports
betting platform from BtoBet, an advanced content aggregation
solution from Pariplay, and a complete set of B2B Gaming tech and
Managed Services. NeoGames remains an instrumental partner to its
customers worldwide, as it works to maximize their revenue
potential through various offerings, including regulation and
compliance, payment processing, risk management, player
relationship management, and player value optimization. NeoGames
strives to be the long-term partner of choice for its customers,
empowering them to deliver enjoyable and profitable programs to
their players, generate more revenue, and maximize proceeds to
governments and good causes.
About the Metropolitan Gaming Group
The Metropolitan Gaming Group is one of London's largest
casino-entertainment companies and one of the UK's most diversified
casino-entertainment providers. The Group currently operates 6
casino licences in London and 8 branded casinos throughout the UK,
including Park Lane Club London, Empire Casino, The Sportsman,
Rendezvous Brighton, Manchester235, Alea Nottingham and Alea
Glasgow. All tied to its industry-leading Met Card loyalty
programme, Metropolitan Gaming Group focuses on offering a great
experience to its guests through a unique combination of impeccable
service, exceptional value and operational excellence. The Group
also operates three casinos in the Middle East.
Forward-looking statement:Certain statements in
this press release may constitute “forward-looking” statements and
information, within the meaning of Section 27A of the Securities
Act of 1933, Section 21E of the Securities Exchange Act of 1934,
and the safe harbor provisions of the U.S. Private Securities
Litigation Reform Act of 1995, including but not limited to
statements, that relate to our current expectations and views of
future events. In some cases, these forward-looking statements can
be identified by words or phrases such as “may,” “will,” “expect,”
“anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,”
“potential,” “continue,” “is/are likely to” or other similar
expressions. These forward-looking statements are subject to risks,
uncertainties, and assumptions, some of which are beyond our
control. In addition, these forward-looking statements reflect our
current views with respect to future events and are not a guarantee
of future performance. Actual outcomes may differ materially from
the information contained in the forward-looking statements as a
result of a number of factors including, without limitation the
risk factors set forth in Item 3.D. “Key Information-Risk Factors”
in our annual report on Form 20-F for the year ended December 31,
2021, filed with the Securities and Exchange Commission on April
14, 2022, and other documents filed with or furnished to the SEC.
These statements reflect management’s current expectations
regarding future events and operating performance and speak only as
of the date of this press release. You should not put undue
reliance on any forward-looking statements. Although we believe
that the expectations reflected in the forward-looking statements
are reasonable, we cannot guarantee that future results, levels of
activity, performance and events and circumstances reflected in the
forward-looking statements will be achieved or will occur. Except
as required by applicable law, we undertake no obligation to update
or revise publicly any forward-looking statements, whether as a
result of new information, future events or otherwise, after the
date on which the statements are made or to reflect the occurrence
of unanticipated events.
Contacts Investor
Contact: ir@neogames.comMedia
Relations: pr@neogames.com
NeoGames (NASDAQ:NGMS)
Historical Stock Chart
From Jun 2024 to Jul 2024
NeoGames (NASDAQ:NGMS)
Historical Stock Chart
From Jul 2023 to Jul 2024