NeoGames’ BtoBet Marks North American Market Entry with PlayAlberta Sportsbook Agreement
August 10 2023 - 4:15PM
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 BtoBet, a sports
betting provider, has entered into a long-term sportsbook
partnership with Alberta Gaming, Liquor & Cannabis (AGLC and
PlayAlberta.ca), the only legal online gambling website for the
Canadian province of Alberta. This agreement also marks BtoBet’s
entry into the North American market.
This partnership follows the agreement that AGLC already has in
place with NeoPollard Interactive to build and maintain
PlayAlberta’s gambling platform.
Through this agreement BtoBet will assist in the growth and
improvement of PlayAlberta’s online sportsbook, providing its fully
managed sportsbook solution, ensuring unparalleled online sports
betting entertainment for PlayAlberta's players. PlayAlberta plans
to complete its online sportsbook migration to BtoBet’s
cutting-edge sportsbook technology during Q3 2023.
BtoBet’s quick integration, compliant technology, and
speed-to-market capabilities will enable the partnership to expand
rapidly.
Tsachi Maimon, President and Head of iGaming
at NeoGames said: "We are delighted to enter into
this long-term partnership with PlayAlberta, allowing us to enhance
and expand their sports betting platform and services. As a proven
leader in sportsbook provision, BtoBet is confident that this
collaboration with PlayAlberta will provide their players with the
optimal betting entertainment they demand – be it a strong offering
related to hockey, player props, or same game parlays. We are
excited to usher in the next generation of betting experiences
through localised betting offers, including offers for the Canadian
Football League, the Premier Lacrosse League, and unique special
bets for a variety of sports focused on Canadian athletes.”
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.
Forward-looking Statements
This press release contains forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. The Company intends such forward-looking
statements to be covered by the safe harbor provisions for
forward-looking statements contained in Section 27A of the
Securities Act of 1933, as amended (the “Securities Act”) and
Section 21E of the Securities Exchange Act of 1934, as amended
(the “Exchange Act”). Such statements are based upon current plans,
estimates and expectations of management that are subject to
various risks and uncertainties that could cause actual results to
differ materially from such statements. The inclusion of
forward-looking statements should not be regarded as a
representation that such plans, estimates and expectations will be
achieved. Words such as “anticipate,” “expect,” “project,”
“intend,” “believe,” “may,” “will,” “should,” “plan,” “could,”
“may,” “continue,” “target,” “contemplate,” “estimate,” “forecast,”
“guidance,” “predict,” “possible,” “potential,” “pursue,” “likely,”
and similar expressions are intended to identify forward-looking
statements, though not all forward-looking statements use these
words or expressions. All statements, other than statements of
historical fact, including statements regarding BtoBet providing
PlayAlberta’s online sportsbook, are forward-looking
statements.
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,
2022, filed with the Securities and Exchange Commission on April
28, 2023, 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.
ContactsInvestor
Contact:ir@neogames.comMedia
Relations:pr@neogames.com
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