NeoGames S.A. (Nasdaq: NGMS) (“NeoGames” or the “Company”), a
technology-driven provider of end-to-end iLottery and iGaming
solutions, is set to significantly widen its European reach, after
agreeing to a four-year deal with the Lotteries Entertainment
Innovation Alliance AS (LEIA), which will see its content supplied
in all the lotteries in Scandinavia, as well as in France.
LEIA members, Denmark’s Danske Spil, Finland’s Veikkaus,
France’s Française des Jeux, Norway’s Norsk Tipping, and Sweden’s
Svenska Spel, are the latest lotteries in Europe set to integrate
NeoGames Studio’s vast portfolio of content, with the studio
already supplying its award-winning content to ten lotteries across
the continent.
NeoGames Studio is the Company’s in-house games studio and holds
over seventeen years of proven experience in supplying an ongoing
stream of market-leading eInstant titles to lotteries, with over
250 games having been developed over the years. The studio’s
innovative games have won in multiple industry awards, including,
for Queen of Diamonds and most recently, for Desert Fantasy, which
won in the fiercely competitive category of Best New Game in the
EGR North America Awards 2023.
NeoGames was selected by LEIA following a competitive RFP
process, demonstrating the company’s superior product offering and
its expertise in delivering engaging content to lotteries
worldwide.
Established in 2018, LEIA is a joint venture by the lotteries
Française des Jeux, Danske Spil, Norsk Tipping, Veikkaus and
Svenska Spel. Preserving the same values, the lotteries work
together to share resources to build a wider and more efficient
digital gaming offering that fosters innovation.
Hili Shakked, Managing Director of NeoGames
Studio, said: “We are excited to announce our expansion
across Europe through this partnership with LEIA. Its mission to
help lotteries reach new customers with innovative games, and
supply content that meets the audience’s expectations certainly
resonates with NeoGames.
“I am confident that our range of premium games will enhance the
content offering of the five individual lotteries, supporting their
growth within the industry, and providing players with the best
gaming experiences.”
Morten Eriksen, CEO of LEIA, said: “A big part
of LEIA’s purpose is to enrich the lotteries’ product offerings by
providing a larger catalogue of attractive games and development of
new innovative content. This agreement with NeoGames reinforces
that commitment. NeoGames is one of the leading providers within
the industry, and we are sure that the individual lotteries will
benefit greatly from their engaging portfolio of games.”
About NeoGamesNeoGames 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 the four-year deal
with the Lotteries Entertainment Innovation Alliance (LEIA), 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.
Contacts Investor
Contact: ir@neogames.comMedia Relations:pr@neogames.com
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