Tag Archives: Aspire Global

Aspire Global falls out with BtoBet founders over deal rewards  

H5G

 Aspire Global has been accused of breaching business contracts by the Co-Founders of BtoBet. A legal challenge filed in the High Court of England & Wales has been brought against Aspire Global, the former Stockholm Nasdaq igaming platform and solutions provider acquired by NeoGames in 2022 for €400m.  The legal dispute, initiated by BtoBet Co-Founders Alessandro Fried (CEO) and Igor …

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Aspire adds to NeoGames arsenal ahead of Aristocrat closure

GambleAware: 90% of Q3 2022 donations came from two largest firms

NeoGames has reported positive trading during Q2 2023 with a particularly significant contribution from its Aspire Global brand portfolio, ahead of potentially major changes to its business later this year. The Luxembourg-founded company reported group-wide revenue growth of 98% from $31m to $62m and an uptick in EBITDA of 75% from $10m to $18 to its Nasdaq investors, whilst also …

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Motti Gil joins NeoGames as CFO for transformational period

Motti Gil joins NeoGames as CFO for transformational period

Motti Gil has been appointed as Chief Financial Officer (CFO) of NeoGames as the sportsbook, igaming and iLottery solutions developer prepares for integration into Aristocrat Entertainment. Succeeding Raviv Adler in the position, Gil will continue to work closely with the outgoing CFO for a seamless transition of duties. Adler will officially step down from the role on 31 July 2023, …

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NeoGames to join Aristocrat portfolio as takeover terms agreed

NeoGames to join Aristocrat portfolio as takeover terms agreed

NeoGames SA has announced that it has reached an agreement with Aristocrat Entertainment which will see the latter acquire the B2B betting and gaming solutions provider. Due to be conducted at a price of £29.50 per NeoGames share, the business combination agreement values the NASDAQ-listed company at $1.2bn, and represents a 104% premium over the volume weighted average price of …

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BtoBet gets Africa boost via PremierBet renewal

BtoBet gets Africa boost via PremierBet renewal

BtoBet has signed its first African agreement since last summer, extending its existing partnership with PremierBet in a ‘multi-year’ arrangement. The Aspire Global sportsbook brand will continue to provide its platform and tools to PremierBet under the terms of the renewed partnership. BtoBet has been a partner of the online bookmaker since 2017, having supported launches for the firm across …

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Aspire Global contributes $112m to NeoGames FY22 outlook

Aspire Global contributes $207m to NeoGames FY22 year-end outlook

NeoGames SA has highlighted the long-term value of its combination with Aspire Global, reporting strong growth across its business throughout 2022 despite a net loss due to heightened costs. Headline figures in the company’s full year and Q4 2022 trading report saw NeoGames register group-wide revenue growth of 149% from $84.5m to $210.2m, attributed by the solutions provider to the …

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Freddie Bowring to ‘complement rapid growth’ in BtoBet VP Sales role

BtoBet VP Sales

BtoBet has hired Freddie Bowring to its senior management team as Vice President of Sales, playing a key role in its growth and development strategy.  The new hire will hold responsibility for ‘core sales,’ building strategic partnerships and networking with potential customers, as the company aspires to maintain focus on recent progress.  Part of international betting and gaming B2B supplier …

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Aspire Global hit with £237k penalty in latest UKGC enforcement action

uk gambling commission (UKGC)

As the year draws to a close, the UK Gambling Commission (UKGC) has handed out another regulatory penalty, targeting Aspire Global. The £237,600 charge has been issued to AG Communications, which trades as Aspire Global, along with an official warning and additional licence conditions, for failing to operate to the Commission’s anti-money laundering standards. In the regulator’s assessment, Aspire Global …

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Aspire Global records $48.5m revenue in first quarter under NeoGames ownership

neogmaes aspire q3 nasdaq

Aspire Global has completed its first financial quarter as a subsidiary of NeoGames, recording steady revenue of $48.5m, although some hurdles were encountered. As detailed in NeoGames Q3 trading update, Aspire’s revenue for the quarter represented an 8% growth rate when measured in constant currency, but this was somewhat offset by a 16% decrease due to the impact of foreign …

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Oddin.gg gains Velo and Genting backing in £4.5m Series A raise

SBC News Oddin.gg gains Velo and Genting backing in £4.5m Series A raise

Pursuing its goal of securing a leadership position in global esports B2B betting, Oddin.gg has announced completion of a Series A funding round, raising £4.5m. The esports odds feed, risk management and iframe provider gained financial backing from current investors, as well as newcomers Velo Partners and Genting Ventures.  Oddin.gg previously raised $1.2m during a previous financing round in early …

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