BtoBet‘s omni-channel betting partnership with SOJOGO, the global arm of Portuguese National Lottery Santa Casa da Misericórdia de Lisboa, has launched in Mozambique. The partnership focuses on a rollout of BtoBet’s Neuron 3 sportsbook and turnkey solution for SOJOGO in the east African country, supporting the operator’s online and retail activity. This includes the launch of a new online betting and …
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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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NeoGames has taken a major step in its 2023 international rollout, launching a sports betting and iLottery product in Brazil in partnership with Intralot de Brasil. The ‘LotoMinas’ platform has been developed for Loteria Mineira, the official lottery of the second largest Brazilian state of Minas Gerais, and marks two key milestones for the Nasdaq listed gaming tech developer. Firstly, …
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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 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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NeoGames’ BtoBet has strengthened its presence in the African betting scene, partnering with Mozambique’s SOJOGO. The ‘global arm’ of the Portuguese National Lottery Santa Casa de Lisboa, SOJOGO will leverage BtoBet’s proprietary sportsbook technology for both online and retail operations in Mozambique. SOJOGO and Santa Casa Global’s respective General Director and Executive Director, Alcinda Santiago and Francisco Pessoa e Costa, …
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Aspire Global has announced that its application to delist from the Nasdaq First North Premier Growth Market has now been approved by the Stockholm Nasdaq. On June 15, 2022, following a request from its then takeover bidder NeoGames, Aspire detailed that it had lodged an application to be omitted from trading. Under the terms of the acceptance, the last day of trading in …
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NeoGames has detailed further progress on its acquisition of Aspire Global, announcing the competition of a previously announced tender offer. The $480m transaction is now expected to finalise on 11 August 2022, with 99.31% of Aspire’s shares tendered so far. NeoGames had extended its acceptance period for Aspire shareholders to 14 June, with the expected settlement date set for the …
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Aspire Global has applied for delisting of its shares from the Nasdaq First North Premier, following a request from takeover bidder NeoGames. The decision was made by the B2B igaming solutions provider’s Board of Directors due to the latter company now controlling 98.25% of Aspire’s outstanding shares and votes. NeoGames had extended the acceptance period for its offer to the …
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Aspire Global has maintained ‘continued strong business momentum’ in the first quarter of 2022 according to CEO Tshashi Maimon, as the group prepares to move forward with its €410 million merger with NeoGames. The international B2B gambling group recorded an increase in Q1 revenues of 31.7% to €46.3 million (Q1 2021: €35.2m), along with a rise in EBITDA of 18.7 …
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