Successful launch of NeoGames’ eInstant game suite with Lottomatica further expands the company’s presence in the Italian lottery market
LUXEMBOURG, Oct. 18, 2021 (GLOBE NEWSWIRE) – NeoGames SA, (Nasdaq: NGMS) (“NeoGames” or the “Company”), one of the world’s leading suppliers of iLottery, announces the launch of a multi-year agreement featuring and award-winning content on Lottomatica’s game Lottomatica to power its popular platforms.
The deal brings Neogames’ successful portfolio of games to the Italian market for Lottomatica, with popular titles such as Queen of Diamonds, VIP Platinum, Northern Wilds and Blackjack Doubler. The high-performance suite of games is expected to enhance the overall gaming experience that Lottomatica provides to its players and drive the growth of its soft gaming strategy.
“As a leader in the gaming industry in Italy, Lottomatica is delighted to partner with NeoGames. We welcome the addition of NeoGames’ quality portfolio of diverse and innovative games and the opportunity to bring even more diverse and exciting entertainment options to our online gamers, ”said Alessandro Allara, Chief Digital Officer , Lottomatica.
“We are delighted to provide Lottomatica with full access to our premium games portfolio. Lottomatica is an important partner in our growing customer base in Europe, becoming the seventh European lottery to use content provided by NeoGames. We hope that the addition of our wide range of games proven to the market in Italy will provide Lottomatica players with an enhanced gaming experience and help them reach new audiences, ”said Moti Malul, CEO of NeoGames.
NeoGames is a technology-driven innovator and global leader in iLottery solutions for national and state-regulated lotteries. NeoGames’ full-service solution combines proprietary technology platforms with the experience and expertise required for successful iLottery operations. NeoGames’ pioneering game studio includes an extensive portfolio of engaging online lottery games that provide an entertaining player experience. A partner of lottery providers around the world, the company works with its customers to maximize their success, offering a complete solution that enables national and national lotteries to deliver enjoyable and profitable iLottery programs to their players, generate more iLottery revenue and direct the profits to good causes. .
Lottomatica SpA is the first group in the games market authorized by the Customs and Monopoly Agency in Italy and one of the main players in Europe. It is active in three product areas: sports betting, online games, amusement and entertainment machines (AWP and VLT). Lottomatica can count on the expertise of more than 16,000 people, including direct employees and employees of the specialized franchise network.
With approximately € 1.6 billion in revenue and € 22 billion in managed betting in 2019 on an aggregate basis, Lottomatica is the market leader in all segments of operations and delivers safe and engaging gaming experiences on all sales channels. Lottomatica has a customer base of around 800,000 online customers, a franchise network of around 3,000 sports betting outlets, 1,400 gambling halls, 13,600 tobacconists / bars and a proprietary network of approximately 120 gambling halls. games.
Certain statements contained 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 US Private Securities Litigation Reform Act of 1995 which relate to our current expectations and opinions about future events. Statements relating to our expectations regarding the benefits and advantages of our partnership with Lottomatica are forward-looking statements. In some cases, these forward-looking statements may be identified by words or expressions 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 regarding future events and are not guarantees of future performance. Actual results may differ materially from information contained in forward-looking statements due to a number of factors, including, without limitation, the risk factors set forth in our final prospectus on Form 424B4 dated September 13, 2021 and filed with the Securities and Exchange Commission (the “SEC”) on September 15, 2021 and other documents filed or provided to the SEC.
These statements reflect management’s current expectations regarding future events and operational performance and speak only as of the date of this press release. You should not place undue reliance on 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 the events and circumstances reflected in the forward-looking statements will be achieved or will occur. Except as required by applicable law, we do not undertake to update or revise any forward-looking statements publicly, 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 unforeseen events.