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Others

NeoGames and Aristocrat secured the necessary regulatory approvals for their proposed acquisition

Friday 19 de April 2024 / 12:00

2 minutos de lectura

(Luxembourg).- NeoGames S.A,  a technology-driven provider of end-to-end iGaming and iLottery solutions, confirmed that all necessary regulatory approvals required for the completion of the business combination with Aristocrat Leisure Limited have been received or waived.

NeoGames and Aristocrat secured the necessary regulatory approvals for their proposed acquisition

In addition, all antitrust and foreign investment regulatory clearances have been received. This marks a further step towards completion of the Acquisition, before the final NeoGames shareholder vote.

NeoGames and Aristocrat are continuing to work together to progress the remaining steps required to complete the Acquisition. The final shareholder meeting of NeoGames to vote on the Acquisition is scheduled to be held on or about April 25, 2024, with completion of the Acquisition expected to occur on or about April 25, 2024.

Based in Luxembourg and specialized in iGaming and iLottery solutions (online games of chance and lottery), NeoGames will become a private company following the completion of the purchase.

Strengthening the online market

The purchase of NeoGames by Aristocrat represents a strategic move for the Australian company, which seeks to consolidate its presence in the growing online gambling market. NeoGames brings its experience and technology in the iGaming and iLottery sector, which will allow Aristocrat to expand its offer and reach new audience segments.

To follow closely

It is recommended to pay attention to the NeoGames shareholder meeting, where the final approval of the acquisition will be voted on. If approved, the purchase will be completed in the coming days, marking a significant change in the outlook for the company.
 

Categoría:Others

Tags: Aristocrat, NeoGames,

País: Luxembourg

Región: EMEA

Event

GAT EXPO CARTAGENA DE INDIAS 2024

09 de April 2024

Gaming Overview in Peru at GAT Expo: challenges and opportunities in times of change

(Cartagena de Indias, SoloAzar Exclusive) - "Gaming market in Peru, physical casinos and the impact of online gaming regulation" was the main topic of the Peru Panel, during the Conferences organised at the GAT EXPO, held in Colombia, on 9, 10 and 11 April. In this session, experts in regulation, operations and compliance explored the trajectory of the gaming industry in that country, analysing its transformation over time.

Thursday 02 May 2024 / 12:00

AI: The new ace in the hole for the games of chance industry

(Cartagena, Exclusive SoloAzar).- One of the conferences held within the recent GAT EXPO, brings to the table a topic that is on everyone's lips: Artificial Intelligence (AI). This year, the panel entitled “Artificial Intelligence in the Entertainment Industry” was held with the presence of prominent experts from Latin America.

Tuesday 30 Apr 2024 / 12:00

Why to invest in Paraguay?

(Cartagena de Indias, Exclusive SoloAzar) - During the conferences organised at the GAT EXPO 2024 fair, Dr. Carlos Augusto Liseras Osorio, president of the National Gaming Commission, (CONAJZAR, in its original) asked this tacit question, to highlight the advantages and benefits of investing in the Republic of Paraguay, and also notifying the audience about the upcoming tenders for 7 land-based casinos in that country.

Monday 29 Apr 2024 / 12:00

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