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Aristocrat Leisure Completes $1.2 Billion Acquisition of NeoGames to Enhance iGaming and iLottery Solutions

PRIVATEApr 26, 2024

Acquiring Company

Aristocrat Leisure Limited

Acquired Company

NeoGames

North RydeTel AvivGamingGamingSportsInternet

Description

Aristocrat Leisure Limited has successfully completed the $1.2 billion acquisition of NeoGames. The acquisition aims to enhance Aristocrat's competitiveness in delivering world-class gaming content across global distribution channels and provide end-to-end solutions for iGaming, iLottery, and online sports betting (OSB) operators globally.

Quick answer

Aristocrat Leisure Limited is acquiring NeoGames for $1.2 billion, announced April 26, 2024. Aristocrat Leisure Limited is based in North Ryde, New South Wales, Australia.

How much did Aristocrat Leisure Limited pay for NeoGames?
The reported deal value is $1.2 billion.
What does Aristocrat Leisure Limited do?
Aristocrat Leisure Limited (ASX: ALL) is a leading global provider of gaming solutions, licensed in 240 gaming jurisdictions and operates in 90 countries around the world.
Where are Aristocrat Leisure Limited and NeoGames based?
Aristocrat Leisure Limited is based in North Ryde, New South Wales, Australia. NeoGames is based in Tel Aviv, Tel Aviv District, Israel.

Source: Fundz verified event record.

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Company Information

Company

Aristocrat Leisure Limited

Location

North Ryde, New South Wales, Australia

About

Aristocrat Leisure Limited (ASX: ALL) is a leading global provider of gaming solutions, licensed in 240 gaming jurisdictions and operates in 90 countries around the world. The company offers a diverse range of products and services, including electronic gaming machines, casino management systems, and digital social games. Its innovative gaming content provides an engaging experience for players and has a strong presence in the land-based and digital gaming markets.

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Frequently asked

Who acquired NeoGames?

NeoGames was acquired by Aristocrat Leisure Limited, based in North Ryde. The deal was reported on April 26, 2024. Aristocrat Leisure Limited (ASX: ALL) is a leading global provider of gaming solutions, licensed in 240 gaming jurisdictions and operates in 90 countries around the world. Aristocrat Leisure Limited is privately held and operates in Gaming.

When did Aristocrat Leisure Limited acquire NeoGames?

Aristocrat Leisure Limited's acquisition of NeoGames was reported on April 26, 2024. Aristocrat Leisure Limited has successfully completed the $1.2 billion acquisition of NeoGames. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does NeoGames do?

NeoGames, formerly known as Neo Group Ltd, is a famous iGaming and iLottery provider, and a leading technology and platform supplier for online real money gaming (RMG) operations. It is privately held, operating in Gaming, and is based in Tel Aviv.

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