{"id":4561,"date":"2023-05-16T08:58:58","date_gmt":"2023-05-16T08:58:58","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2023\/05\/16\/aristocrat-leisure-limited-to-acquire-neogames-s-a-in-a-multi-billion-dollar-deal\/"},"modified":"2023-05-16T08:58:58","modified_gmt":"2023-05-16T08:58:58","slug":"aristocrat-leisure-limited-to-acquire-neogames-s-a-in-a-multi-billion-dollar-deal","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2023\/05\/16\/aristocrat-leisure-limited-to-acquire-neogames-s-a-in-a-multi-billion-dollar-deal\/","title":{"rendered":"Aristocrat Leisure Limited to Acquire NeoGames S.A in a Multi-Billion Dollar Deal"},"content":{"rendered":"<div>\n<p>Aristocrat Leisure Limited, a renowned entertainment and content creation industry leader, has announced its acquisition of NeoGames S.A, a prominent provider of iLottery and iGaming content. The two companies have entered into a Business Combination Agreement, with NeoGames set to receive an all-cash transaction amounting to $1.2 billion, or $29.50 per share.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative mb-10\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/mirax.partners\/a5279d0cf\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n\t\t<amp-img alt=\"Mirax Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Mirax-Casino.png\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative\">\n\t\t<a href=\"https:\/\/mirax.partners\/a5279d0cf\" title=\"Mirax Casino\" target=\"_blank\" rel=\"nofollow noopener\">Mirax Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>350% or 5BTC + <strong>150 Spins!<\/strong><\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Welcome Bonus &#8211; 350% bonus on your first deposit up to 5BTC\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/mirax.partners\/a5279d0cf\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow noopener\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>NeoGames\u2019 share value has seen a significant decline of 104% in the three-month period leading up to the acquisition. The final trading day before the announcement was on May 12, 2023.<\/p>\n<h3>Recognition of Value and Strategic Opportunity<\/h3>\n<p>John E. Taylor Jr., Chairman of the Board of Directors at NeoGames, expressed satisfaction with the agreement, stating, \u201cThe NeoGames team has built a great company with a strong platform and differentiated assets, and we are pleased that Aristocrat recognizes the value we\u2019ve created as a leader across iLottery, iGaming, and online sports betting.\u201d Taylor further emphasized that the Board concluded Aristocrat\u2019s proposal offers compelling value, reinforcing the strength of NeoGames\u2019 business. 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He stated, \u201cWe are delighted that the team at Aristocrat recognizes the significance of what we have built and the strategic opportunity to combine our complementary businesses.\u201d Malul firmly believes that the transaction is an excellent outcome for NeoGames\u2019 shareholders, customers, and employees.<\/p>\n<h3>Transfer of Operations and Continued Brand Name<\/h3>\n<p>Under the agreement, Aristocrat will assume NeoGames\u2019 statutory seat, registered office, and seat of central administration, which were originally located in Luxembourg. These operations will be transferred to the Cayman Islands, where NeoGames will merge with another fully-owned Aristocrat subsidiary. 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The two companies have entered into a Business Combination Agreement, with NeoGames set to receive an all-cash transaction amounting to $1.2 billion, or $29.50 per share. 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