{"id":5254,"date":"2023-07-19T10:46:32","date_gmt":"2023-07-19T10:46:32","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2023\/07\/19\/neogames-shareholders-overwhelmingly-approve-aristocrat-merger-deal\/"},"modified":"2023-07-19T10:46:32","modified_gmt":"2023-07-19T10:46:32","slug":"neogames-shareholders-overwhelmingly-approve-aristocrat-merger-deal","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2023\/07\/19\/neogames-shareholders-overwhelmingly-approve-aristocrat-merger-deal\/","title":{"rendered":"NeoGames Shareholders Overwhelmingly Approve Aristocrat Merger Deal"},"content":{"rendered":"<div>\n<p>NeoGames shareholders overwhelmingly supported the proposed merger transaction with gambling behemoth Aristocrat. The merger, which was announced in May, is expected to open up new potential for both companies as they join forces to offer a full portfolio of iGaming, iLottery, and online sports betting solutions.<\/p>\n<p>NeoGames, one of the major independent software producers for slot machines, reached a watershed moment when 86% of its outstanding shares voted, with more than 99% in favor of the proposed merger. 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Exclusive 177% Welcome Bonus  + 77 Free Spins in Aztec Magic Deluxe\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:\/\/7bit.partners\/p617d974b\" 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>The merger deal, on the other hand, is contingent on a second important shareholder vote, which requires at least 66.7% approval. If this legislation is approved, NeoGames will merge with an Aristocrat company, with NeoGames emerging as the surviving corporation and becoming an Aristocrat subsidiary.<\/p>\n<p>Aristocrat agreed to buy out all of NeoGames for $1.20 billion (\u00a3921.2 million\/\u20ac1.07 billion) in a strategic move to boost its online gaming business. The transaction was unanimously approved by NeoGames\u2019 board, demonstrating the company\u2019s understanding of the value it delivers as a leader in the iLottery, iGaming, and online sports betting sectors.<\/p>\n<p>The proposed merger has sparked interest and enthusiasm, with Aristocrat\u2019s CEO and Managing Director, Trevor Croker, confirming the \u201cgreat opportunities\u201d that await both companies. 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The transaction is ideally aligned with Aristocrat\u2019s growth strategy, which is centered on creating long-term value for its stockholders.<\/p>\n<p>Aristocrat\u2019s combination with NeoGames represents an important milestone in the company\u2019s ambition of expediting online gaming initiatives through smart mergers and acquisitions. Aristocrat successfully purchased Roxor Gaming, launching a new digital subsidiary called Anaxi that combines Roxor and Pixel United, its mobile publishing arm, after earlier attempting to acquire Playtech.<\/p>\n<p>NeoGames Chairman John E Taylor Jr. praised the acquisition deal, saying it provides compelling value to NeoGames stockholders. Taylor expressed satisfaction with Aristocrat\u2019s acknowledgement of the value NeoGames has established as a leader in these domains, citing NeoGames\u2019 robust platform and differentiated assets spanning iLottery, iGaming, and online sports betting.<\/p>\n<p>Tsachi Maimon, President of NeoGames, emphasized the deal\u2019s mutual benefit. Maimon stressed that NeoGames would become an intrinsic component of Aristocrat\u2019s framework, allowing both firms to provide each other their greatest assets. 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The future appears bright with the combined strength of NeoGames and Aristocrat as they embark on an exciting journey in the ever-changing world of online gaming. The collaboration is destined to reshape the landscape and elevate the bar for the iGaming sector, creating a lasting impression on both players and stockholders.<\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/igaming.org\/casino-news\/neogames-shareholders-overwhelmingly-approve-aristocrat-merger-deal\/\">NeoGames Shareholders Overwhelmingly Approve Aristocrat Merger Deal<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>NeoGames shareholders overwhelmingly supported the proposed merger transaction with gambling behemoth Aristocrat. The merger, which was announced in May, is expected to open up new potential for both companies as they join forces to offer a full portfolio of iGaming, iLottery, and online sports betting solutions. NeoGames, one of the major independent software producers for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-5254","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/5254","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=5254"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/5254\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=5254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=5254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=5254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}