WLA NeoGames announces third quarter 2023 results
NeoGames announces third quarter 2023 results
Luxembourg, November 9, 2023: Neogames S. A. (NASDAQ: NGMS) ("Neogames" or the "Company"), a technology provider of complex solutions for Ilotty and Igaming, announced its financial results for the third quarter ended September 30, 2023. MOTI MALUL: Neogames CEO said, "We are pleased with the progress we made in the third quarter towards achieving our strategic objectives as we continue our efforts to complete our merger with Aristocrat. Our Ilotty business continues to capture markets and grow. We recently announced that our joint venture, Neopollard Interactive, has expanded our presence in the US with an order to offer the full Ilotty program in West Virginia. Additionally, we are working with the North Carolina Lottery to prepare to expand our Ilotty program and have recently received permission to launch e-instant games. Pariplay's extensive collaboration with aggregators, such as the OPAP transaction in Greece for the launch of Neogames' games and Rush Street Interactive in Pennsylvania for igaming content, further strengthens our market presence. We have also signed 10 new operators, including leading operators Hard Rock and Fortuna Entertainment Group. Btobet has signed with AGLC With our entry into the North American online sports dealing market through our partnership with, we believe that all prerequisites are in place for further expansion. Although the results of Aspire Core were delayed due to changes in the UK legislation and operational changes in Germany, we expect further expansion of the online sports dealing market with Btobet.
We are grateful for the continued great support we receive from our customers and business partners amid the worrying conflict in Israel and the Middle East. As we have stated previously, our business is unaffected and we are operating as usual.
"We will continue the approval of free time until the end of the merger with nobles and the approval of the quarterly assistance regulatory authorities necessary to complete the transaction. We are still waiting, the conspiracy is actually 2024. Completed in one half of the cash year, "Malul said. "During that period, we are still focusing on improving the history of Igaming, introducing a probability opening, and fulfilling our strategic obligations for the benefit of all stakeholders. I am.
{space}
Third Quarter 2023 Financial Highlights
- {space}
Recent Business Highlights
- At the time of the release, recent attacks on the Hamas terrorist organization and further war posters in the Israeli government do not believe they will have a significant impact on their current work in Israel. The company has performed regular business as before in all its own companies in Israel, ensuring the protection and prosperity of our employees. The company will continue to comply with its current tasks if it is necessary to make adjustments to ensure business continuity. < SPAN> "We will continue to approve the free time until the end of the merger with the nobles and the approval of the quarterly support regulatory authorities necessary to complete the transaction. We are still waiting, in fact conspiracy. "Malul said," Malul said. "During that period, we are still focusing on improving the history of Igaming, introducing a probability opening, and fulfilling our strategic obligations for the benefit of all stakeholders. I am.
Update on Operations
{space}
Aristocrat Transaction
In the third quarter of 2023, the total profits of the NPI were $ 63 million, in the third quarter of 2022, $ 73 million. These numbers are the third quarter of the third quarter of the third quarter of the third quarter of 2022, created on a gros s-based criteria for part of the aspire core contract that came into effect on January 1, 2023. For comparison, most of the aspire core profits in the third quarter of 2023 are indicated on a no n-description base. If the profits from Igaming are recorded on aspire core glos s-based, the company's total profits and sales from the NPI will be $ 81. 7 million, an increase in the amount of money, up 11. 5 % yea r-o n-year. In addition to the newly paid standards, this year's achievements have shown a continuous increase in Iroti, games, and sports instructions, but the deceleration of aspire profits due to the revision of England in Germany. It has been partly offset by a temporary suspension of work.
Conference Call / Webcast & Guidance
{space}
About NeoGames
Our joint venture, NPI, will carry out an Irotti program in a "turn key" at a lottery counter in Western Virginia.
At the time of the release, recent attacks on the Hamas terrorist organization and further war posters in the Israeli government do not believe they will have a significant impact on their current work in Israel. The company has performed regular business as before in all its own companies in Israel, ensuring the protection and prosperity of our employees. The company will continue to comply with its current tasks if it is necessary to make adjustments to ensure business continuity. "We will continue the approval of free time until the end of the merger with nobles and the approval of the quarterly assistance regulatory authorities necessary to complete the transaction. We are still waiting, the conspiracy is actually 2024. Completed in one half of the cash year, "Malul said. "During that period, we are still focusing on improving the history of Igaming, introducing a probability opening, and fulfilling our strategic obligations for the benefit of all stakeholders. I am.
Cautionary Statement Regarding Forward-looking Statements
{space}
Non-IFRS Financial Measures and Key Performance Indicators
In the third quarter of 2023, the total profits of the NPI were $ 63 million, in the third quarter of 2022, $ 73 million. These numbers are the third quarter of the third quarter of the third quarter of the third quarter of 2022, created on a gros s-based criteria for part of the aspire core contract that came into effect on January 1, 2023. For comparison, most of the aspire core profits in the third quarter of 2023 are indicated on a no n-description base. If the profits from Igaming are recorded on aspire core glos s-based, the company's total profits and sales from the NPI will be $ 81. 7 million, an increase in the amount of money, up 11. 5 % yea r-o n-year. In addition to the newly paid standards, this year's achievements have shown a continuous increase in Iroti, games, and sports instructions, but the deceleration of aspire profits due to the revision of England in Germany. It has been partly offset by a temporary suspension of work.
{space}
Our joint venture, NPI, will carry out an Irotti program in a "turn key" at a lottery counter in Western Virginia.
At the time of the release, recent attacks on the Hamas terrorist organization and further war posters in the Israeli government do not believe they will have a significant impact on their current work in Israel. The company has performed regular business as before in all its own companies in Israel, ensuring the protection and prosperity of our employees. The company will continue to comply with its current tasks if it is necessary to make adjustments to ensure business continuity.
Got another minute? Check out:
On May 15, 2023, the company was indirectly from ARISTOCRAT LEISURE LIMITED (hereinafter "ARISTOCRAT") and ANAXI Investments Limited. 100 % owned as Erger Sube) It has a final business alliance (hereinafter referred to as "agreement") with) and will be acquired by AristOcrat at $ 29, 50. Under the conditions of the contract, the company has continued (((( In the shor t-term term of the "continuation"), the NEOGAMES shareholder is legally associated with an indirect subsidiary ("filling"). The second voting of NEOGAMES shareholders on the merger of the agency was confirmed in the first half of the year 2024 in the first half of the year 2024, on the condition that the authorities entered a specific permission from the authorities. Neo Games is within 61 % of Promise. Neo Games does not provide Neo Games relating to the announcement of performance data in the third quarter of 2023 or provide quantitative financial monitoring. < SPAN> On May 15, 2023, the company indirectly at ARISTOCRAT Leisure Limited (ARISTOCRAT) and Anaxi Investments Limited. As a subsidiary (MERGER SUBE) It has a final business alliance (hereinafter referred to as "agreement") with) with 100 %, and AristOcrat will be acquired as part of a complete currency trading for $ 29, 50. Under the conditions of the contract, the company has continued (((( In the shor t-term term of the "continuation"), the NEOGAMES shareholder is legally associated with an indirect subsidiary ("filling"). The second voting of NEOGAMES shareholders on the merger of the agency was confirmed in the first half of the year 2024 in the first half of the year 2024, on the condition that the authorities entered a specific permission from the authorities. Neo Games is within 61 % of Promise.Neo Games does not provide Neo Games in relation to the announcement of performance data in the third quarter of 2023 or provide quantitative monkey monitoring. On May 15, 2023, the company was indirectly from ARISTOCRAT LEISURE LIMITED (hereinafter "ARISTOCRAT") and ANAXI Investments Limited. 100 % owned as Erger Sube) It has a final business alliance (hereinafter referred to as "agreement") with) and will be acquired by AristOcrat at $ 29, 50. Under the conditions of the contract, the company has continued (((( In the shor t-term term of the "continuation"), the NEOGAMES shareholder is legally associated with an indirect subsidiary ("filling"). The second voting of NEOGAMES shareholders on the merger, which is a proof of the merger, was to continue in the first half of the year 2024 in the first half of the year of cash, on the condition that the authorities have obtained a specific permission from the authorities. Neo Games is within 61 % of Promise.
Neo Games does not provide Neo Games in relation to the announcement of performance data in the third quarter of 2023 or provide quantitative monkey monitoring. NEOGAMES is a technical innovator and the world's most popular company in the ILotary and I-Gaming solutions for regulatory lotteries and game operators. The company provides customers with a full range of personal technology platforms, two dedicated game studios with a wide portfolio of lottery games and casino games, and solutions, including additional services. As a comprehensive conclusions of ILottery and Igaming, Neogames is a comprehensive Ilottery portfolio, innovative sports betting platform, pioneering content grigment. We welcome the eat. NEOGAMES is essential for customers around the world to maximize the possibilities of customer revenue through various services support, such as compliance, payment processing, risk management, relationship management with players, optimization of player prices, etc. Continue to be a partner. NEOGAMES aims to be a lon g-term partner for customers, provides attractive and profitable programs to players, generates more profits, and maximizes profits to governments and charites. I'll do it.Inquiries < SPAN> Neogames are the world's most popular companies in the ILotary and I Gaming Solutions for lotteries and game operators to be regulated. The company provides customers with a full range of personal technology platforms, two dedicated game studios with a wide portfolio of lottery games and casino games, and solutions, including additional services. As a comprehensive conclusions of ILottery and Igaming, Neogames is a comprehensive Ilottery portfolio, innovative sports betting platform, pioneering content grigment. We welcome the eat. NEOGAMES is essential for customers around the world to maximize the possibilities of customer revenue through various services support, such as compliance, payment processing, risk management, relationship management with players, optimization of player prices, etc. Continue to be a partner. NEOGAMES aims to be a lon g-term partner for customers, provides attractive and profitable programs to players, generates more profits, and maximizes profits to governments and charites. I'll do it.