NeoGames Announces Landmark Ag – GuruFocus.com

LUXEMBOURG, June 28, 2022 (GLOBE NEWSWIRE) — NeoGames S.A., ( NGMS) (“NeoGames” or the “Company”), a know-how-pushed supplier of finish-to-finish iLottery and that iGaming options, immediately introduced a multi-yr turnkey venture with Intralot do Brasil, the lottery operator for over a decade for Loteria Mineira, the official lottery in Brasil’s second largest state, Minas Gerais. The settlement with Intralot do Brasil, owned by SAGA Business Intelligence, after buying the native firm and operations in 2021 from Intralot S.A, marks NeoGames’ entry into the Brazilian market with an finish-to-finish answer of iLottery and on-line Sports Betting. The settlement is the Company’s first cooperation with BtoBet, its lately acquired Sports Betting answer as a part of Aspire Global. The complete digital answer is predicted to construct on the present, profitable retail lottery and digital keno program within the state. NeoGames will present Intralot do Brasil with its trade main NeoSphere platform, a wide range of highly effective eInstant video games from the NeoGames Studio tailor-made to the native market, and a variety of providers. The answer can even embrace an entire on-line Sports Betting answer and providers from Aspire Global’s BtoBet, personalized for the Brazilian market. “Working with the skilled group at Intralot do Brasil, we’re actually excited to help the targets of Loteria Mineira. By delivering our trade main platform, complete participant-centered providers, and market-confirmed video games, in addition to leveraging our superior on-line sports activities betting options BtoBet, we’re starting to exhibit one of many key strategic advantages for our latest acquisition of Aspire Global. By early subsequent yr, we’ll present on-line lottery and sports activities betting gamers in Minas Gerais with an distinctive on-line gaming expertise. We hope to function a powerful accomplice to Intralot do Brasil in serving to them obtain continued success in Minas Gerais, whereas concurrently supporting our close to and lengthy-time period targets in Brazil and all through Latin America.” – NeoGames CEO, Moti Malul “As a frontrunner within the Brazilian Lottery market, we’re delighted to affix forces with NeoGames in a partnership that’s meant to supply our gamers with a complete digital program that may broaden and improve our content material and providers choices in Minas Gerais to new and thrilling areas, equivalent to on-line instantaneous video games and on-line sports activities betting. The new modalities and investments in know-how are additionally a part of the growth plan for brand spanking new states and federal licenses. NeoGames is among the most skilled and progressive iLottery suppliers out there and we’re assured that this partnership will drive our lottery ahead.” – Saga Consultoria and Intralot do Brasil CEO & Owner, Sérgio Alvarenga About NeoGames NeoGames is a know-how-pushed innovator and a worldwide chief of iLottery and that iGaming options and providers for regulated lotteries and gaming operators. The Company presents its prospects a full-service suite of options, together with proprietary know-how platforms, two devoted recreation studios with an in depth portfolio of partaking video games – one in lottery and one in on line casino video games, and a spread of worth-added providers. The latest strategic acquisition of Aspire Global Group permits NeoGames to supply probably the most complete portfolio throughout iLottery, an progressive sports activities betting platform from BtoBet, a complicated content material aggregation answer from PariPlay, and an entire set of B2B Gaming tech and Managed Services. NeoGames stay an instrumental accomplice to our prospects worldwide, as we work to maximise their income potential by way of numerous choices, together with regulation and compliance, fee processing, danger administration, participant relationship administration, and participant worth optimization. NeoGames strives to be the lengthy-time period accomplice of selection for its prospects, empowering them to ship pleasant and worthwhile applications to their gamers, generate extra income, and maximize proceeds to governments and good causes. About SAGA Business IntelligenceSAGA was based in 2007 with a deal with the visitors know-how, transportation and lottery enterprise in Brazil. In 2010, it developed its first official lottery operation in partnership with Intralot S.A., successful the concession within the State of Minas Gerais to function on-line/actual-time video games. Thus, for greater than 12 years, working a community of roughly 3,000 terminals and hundreds of shoppers in bodily and on-line channels, the corporate has developed logistical, monetary, business and operational know-how out there, positioning itself as probably the most profitable operation within the nation. It additionally stands out for its efficiency, with revenues exceeding BRL 1.2 billion. In 2020, it acquired the shares of Intralot S.A. within the firm and have become the proprietor of Intralot do Brasil. In the identical yr, it launched its flagship recreation, Keno Minas, on the net channel with its personal recreation and fee system. Forward-looking Statements Certain statements on this press launch could represent “ahead-wanting” statements and data, throughout the that means of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the secure harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 that relate to our present expectations and views of future occasions together with our expectations concerning our partnership with the Intralot do Brasil. In some circumstances, these ahead-wanting statements may be recognized by phrases or phrases equivalent to “could,” “will,” “anticipate,” “anticipate,” “purpose,” “estimate,” “intend,” “plan,” “consider,” “potential,” “proceed,” “is/are more likely to” or different comparable expressions. These ahead-wanting statements are topic to dangers, uncertainties and assumptions, a few of that are past our management. In addition, these ahead-wanting statements mirror our present views with respect to future occasions and should not a assure of future efficiency. Actual outcomes could differ materially from the data contained within the ahead-wanting statements on account of quite a few components together with, with out limitation the danger components set forth in Item 3.D. “Key Information-Risk Factors” in our annual report on Form 20-F for the yr ended December 31, 2021, filed with the Securities and Exchange Commission on April 14, 2022, and different paperwork filed with or furnished to the SEC. These statements mirror administration’s present expectations concerning future occasions and working efficiency and communicate solely as of the date of this press launch. You shouldn’t put undue reliance on any ahead-wanting statements. Although we consider that the expectations mirrored within the ahead-wanting statements are affordable, we can’t assure that future outcomes, ranges of exercise, efficiency and occasions and circumstances mirrored within the ahead-wanting statements might be achieved or will happen. Except as required by relevant regulation, we undertake no obligation to replace or revise publicly any ahead-wanting statements, whether or not on account of new info, future occasions or in any other case, after the date on which the statements are made or to mirror the prevalence of unanticipated occasions. Contacts Investor Contact: [email protected] Media Relations: [email protected]

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