Neogames SALeading sportsbook provider extends presence in Africa by getting into Ethiopian marketLUXEMBOURG, Aug. 15, 2022 (GLOBE NEWSWIRE) — NeoGames S.A. (Nasdaq: NGMS) subsidiary BtoBet, a number one sports activities betting provider, has prolonged its presence in Africa saying a deal with Ethiopian retail and on-line model UtopBet. Through this long-term settlement BtoBet will additional strengthen its place because the main sportsbook provider in Africa, because it goes dwell for the primary time within the East African nation, as its presence now covers 28 completely different jurisdictions.UtopBet, a widely known sports activities betting operator within the nation, will present a large portfolio of wager presents referring to native and worldwide sports activities occasions, and can search to diversify its content material providing with a complete record of digital sports activities video games.Apart from its proprietary sportsbook platform, BtoBet can even be offering different sports activities betting providers, particularly associated to Risk Management.Moti Malul, NeoGames’s CEO, stated: “We are happy to additional strengthen our presence in Africa, by going dwell within the extremely aggressive Ethiopian market. UtopBet is without doubt one of the extra well-known manufacturers within the native market and I’m happy that the selection to energy their retail and on-line channels fell on our versatile options and providers. I’m assured that collectively we’ll reap glorious outcomes on the long run.”About NeoGamesNeoGames is a technology-driven innovator and a worldwide chief of iLottery and that iGaming options and providers for regulated lotteries and gaming operators. The Company presents its clients a full-service suite of options, together with proprietary expertise platforms, two devoted sport studios with an intensive portfolio of partaking video games – one in lottery and one in on line casino video games, and a spread of value-added providers. The current strategic acquisition of Aspire Global Group allows NeoGames to supply essentially the most complete portfolio throughout iLottery, an revolutionary sports activities betting platform from BtoBet, a complicated content material aggregation resolution from Pariplay, and an entire set of B2B Gaming tech and Managed Services. NeoGames stays an instrumental companion to its clients worldwide, as it really works to maximise their income potential by numerous choices, together with regulation and compliance, fee processing, danger administration, participant relationship administration, and participant worth optimization. NeoGames strives to be the long-term companion of alternative for its clients, empowering them to ship gratifying and worthwhile applications to their gamers, generate extra income, and maximize proceeds to governments and good causes.Story continuesForward-looking assertion:Certain statements on this press launch could represent “forward-looking” statements and knowledge, inside the which 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, together with however not restricted to statements, that relate to our present expectations and views of future occasions together with our expectations concerning our partnership with UtopBet. In some circumstances, these forward-looking statements will be recognized by phrases or phrases similar to “could,” “will,” “anticipate,” “anticipate,” “goal,” “estimate,” “intend,” “plan,” “imagine,” “potential,” “proceed,” “is/are more likely to” or different comparable expressions. These forward-looking statements are topic to dangers, uncertainties, and assumptions, a few of that are past our management. In addition, these forward-looking 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 forward-looking statements on account of numerous 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 12 months 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 converse solely as of the date of this press launch. You shouldn’t put undue reliance on any forward-looking statements. Although we imagine that the expectations mirrored within the forward-looking statements are cheap, we can’t assure that future outcomes, ranges of exercise, efficiency and occasions and circumstances mirrored within the forward-looking statements will likely be achieved or will happen. Except as required by relevant regulation, we undertake no obligation to replace or revise publicly any forward-looking statements, whether or not on account of new data, future occasions or in any other case, after the date on which the statements are made or to mirror the incidence of unanticipated occasions.ContactsInvestor Contact:[email protected] Relations:[email protected]
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NeoGames’ BtoBet signs deal with UtopBet
