Aristocrat Leisure Acquires Neo Group for $1.2 Billion

Neogames Sa (NGMS) has released an update.

Neo Group Ltd., formerly NeoGames S.A., has been acquired by Aristocrat Leisure Limited at $29.50 per share, valuing the company at approximately $1.2 billion. The acquisition is expected to bolster Aristocrat’s presence in the iLottery and iGaming sectors, with Neo’s CEO expressing confidence in the deal’s benefits for stakeholders. Neo, a leader in iLottery solutions, aims to enhance revenue and offerings for its customers through its comprehensive suite of services and recent strategic acquisitions.

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