Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

NeoGames Extends Agreement With Czech Market Leader, SAZKA

Author: Benzinga Newsdesk | April 02, 2024 08:27am

NeoGames S.A. (NASDAQ:NGMS) ("NeoGames" or the "Company"), a technology-driven provider of end-to-end iLottery and iGaming solutions, has announced a three-year contract extension with its long-standing Czech lottery customer, SAZKA, with the agreement to remain in effect until the end of 2028. SAZKA, a part of Allwyn, is a multi-national lottery operator with leading market positions in the Czech Republic, Austria, Greece, Cyprus, Italy, the United Kingdom, and the United States (Illinois).

 

The agreement ensures that SAZKA will continue to leverage NeoGames' industry-leading iLottery and iGaming solutions, including its market-leading NeoSphere platform and a diverse portfolio of interactive games.

The contract renewal will also see SAZKA integrate content aggregation into its offering, to be supplied by NeoGames' subsidiary Pariplay, with the addition set to significantly enhance the lottery's online gaming offering.

In partnership with NeoGames, SAZKA has established itself as one of the most robust and successful online lotteries in Europe. The long-standing collaboration, which began with the lottery's 2017 launch of NeoGames' iLottery solution, has driven remarkable growth for the European leader.

The contract extension solidifies the strong partnership between the two companies, further underscoring NeoGames' commitment to providing customers in the iLottery sector with cutting-edge solutions.

Moti Malul, CEO of NeoGames, said: "We consider SAZKA one of our most important and strategic customers, so we are thrilled about this extension. SAZKA has made remarkable growth in its online lottery channels, and we are proud to manage the operator's entire digital activity, providing seamless operational support as it navigates the many regulatory changes taking place across the continent."  

Jan Horyna, Chief iGaming Officer at SAZKA, said: "We're pleased to announce the extension of our partnership with NeoGames. This collaboration isn't just about technology; it's about a mutually fruitful working relationship and about the value we're creating for our players. Together, we're redefining what online lottery can be, and we're eager to continue pushing the boundaries and set new standards as we build on the work we've undertaken throughout this longstanding partnership."

Posted In: NGMS

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist