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NeoGames Announces Second Quarter 2021 Results

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NeoGames S.A., a technology-driven provider of end-to-end iLottery solutions, announced it’s financial results for the second quarter ended June 30, 2021.

Moti Malul, Chief Executive Officer of NeoGames, said: “We are increasingly encouraged by the performance and development of the various markets and customers we support, notwithstanding expected seasonal impacts during the quarter. In particular, this quarter has seen continued strong growth in Alberta, where new gaming verticals were added, as well as further expansion of our games content into new markets and customers with contracts in Ukraine and Italy, which prove the market leading position of our offering.”

“Our substantial growth and strong performance over the past year gives us confidence that we are well positioned to maintain our position as the premier innovator and provider of iLottery solutions to the global lottery industry. As we continue to prove the effectiveness of our offering in engaging and maintaining players as well as enabling state and local governments to generate more revenue they can deploy for public benefit. We are proud and honored that our achievements are recognized by the industry, demonstrated by our recent win of the EGR B2B Awards as the Best Lottery Supplier for 2021. We are confident that we will continue to be the first choice for both full-service offerings and content relationships as additional jurisdictions see the value iLottery can offer.”

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Second Quarter 2021 Financial Highlights

  • Revenues were $12.9 million during the second quarter of 2021, compared to $13.0 million during the second quarter of 2020, representing a decrease of 0.6% year-over-year. In addition, the Company’s share of NPI revenues was $8.5 million during the second quarter of 2021, compared to $1.6 million during the second quarter of 2020, representing an increase of 434% year-over-year. The total of revenues and the Company’s share of NPI’s revenues was $21.4 million during the second quarter of 2021 compared to $14.6 million during the second quarter of 2020, representing an increase of 47.0% year-over-year.
  • Comprehensive income was $2.8 million, or $0.11 per share, during the second quarter of 2021, compared to comprehensive income of $2.4 million, or $0.11 per share, during the second quarter of 2020.
  • Adjusted EBITDA was $8.3 million during the second quarter of 2021, compared to an Adjusted EBITDA of $7.8 million during the second quarter of 2020, representing an increase of 6.6% year-over-year.1
  • Network NGR was $187 million during the second quarter of 2021, compared to $112 million during the second quarter of 2020, representing an increase of 67.2% year-over-year.1

__________________
1 Adjusted figures represent non-IFRS information. See “Non-IFRS Financial Measures” and the tables at the end of this release for an explanation of the adjustments and reconciliations to the comparable IFRS numbers.

Second Quarter 2021 Business Highlights

  • Performance in Alberta has continued to exceed expectations during the province’s third live quarter. A successful launch of draw games and growth in existing and new players continue to drive the customer.
  • Signed contract with Lottomatica in Italy to provide its successful eInstant games portfolio.
  • Subsequent to quarter-end, signed contract to enter the Ukrainian market through a deal with Ukrainian National Lottery UNL, illustrating the international appeal of our content.
  • Chosen as the 2021 EGR B2B Award winner for Best Lottery Supplier.
  • Appointed Christopher G. Shaban, a senior lottery industry professional, as EVP Sales, Marketing and Customer Development.
  • Subsequent to quarter end, launched Multi-Game progressive jackpot for eInstants.

Guidance

The Company is raising its fiscal year 2021 Revenue and Share in NPI Revenues Interest Guidance to between $75 million and $79 million, compared to the prior range of between $73 million and $77 million.

Conference Call & Webcast Details

NeoGames will host a live conference call and audio webcast on Thursday, August 12, 2021 at 8:30 a.m. Eastern Time, during which management will discuss the Company’s second quarter results and provide commentary on business performance. A question and answer session will follow the prepared remarks.

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The conference call may be accessed by dialing (833) 301-1152 for U.S. domestic callers or (914) 987-7393 for international callers. Once connected with the operator, please provide the conference ID of 8593557.

A live audio webcast of the earnings conference call may be accessed on the Company’s website at ir.neogames.com. The replay of the audio webcast and accompanying presentation will be available on the Company’s investor relations website shortly after the call.

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Gambling in the USA

Gaming Americas Weekly Roundup – August 11-17

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Welcome to our weekly roundup of American gambling news again! Here, we are going through the weekly highlights of the American gambling industry which include the latest news and new partnerships. Read on and get updated.

Latest News

AU10TIX announced the launch of a free Child Safety Age Assurance Risk and Readiness Assessment and Age Assurance Readiness Guide designed to help businesses better understand their risk and tailor their strategy to meet regulatory obligations. They support AU10TIX’s Selfie-based Age Estimation service, which delivers the industry’s most precise and unbiased age assessment in just two seconds. In the US, federal legislation such as the Children’s Online Privacy Protection Act (COPPA) requires parental consent for users under 13, while the California Consumer Privacy Act mandates age verification for websites accessed by users under 16. Additionally, 19 U.S. states now enforce mandatory age checks for adult content and gambling platforms. Similar regulations are impacting social media and online services in the UK, EU and Australia.

Caesars Entertainment has launched its third fully in-house developed proprietary online casino title: Signature American Roulette. Now live in New Jersey, the game is available across Caesars Palace Online Casino, Caesars Sportsbook & Casino and Horseshoe Online Casino, bringing another standout addition to the Company’s Signature table game series. Developed by Empire Creative, Signature American Roulette reflects Caesars’ growing investment in building its own proprietary content, a cornerstone of its online casino strategy aimed at delivering a best-in-class player experience. Signature American Roulette follows the recent launches of fan-favourite Signature titles, Caesars Palace Signature Multihand Blackjack Surrender in May and Signature Blackjack Surrender in June, both also developed by Empire Creative.

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Novig announced the successful close of an $18 million Series A funding round. The round was led by Forerunner, with participation from existing investors Y Combinator, NFX, Perceptive Ventures and Gaingels. Founded by Jacob Fortinsky and Kelechi Ukah, Novig is reimagining sports predictions as a transparent and fair marketplace. Unlike traditional sportsbooks, Novig allows users to trade directly with one another, rather than against the house, eliminating hidden fees, biased odds and the risk of being penalised for winning.

Partnerships

IGT announced that it has secured a multi-year sports betting technology and services agreement with Hipodromo de Agua Caliente SA de CV and Distribuidora Internacional de Equipos de Juego, S. De R.L. De C.V. that will significantly extend IGT PlaySports’ footprint to Mexico and Latin America via Corporación Caliente. Per the agreement, 42 Caliente sportsbooks in Mexico will leverage the IGT PlaySports platform and services from the Company’s Trading Advisory Services Team. Through a phased rollout, Caliente will also be able to provide select sportsbooks operators throughout Latin America access to IGT PlaySports’ technology, extending the technology’s reach to more than 100 additional venues across eight countries.

CT Interactive has announced a strategic partnership with Ondiss. Through this collaboration, CT Interactive’s top-performing titles are now integrated into the Ondiss platform, significantly expanding the company’s reach within the region’s regulated iGaming market. This integration adds value to the broad Argentine audience of Casino & Hotel Casino Magic S.A., which successfully uses the Ondiss platform. With CT Interactive’s certified and player-favourite content now available, operators on the platform are empowered to diversify their offerings and meet the increasing demand for engaging, high-quality games.

The post Gaming Americas Weekly Roundup – August 11-17 appeared first on European Gaming Industry News.

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Sportradar introduces next gen Bundesliga products

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Bundesliga International is strengthening its longstanding agreement with Sportradar Group AG (NASDAQ: SRAD) to further enhance the viewing experience, accelerate innovation through new exclusive data, and deliver next-generation digital experiences for the betting and gaming market.

Sportradar’s partnership with Bundesliga International dates back to 2005. Utilising the 3.6 million data points from every Bundesliga match, and harnessing Sportradar’s proprietary technology, a suite of engaging products has been launched ahead of the start of the 2025-26 Bundesliga season, and available to Sportradar’s global client base. These include:  

Live Player Markets: Leveraging Bundesliga tracking data and Sportradar’s advanced AI capabilities in real-time will create approximately 240 additional opportunities to bet per match.  

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4Sight Streaming:  Award-winning, next generation streaming technology allows betting operators to incorporate AI-driven animated overlays and actionable insights into a live stream, enriching the Bundesliga viewing experience by increasing understanding of live match action. 

Enhanced Live Match Tracker: Powered by tracking data and computer vision which keeps fans engaged and provides in-play betting opportunities directly within the betting app.

“We are thrilled to further deepen our collaboration with Bundesliga, one of the most popular football leagues in the world,” said Patrick Mostboeck, SVP Fan Engagement at Sportradar.

“Over the course of our nearly twenty-year relationship, we’ve worked together to develop some of the most innovative and engaging football solutions for fans across the globe. And we continue to work together to power new ways to engage audiences and deliver unmatched value to the global football ecosystem.” 

With coverage of more than 150,000 matches annually across 900+ football leagues, as industry leaders Sportradar offers the industry’s deepest and most comprehensive football portfolio.

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“The Bundesliga is always looking to innovate and, working with Sportradar, we lead the way when it comes to enhancing our media product for the betting and gaming industry,” said Peer Naubert, Chief Executive Officer of Bundesliga International. 

“This long-term relationship lays the foundation for creating new ideas and staying ahead of the curve, and we’re excited to see the fruits of that labour come to life with this latest launch.”

The post Sportradar introduces next gen Bundesliga products appeared first on European Gaming Industry News.

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Industry Awards

Vixio Announces the Finalists for the 2025 Global Regulatory Awards

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Vixio, a leading provider of regulatory intelligence solutions, has unveiled its 2025 Global Regulatory Awards (GRAs) shortlist.

Now in their ninth year, the GRAs continue to recognise and celebrate the achievements of individuals, teams, and organisations in the gambling industry that have excelled in compliance, corporate social responsibility, and safer gambling. This year’s awards shortlist features 21 award categories, over 190 finalists and more than 100 unique organisations represented. “Congratulations to all of this year’s finalists. Achieving a place on the shortlist is no small feat, especially in our most competitive year yet. The continued growth of the GRAs reflects how seriously the industry takes compliance and the ongoing drive for excellence in this field,” stated Mike Woolfrey, CEO of VixioWoolfrey added: “Our thanks go to the judging panel for their diligent and independent evaluation, which ensures the integrity of these awards. We look forward to celebrating with so many of you in November.”

The 2025 GRA presentation will take place on November 19, 2025, at the Grand Connaught Rooms in London. Due to the event’s popularity, the remaining tables will sell out fast. Vixio strongly advises booking now to ensure you don’t miss out. You can now secure your table online in minutes using Vixio’s quick and easy booking portal. Additional information on table bookings can be found here.

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The GRAs 2025 shortlist is as follows:

 

AML or MLR Professional of the Year
1 Carlos Suárez, Catena Media
2 Cecile O’Connell, LeoVegas
3 Dave Foppert, DraftKings
4 Eleni Panagiotopoulou, SOFTSWISS
5 Georgi Iliev, Delasport
8 Kate Faulkner, BoyleSports
Award for Commitment to Compliance by a Supplier
1 BETBY
2 Digitain
3 Docaposte
4 GBG
5 GeoComply
6 GeoLocs by mkodo
7 Kambi
8 OpenBet
9 Play’n GO
10 Pragmatic Solutions
11 Soft2Bet
12 Wazdan
Award for Commitment to Compliance by an Operator Sponsored by: Gaming Associates
1 Betinia
2 CampoBet
3 DraftKings
4 Genting Casinos
5 LeoVegas
6 Tipico Games
 

Chief Compliance Officer of the Year

Sponsored by: eCOGRA

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1 Abby Cosgrave, LeoVegas
2 Anton Sikström, Catena Media
3 Corinne Valletta, Betsson Group
4 Ed Bedrosian, Xpoint
5 Filippo Ferri, Delasport
6 Jennifer Aguiar, DraftKings
7 Lloyd Lemmon, Pragmatic Solutions
8 Ray Dunkle, Virginia Lottery
9 Sara Cass, IFX Payments
10 Sophie Bowler, Zodia Custody
11 Steve Richardson, Scientific Games
12 Tommaso Di Chio, Bragg Gaming
Compliance Innovator of the Year
1 BetComply
2 BizAcuity Solutions
3 GeoComply
4 Mindway AI
5 OneComply
6 OpenBet
7 Rightlander
8 Sharp Vision
9 Soft2Bet
10 Xpoint
Compliance Professional of the Year
1 Andrew Poole, Light & Wonder
2 Ardie Manuel, Virginia Lottery
3 Arshak Muradyan, Digitain
4 Bill Curtis, DraftKings
5 Christopher Lottering, Pragmatic Solutions
6 Denzil Mason, Genting Casinos
7 Jeremie Kanter, Continent 8
8 Jessica Feil, OpenBet
9 Juan Jose Daruich, Daruich
10 Martin Crowe, NexaCompliance
11 Ryan Farrah, LeoVegas
12 Tatevik Grigoryan, BetConstruct
Compliance Rising Star Special Award
1 Attila Hunter, Betika
2 Birgit Strauszberger, Greentube
3 Jasmine Yasin, Delasport
4 Kate Faulkner, BoyleSports
5 Kevin Kostreci, GLI
6 Kizzie Fenner, Evoke
7 Maša Tičar, Pragmatic Solutions
8 Medisha Moodley, Games Global
9 Robert Lo Giudice, BetMGM
10 Shacke Manukyan, BetConstruct
11 Sheena Patel, DraftKings
12 Vanessa Hurt, Paysafe
Compliance Team of the Year

Sponsored by: Docaposte

1 AGS
2 BetConstruct
3 Bragg Gaming
4 Continent 8
5 Delasport
6 Digitain
7 DraftKings
8 OpenBet
9 Playtech
10 San Manuel Tribal Gaming Commission
11 Scientific Games
12 Wazdan
Head of Regulatory Affairs or Government Relations of the Year
1 Carl Brincat, LeoVegas
2 Devon Dalbock, GLI
3 Emeline d’Ollone, Catena Media
4 Emőke Péter, Worldline
5 Filippo Ferri, Delasport
6 Hartwig Gerhartinger, Paysafe
7 Michael Karloutsos, Hard Rock International
8 Travis Foley, BMM Innovation Group
Legal Team of the Year
1 Alea
2 Altenar
3 Betika
4 Betsson Group
5 Bragg Gaming
6 Catena Media
7 Kambi
8 LeoVegas
9 Light & Wonder
10 OKTO
11 Paysafe
12 Virginia Lottery
Marketing Compliance Team of the Year

Sponsored by: White Bullet

1 BetMGM
2 Better Collective
3 Catena Media
4 Gentoo Media
5 LeoVegas
Outstanding Contribution to Safer Gambling
1 AiR HUB – UNLV International Gaming Institute
2 Betting and Gaming Council
3 Casino Guru
4 EPIC Global Solutions
5 Flutter Entertainment
6 GamProtect
7 Genting Casinos

The post Vixio Announces the Finalists for the 2025 Global Regulatory Awards appeared first on European Gaming Industry News.

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