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NeoGames Announces First Quarter 2022 Results

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NeoGames S.A., a technology-driven provider of end-to-end iLottery solutions, announced today financial results for the first quarter ended March 31, 2022.

Moti Malul, Chief Executive Officer of NeoGames, said: “Our business continues to trend positively in 2022, as our existing accounts continue to perform well in terms of both sequential, as well as annual growth rates. We are delighted to see particularly strong growth from our Virginia and Alberta accounts, which have become leading contributors to our revenues. During the quarter we announced an offer to acquire Aspire Global in an effort to enhance our offering and expand our geographies. We have been keenly focused on completing this transaction and have recently launched our tender offer. We are confident with the progress and expect to close during the second quarter.”

First Quarter 2022 Financial Highlights

  • The total of Revenues and the Company’s share in NPI revenues was $22.4 million during the first quarter of 2022 compared to $21.6 million during the first quarter of 2021, representing an increase of 3.8% year-over-year. Revenues were $13.2 million during the first quarter of 2022, compared to $13.3 million during the first quarter of 2021, representing a decrease of 0.7% year-over-year. In addition, the Company’s share in NPI revenues was $9.2 million during the first quarter of 2022, compared to $8.2 million during the first quarter of 2021, representing an increase of 11.2% year-over-year.
  • Comprehensive loss was $(0.9) million, or $(0.03) per share, during the first quarter of 2022, compared to comprehensive income of $4.0 million, or $0.16 per share, during the first quarter of 2021. The change in comprehensive income was impacted by several items, including Aspire transaction-related, stock-based compensation expense (granted in Q4 2021), and additional G&A related to further build out of operations.
  • Adjusted EBITDA1 was $8.5 million during the first quarter of 2022, compared to $9.7 million during the first quarter of 2021 representing a decrease of 12.0% year-over-year.
  • Network Net Gaming Revenue (“NGR”) was $199.7 million during the first quarter of 2022, compared to $195.8 million during the first quarter of 2021, representing an increase of 2% year-over-year.

Recent Business Highlights

  • On April 26, 2022, we published the prospectus, offer document and acceptance form related to the Aspire Global prospective acquisition. The acceptance period runs from April 27 through May 25 with an expected settlement date of June 14, 2022. The acquisition is expected to close during the second quarter of 2022.
  • Virginia continued its strong growth with quarter-over-quarter and year-over-year increases in revenue and near market-leading per capita volumes.
  • Michigan continued its growth trend, which started in the second half of the fourth quarter 2021.
  • Benefiting from the broader product mix rolled out in the region, Alberta expanded to become our second largest turn-key account in terms of revenues, demonstrating the benefits of our collaboration with Aspire Global, as Pariplay has increased its market share during the quarter.

Guidance

The Company is updating its fiscal year 2022 Revenue and Share of NPI Revenues Interest Guidance to between $91 million and $96 million, compared to the prior range of between $90 million and $97 million, representing an approximate 11% increase year-over-year at the midpoint. This range is based on revenues from existing accounts, does not assume revenues from the launch of new turn-key accounts, and reflects the range of possible outcomes of the conflict in Ukraine.

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Beyond Bancard

SCCG Management Partners with Beyond Bancard to Bring Full-Service Payment Processing to the Global Gambling Industry

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SCCG Management, a global advisory firm specializing in the gambling and sports entertainment industries, has announced a strategic partnership with Beyond Bancard, a full-service payment processing company headquartered in Orange, California. The partnership positions SCCG as Beyond Bancard’s market representation and business development channel into the gaming, sports betting, tribal gaming, and regulated entertainment sectors.

Beyond Bancard provides credit and debit card processing, POS systems, payment gateways, and merchant services to businesses across retail, e-commerce, live events, hospitality, B2B, and high-compliance verticals. The company serves thousands of merchants nationwide and holds PCI Level 1 compliance, the highest standard for payment security and has built a reputation for solving complex payment challenges in markets where compliance, scalability, and reliability are critical.

Under the partnership, SCCG will deploy its commercial network, media footprint, and industry relationships to identify, qualify, and introduce gaming and entertainment operators to Beyond Bancard’s payment processing platform. Target verticals include tribal casino operators, commercial casino groups, online gambling operators covering sports betting, online lottery, and online casino, sweepstakes platforms, sports entertainment companies, and other regulated-industry merchants that require compliant payment infrastructure.

“Payment processing is the connective tissue of every gaming operation, and most operators are underserved when it comes to finding processors who understand the compliance requirements of this industry. Beyond Bancard brings a mature infrastructure, a strong compliance posture, and real experience working with high-volume merchants. That is exactly the kind of partner our network needs.”

Stephen Crystal, Founder and CEO, SCCG Management

SCCG’s engagement with Beyond Bancard spans four service areas: industry network access and lead generation, marketing and content distribution, event sponsorship and activation, and strategic advisory on market positioning within the gaming vertical. Beyond Bancard will be featured across SCCG’s marketing channels, including the SCCG Weekly Newsletter, which reaches over 26,000 gambling industry professionals, LinkedIn amplification through Stephen Crystal’s professional network, and targeted thought-leadership content.

Beyond Bancard will also participate as a named sponsor of SCCG’s 5th Annual G2E Party on September 29, 2026 at Tom’s Watch Bar in Las Vegas, providing branding visibility and direct networking access to SCCG’s invite list of gaming industry executives and decision-makers.

“The gaming industry requires payment partners that understand far more than transaction processing. Operators need scalable infrastructure, strong banking relationships, sophisticated risk management, seamless pay-in and payout capabilities, and a deep understanding of regulatory compliance. SCCG has built one of the most respected networks in gaming, and we’re excited to partner with their team to bring our payment solutions to operators around the world. Together, we believe we can help gaming businesses navigate complexity, optimize payment performance, and unlock new growth opportunities.”

Jimmy Virk, Chief Executive Officer, Beyond Bancard

The partnership reflects a growing need among gaming operators for payment processing partners who can navigate the compliance, risk management, and regulatory demands of the gambling industry. Beyond Bancard’s experience across high-compliance verticals, combined with SCCG’s established operator network and market intelligence, creates a direct commercial pathway between operators seeking compliant payment infrastructure and a proven processing partner.

About SCCG Management

SCCG Management is a global advisory firm with more than 33 years of experience connecting clients to strategic partners across the gambling industry. With an ecosystem of over 130 gaming-related partner companies, SCCG provides market representation, business development, capital introductions, and managed services to operators, technology providers, and brands worldwide. For more information, visit sccgmanagement.com.

About Beyond Bancard

Beyond Bancard is a leading payment and merchant services company based in Orange, California. The company provides payment processing, POS technology, payment gateways, and risk management services to businesses across retail, e-commerce, hospitality, gaming, B2B, and highly regulated industries. With a focus on innovation, compliance, and long-term partnerships, Beyond Bancard helps businesses navigate complex payment environments while delivering secure, scalable, and reliable payment solutions. The company maintains PCI Level 1 compliance and operates as a registered ISO/MSP of Esquire Bank, Merrick Bank, and Mission Valley Bank. For more information, visit beyondbancard.com.

The post SCCG Management Partners with Beyond Bancard to Bring Full-Service Payment Processing to the Global Gambling Industry appeared first on Americas iGaming & Sports Betting News.

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Groove confirms iGB L!VE 2026 attendance in London

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Aggregator and platform provider says it will bring a full commercial delegation to ExCeL on 1-2 July.

Groove has confirmed it will attend iGB L!VE 2026, running 1-2 July at ExCeL London. The company said it will bring a full commercial delegation to meet operators and affiliates.

The supplier positions the event as a key mid-year deal-making moment. Yahale Meltzer, Co-Founder and CEO of Groove, said: “iGB L!VE is the industry’s mid-year performance review. It is where conversations become commercial realities. We are bringing our most advanced platform yet, designed to help operators launch fast, adapt locally, and scale across complex regulatory environments.”

Meltzer also pointed to seasonality and content breadth, adding: “The timing is critical. With the European football season revenue peak approaching, operators need a partner who delivers structural resilience and content that performs. Groove delivers exactly that. Our 20,000+ games from 150+ providers, unified through a single API, give partners the agility they need to capture momentum and convert it into measurable growth.”

Rachel Tourgeman, Head of Partnerships at Groove, said: “iGB L!VE is where the industry’s most ambitious decision-makers converge. We are not here to hand out brochures. We are here to have conversations that turn into performance.” She added: “Every meaningful partnership starts with a conversation, and this event is where those conversations happen at scale. Whether it is emerging affiliates seeking new opportunities, established operators evaluating MarTech solutions, or startups seeking investor visibility through the iGB Startup Accelerator, Groove is positioned to deliver exactly what they need: speed, stability, and commercial precision.”

Giusy Campo, Business Development Director at Groove, who will lead the company’s presence on the show floor, said: “We are arriving with a clear objective: to forge strategic partnerships that unlock new markets and drive sustainable growth. Our platform’s modular architecture, combined with advanced player engagement tools and real-time analytics, gives operators a genuine competitive edge.”

The post Groove confirms iGB L!VE 2026 attendance in London appeared first on EE Gaming | Global iGaming & Tech Intelligence Hub.

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Boomerang Partners

Golden Boomerang Awards First Half by Boomerang Partners wrapped: next prize – the Formula 1 Grand Prix experience

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The third season of the Golden Boomerang Awards by Boomerang Partners is not losing momentum. Following the conclusion of the First Half, the tournament has confirmed one of the main ideas behind this season: long-term mechanics can increase partner engagement, while a sports-focused strategy can help turn that activity into measurable results.

First Half leaderboard and highlights

The Kickoff stage concluded on June 9, with impressive participant engagement. Mystery Boxes were raffled off among all participants, featuring exclusive prizes such as limited-edition FIFA World Cup 2026 jerseys – three per box, each representing a different participating country. The winner of this opening stage – team AskBonus – will attend the Wimbledon Championships from June 29 to July 12, 2026. For Boomerang Partners, sport remains one of the key areas of expertise, which is why it runs through the tournament mechanics, partner activities, and even the prize pool.

The rules are the same across all stages: the top 10 teams qualify for a random draw for the main stage prize, while Mystery Boxes are available to all active participants – not only the leaders. This keeps the competition open for everyone.

Tracking the leaders: The GBA 2026 standings update

Currently, a clear leader has emerged in the tournament. Team Lily has already scored 6,029 points (of which nearly 5,200 points come from sports FTDs). Team O follows in second place with 2,677 points. The rest of the top five – third, fourth, and fifth – currently hold 750, 504, and 341 points respectively. At the same time, the leaderboard is changing dynamically, driven by high participant activity.

The sports vertical accounts for nearly half of all FTD activity

According to Boomerang Partners, about half of the FTDs brought by Golden Boomerang Awards participants to the partner brands in the company’s portfolio come from the sports segment. This confirms a strong audience interest in sports events, especially given the active stage of the FIFA World Cup in North America.

The organizers have noted on multiple occasions that the third season of GBA prioritizes long-term strategy over participants’ short-term successes. This point is backed up by data on activities in the online casino segment. So, about a third of participating teams actively use the LUCKY FIVE mechanic. It allows affiliate teams to earn 5 bonus points per week if they generate 10 or more Casino FTDs during the reporting week.

The second half has introduced upgraded mechanics

The Second Half kicked off on June 10 – the winner of this stage will visit the Formula 1 Grand Prix on September 6. The stage runs through July 19. Thus, even for those joining the race now, there is every chance of catching up with the leaders and seriously competing for the prize.

To help teams with this, Boomerang Partners introduced a key feature for the Second Half aimed at new participants – WELCOME BOOST. Every new affiliate team will receive double points for every FTD throughout the first 14 days from the moment of joining. The LUCKY FIVE and LAST MINUTES WINNER mechanics also continue to be active, with the latter allowing participants to earn three times the points for every FTD during the last 7 days of the stage. In addition, the value of sports FTDs has increased – compared to the first stage, teams can now earn 3 points instead of 2 for each such FTD. This will be particularly beneficial for sports-focused affiliates, especially given that the stage runs alongside the FIFA World Cup and Wimbledon, both of which are driving high demand from audiences.

Race remains open at any stage of the season

As soon as the Second Half concludes, the Overtime stage will begin, featuring its own prizes, bonus mechanics, and enhanced point scoring. This keeps the tournament challenges completely open, giving every active participant a real opportunity to reach the top ranks. The awards ceremony in 11 categories will take place in September in Lisbon as part of the SBC Summit, allowing winners to gain not just physical prizes, but a sense of belonging among the best in the affiliate marketing industry – a feeling that fully aligns with the concept of the third season, Beyond the Moment. More details are available on the official Golden Boomerang Awards website.

About Boomerang

Boomerang Partners is a rapidly growing global marketing agency offering a wide range of services. Boomerang Partners is an Official Regional Partner of AC Milan. In 2024, it launched the inaugural Golden Boomerang Awards – a global tournament for affiliate teams. More than 400 affiliate teams participated in the second season of the tournament in 2025. Partners of the Agency launched six new products in 2024-2025, contributing to a nearly 1.5-fold increase in product users.

The Agency’s clients’ portfolio contains 10+ brands offering affiliate and entertainment services across multiple markets in compliance with local regulations. These products provide incentive programs and 24/7 multilingual support.

Disclaimer:

The FIFA World Cup and Wimbledon Championships are made for descriptive purposes only. Boomerang Partners is not affiliated with, endorsed by, or officially connected to these entities in any way.

The post Golden Boomerang Awards First Half by Boomerang Partners wrapped: next prize – the Formula 1 Grand Prix experience appeared first on EE Gaming | Global iGaming & Tech Intelligence Hub.

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