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NeoGames makes bid to acquire Aspire Global for SEK 111 per share
NeoGames, the global leader of iLottery solutions and services, has made a bid to acquire Aspire Global, the leading supplier of gaming solutions, for SEK 111 per share.
On 17 January 2022, a public tender offer was made by NeoGames S.A to the shareholders of Aspire Global to tender all their shares in the Company to NeoGames for a consideration consisting of a combination of cash and newly issued shares in NeoGames . Aspire Global’s main shareholders, who in aggregate own shares corresponding to 66.96% of all shares and votes in Aspire Global, have entered into irrevocable undertakings that enable the other shareholders in Aspire Global to tender their shares to NeoGames and receive 100 percent cash consideration corresponding to SEK 111.00 per share tendered in Aspire Global representing a premium of 41% compared to today’s closing price of SEK 78.5 for Aspire Global’s share.
This value of the company is between 500-600 million US Dollars.
For the shareholders who elect to receive 100 percent of the consideration in cash, the Last Twelve Month (LTM) EBITDA multiple) would be 16.8x which compares very favorably to the comparable multiples in the space.
For those shareholders electing to take the mix of equity and cash on a 50:50 basis, the EV/EBITDA multiple will be 13.6x due to the proposed share price ratio which, whilst a lower multiple, also compares well to industry comparables. The latter option will be subject to change based on the movement of NeoGames share price pre closing of the Offer.
The synergies between the companies expend more the control in the value chain of gaming and lottery and will allow the group to become a true online leader in regulated markets.
NeoGames will gain access to Aspire Global proprietary products and world leader in the managed services offering, also to big volumes in regulated markets such as Europe, Latin America and Africa.
Aspire Global will be able to accelerate its US entry plans through the existing presence of NeoGames.
Aspire Global will continue to act independently and as an iGaming division in the whole group.
All the employees are expected to continue as usual in both Aspire Global group and NeoGames.
Tsachi Maimon will remain as the CEO of Aspire Global group and will be appointed to be the president of the NeoGames group.
Tsachi Maimon, CEO Aspire Global:
“Aspire Global is a high quality, leading supplier with a one stop shop in the regulated gaming industry. Following the acquisition of Btobet, Pariplay, the recent investment in bingo and the divestment of the B2C division and now this potential merger with NeoGames, we will create a leading global supplier for the entirety of the iGaming and iLottery space overnight. I strongly believe that the two companies are well matched with a solid cultural connection forged over many years of working together which will facilitate meaningful revenue synergies. The deal will allow us to leverage NeoGames’ presence in the U.S. to grow even further in this market whilst continuing to roll out new products and support the growth of our regulated clients in Europe, Latin America, Africa and North America. Setting aside the value creation from a financial perspective, both NeoGames and Aspire Global will be able to offer a state-of-the-art enhanced gaming solution as well as supporting growth for existing and new clients. This is an exciting new chapter for my management and employees as we look to lead the space with high quality and innovative products”
Moti Malul, CEO NeoGames:
“This is a highly strategic and transformational transaction for NeoGames that represents perhaps one of the more important milestones for us as a company. We believe that the combination of our two very successful companies will create a leading global provider across all forms of online lottery, sports betting and gaming that would have significant global active presence in many key markets. As a pure-play iLottery provider, we have experienced first-hand the strong convergence and expansion trend of lotteries in many countries globally into online gaming verticals and we believe that with this transaction we will become an even better strategic partner to our existing and future customers. We are excited to also be able to become a leading global provider to regulated gaming operators through the vast experience and product set that Aspire Global brings to our combined entity, together with profound operational experience which is a crucial success factor. The strong ties and cultural fit between the companies, where significant parts of our management teams have worked together and cooperated along the years, provides a great platform for future collaboration and success”

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Alea doubles down on cybersecurity with Continent 8’s full-spectrum assessment solutions
Continent 8’s Vulnerability Assessment and Penetration Testing, Security Audit and Vulnerability Scan services enable Alea to further strengthen the security and resilience of its iGaming platform
Continent 8 Technologies, the leading provider of global managed hosting, connectivity, cloud and cybersecurity solutions for the iGaming and online sports betting industry, announces that it has expanded its cybersecurity collaboration with Alea.
Building on its current programme of Vulnerability Assessment and Penetration Testing (VAPT) services with Continent 8, Alea – the award-winning casino game aggregator – has deepened its partnership with Continent 8 and its cybersecurity division, C8 Secure, by integrating Security Audit and Vulnerability Scan (V-Scan) services. This strategic initiative further enhances Alea’s cybersecurity posture and underscores the company’s ongoing investment in the resilience and integrity of its infrastructure.
The expanded cybersecurity assessment programme delivers a wide range of benefits for Alea and its operator network, including:
- Identifying, assessing and mitigating vulnerabilities in IT infrastructures, applications and networks
- Ensuring compliance with industry best practises and cybersecurity frameworks by evaluating security policies, procedures and governance
- Recognising new vulnerabilities, highlighting areas for improvement and prioritising remediation efforts
- Developing a customised roadmap for ongoing improvement to enhance cybersecurity posture and maturity
- Enhancing the trust and confidence of customers and partners by implementing industry-best cybersecurity measures
Eduard Fumás, CTO at Alea: “Security is built into everything we do at Alea. We’ve always believed that operators and their players deserve the highest level of protection. This is why we’ve invested in strong encryption, fraud prevention tools and a robust infrastructure from day one.
“Working with Continent 8 has helped us put that commitment to the test. Their expertise allows us to validate and strengthen our systems with confidence. We’re proud of how far we’ve come together, and even more excited about what’s next as we keep raising the bar and building a platform that our partners can trust completely.”
Patrick Gardner, Chief Security Officer at Continent 8 added: “As Alea continues to grow and expand, its proactive commitment to maintaining a secure iGaming aggregator platform becomes paramount. In our ongoing collaboration with Alea, we remain dedicated to fostering and supporting their cybersecurity initiatives – ensuring that both Alea and its extensive partner ecosystem stay protected, resilient and prepared.”
Continent 8 will be exhibiting at SBC Summit Lisbon, from 16-18 September at Stand C80.
The post Alea doubles down on cybersecurity with Continent 8’s full-spectrum assessment solutions appeared first on European Gaming Industry News.
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The UAE Lottery Introduces Two New E-Instant Games: Gemstone Riches and Sports Mania
The UAE Lottery, operated by The Game LLC and regulated by the General Commercial Gaming Regulatory Authority (GCGRA), is expanding its digital gaming portfolio with the launch of two exciting new E-Instant games: Gemstone Riches and Sports Mania, provided by EQL Games. These new titles bring a fresh layer of entertainment and greater chances to win for players across the UAE.
Gemstone Riches is an exciting new game offering 196 prize tiers. Players simply match their numbers with the lucky numbers to win the corresponding prize, with multiple chances to win on a single ticket. The game also features a bonus round unlocked by revealing five gemstone bonus symbols, where players select four gems to win more prizes. With entry prices ranging from AED 2 to AED 50 and top rewards of up to AED 500,000, Gemstone Riches is designed to be accessible and thrilling for all players.
Sports Mania brings a sporty twist to digital scratch games, with 41 prize tiers and an exciting multiplier feature. Players choose their ticket price and reveal their symbols, winning when their symbols match both the image and the quantity shown at the top. A multiplier, of up to x50 can be applied to boost the player’s total final winnings significantly. Like Gemstone Riches, ticket prices range from AED 2 to AED 50 with prizes up to AED 500,000.
“With the addition of Gemstone Riches and Sports Mania, we’re building on the momentum of our E-Instant portfolio and continuing to expand the variety and quality of our digital game offerings. These new titles introduce simple, interactive formats and creative themes that align with our focus on safe, accessible, and engaging gameplay,” said Bishop Woosley, Director of Lottery Operations at The Game LLC
These two additions mark a new chapter for The UAE Lottery’s digital offerings, enhancing gameplay variety and delivering greater player engagement through interactive, easy-to-play formats. Both games are now available on The UAE Lottery website: www.theuaelottery.ae.
As the first and only federally licensed lottery in the UAE and Gulf region, The UAE Lottery remains committed to setting high standards for regulated gaming. Its focus on responsible gaming is central to how it operates, from ensuring every game prioritizes player protection and integrity, to supporting socially responsible initiatives that benefit the wider community.
The post The UAE Lottery Introduces Two New E-Instant Games: Gemstone Riches and Sports Mania appeared first on European Gaming Industry News.
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SOFTSWISS Turns 16: Milestones That Defined the Year
SOFTSWISS, an international tech company in the iGaming industry, celebrates 16 years of growth and bold decisions. This year marks a new chapter in the company’s journey — with a strategic focus on strengthening its presence in emerging markets, accelerating global expansion, and obtaining new certifications across key jurisdictions.
The year 2025 is a turning point for the industry, with a long-awaited regulatory framework taking effect in several markets, including Brazil and Peru.
SOFTSWISS is the first company to secure certification for its flagship Game Aggregator in Brazil in late 2024. By early 2025, all products within the SOFTSWISS tech ecosystem – including the Jackpot Aggregator, Casino Platform, and Sportsbook – were certified for operation in this emerging market. This enabled both existing and new clients to expand in Brazil with full regulatory support, confidently.
With over 1,350 brands powered by SOFTSWISS solutions, the company continues to earn trust through its proven stability and performance, maintaining system uptime at 99.999% worldwide. As a testament to this success, SOFTSWISS has received 73 industry and business awards over the past five years, recognising excellence in product innovation, compliance, marketing, and employer branding.
This year, recognition extended to individual SOFTSWISS leaders, highlighting their growing influence beyond iGaming and into the broader tech and business landscape. Ivan Montik, Founder, received multiple prestigious business awards. Sergey Kastukevich, Deputy CTO, was named CTO of the Year at the Oracle Customer Excellence Awards, reaffirming SOFTSWISS’ technological leadership. Valentina Bagniya, CMO, earned several accolades for her outstanding contributions to marketing and industry influence.
In addition to its product and leadership achievements, the company continues to invest in industry development through educational and social initiatives. Notably, SOFTSWISS was the first in the iGaming sector to launch large-scale industry research, collecting and analysing data to produce open-access reports to support market maturity and transparency. The 2025 edition of the SOFTSWISS iGaming Trends Report became a record-breaker, reaching over 13,000 downloads and cementing the company’s role as a thought leader.
Beyond technology, SOFTSWISS invests in people and purpose, supporting charitable, educational, and CSR initiatives as part of its commitment to responsible growth. The company with offices in Malta and Georgia, development hubs in Poland, has also a remote team across 46 countries.
“Last year, we celebrated 15 years with our partners, clients, and team – and this past year brought new challenges that we’ve faced with confidence and clarity. While SOFTSWISS is, at its core, a technology company – driven by AI, automation, and innovation – I firmly believe our people shape the company’s long-term success. Technology accelerates progress, but talent, vision, and shared values make it sustainable,” says Ivan Montik, Founder of SOFTSWISS.
These values are deeply reflected in the company’s culture and HR approach, offering people the space to grow professionally, take initiative, and lead.
“Five years ago, SOFTSWISS had fewer than 500 employees. I was 19 and had only just started my career, with only one job behind me. That initial experience in audience growth and analytics brought me to SOFTSWISS, where I was mentored, given tools to learn, and encouraged to step up. Today, I lead the Data Office – a 24-person team that supports the company with trusted, consistent data.. Looking back, I couldn’t have imagined this path. But I’m living proof that at SOFTSWISS, real growth isn’t just encouraged – it is made possible,” shares Anna Ivanova, Head of Data Office.
As SOFTSWISS steps into its 17th year, one thing is clear: behind every product, every launch, and every success, there is a team of people driving it forward and they are just getting started.
The post SOFTSWISS Turns 16: Milestones That Defined the Year appeared first on European Gaming Industry News.
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