NeoGames Posts Strong Q2 Results, Anticipates Further Growth

The second quarter of 2023 results were positively impacted by the combination with Aspire Global.

The technology-driven provider of leading iLottery and iGaming solutions and content, NeoGames, released its latest trading update Wednesday. Judging by the figures within its unaudited report, the company saw strong growth within the iLottery and iGaming vertical for the second quarter ended June 30, 2023.

Overall, the company’s total revenues and share in NPI revenues for Q2 this year hit $62 million. This result, when compared to the $31.3 million result for Q2 last year, marked an increase of 98.2%. NeoGames explained that this significant growth comes after its combination with Aspire Global, as well as the completion of strategic growth objectives.
 
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