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NeoGames S A (NASDAQ: NGMS) Acquired for $1 2B as Gaming Sector Takes a Bullish Turn

Shares of NeoGames (NASDAQ: NGMS) rocket 113% as the internet lottery games operator is set to be acquired by Aristocrat Leisure Limited (ASX: ALL).

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Australian co Aristocrat pays 130% premium for NeoGames

The main beneficiaries of the $1.2 billion deal are Barak Matalon Eli Azur, and Pini Zahavi.

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Australia s Aristocrat to buy Israel s NeoGames in deal worth $1 2 billion

Nasdaq-listed NeoGames is a Tel Aviv-based online gaming tech solutions provider for iLottery, iGaming and online sports betting operators

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NeoGames acquired by Australia s Aristocrat in $1 2 billion deal

The Israeli-founded company, which provides services for regulated lotteries and gaming operators, is being bought out at approximately a 104% premium on its Nasdaq stock price

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NeoGames Stock: In A Healthy Oligopoly (NASDAQ:NGMS)

NeoGames valuation slumped to levels that imply far more pessimism than can be envisioned. With NGMS stock at ~$13, why are we confident in the risk/reward?

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