Ep 016: Aristocrat turns to NeoGames after Playtech rejection

After Aristocrat's lengthy $2.7bn pursuit of Playtech collapsed in early 2022 following the latter's shareholder rejection, the ASX-listed firm today entered into a definitive combination agreement with NeoGames, totalling approximately $1.2bn. This is set to see the Australian-based company bolster its operations across various markets and is the focus of today's conversation on the latest episode of iGaming Daily. Joining the conversation is Craig Davies, Editor at CasinoBeats and Ted Omre-Claye, Senior Journalist at SBC News, to reveal the details of the deal and ask the question - is $1.2bn a fair valuation for NeoGames? To read more on the Aristocrat/NeoGames $1.2bn definitive agreement, click on the following link to be directed to the CasinoBeats article - https://casinobeats.com/2023/05/15/aristocrat-purchase-1-2bn-neogames/ The topic of M&A activity will be hot on the CasinoBeats Summit agenda, which is taking place at the Intercontinental Malta between 23-25 May, during a panel session entitled - Deep dive into Investments and M&A. Click the following link to find out more - https://sbcevents.com/casinobeats-summit/