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NeoGames Announces Second Quarter 2021 Results

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NeoGames and The European Lotteries showcase signed partnership agreement at flagship Marketing event
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NeoGames S.A., a technology-driven provider of end-to-end iLottery solutions, announced it’s financial results for the second quarter ended June 30, 2021.

Moti Malul, Chief Executive Officer of NeoGames, said: “We are increasingly encouraged by the performance and development of the various markets and customers we support, notwithstanding expected seasonal impacts during the quarter. In particular, this quarter has seen continued strong growth in Alberta, where new gaming verticals were added, as well as further expansion of our games content into new markets and customers with contracts in Ukraine and Italy, which prove the market leading position of our offering.”

“Our substantial growth and strong performance over the past year gives us confidence that we are well positioned to maintain our position as the premier innovator and provider of iLottery solutions to the global lottery industry. As we continue to prove the effectiveness of our offering in engaging and maintaining players as well as enabling state and local governments to generate more revenue they can deploy for public benefit. We are proud and honored that our achievements are recognized by the industry, demonstrated by our recent win of the EGR B2B Awards as the Best Lottery Supplier for 2021. We are confident that we will continue to be the first choice for both full-service offerings and content relationships as additional jurisdictions see the value iLottery can offer.”

Second Quarter 2021 Financial Highlights

  • Revenues were $12.9 million during the second quarter of 2021, compared to $13.0 million during the second quarter of 2020, representing a decrease of 0.6% year-over-year. In addition, the Company’s share of NPI revenues was $8.5 million during the second quarter of 2021, compared to $1.6 million during the second quarter of 2020, representing an increase of 434% year-over-year. The total of revenues and the Company’s share of NPI’s revenues was $21.4 million during the second quarter of 2021 compared to $14.6 million during the second quarter of 2020, representing an increase of 47.0% year-over-year.
  • Comprehensive income was $2.8 million, or $0.11 per share, during the second quarter of 2021, compared to comprehensive income of $2.4 million, or $0.11 per share, during the second quarter of 2020.
  • Adjusted EBITDA was $8.3 million during the second quarter of 2021, compared to an Adjusted EBITDA of $7.8 million during the second quarter of 2020, representing an increase of 6.6% year-over-year.1
  • Network NGR was $187 million during the second quarter of 2021, compared to $112 million during the second quarter of 2020, representing an increase of 67.2% year-over-year.1

__________________
1 Adjusted figures represent non-IFRS information. See “Non-IFRS Financial Measures” and the tables at the end of this release for an explanation of the adjustments and reconciliations to the comparable IFRS numbers.

Second Quarter 2021 Business Highlights

  • Performance in Alberta has continued to exceed expectations during the province’s third live quarter. A successful launch of draw games and growth in existing and new players continue to drive the customer.
  • Signed contract with Lottomatica in Italy to provide its successful eInstant games portfolio.
  • Subsequent to quarter-end, signed contract to enter the Ukrainian market through a deal with Ukrainian National Lottery UNL, illustrating the international appeal of our content.
  • Chosen as the 2021 EGR B2B Award winner for Best Lottery Supplier.
  • Appointed Christopher G. Shaban, a senior lottery industry professional, as EVP Sales, Marketing and Customer Development.
  • Subsequent to quarter end, launched Multi-Game progressive jackpot for eInstants.

Guidance

The Company is raising its fiscal year 2021 Revenue and Share in NPI Revenues Interest Guidance to between $75 million and $79 million, compared to the prior range of between $73 million and $77 million.

Conference Call & Webcast Details

NeoGames will host a live conference call and audio webcast on Thursday, August 12, 2021 at 8:30 a.m. Eastern Time, during which management will discuss the Company’s second quarter results and provide commentary on business performance. A question and answer session will follow the prepared remarks.

The conference call may be accessed by dialing (833) 301-1152 for U.S. domestic callers or (914) 987-7393 for international callers. Once connected with the operator, please provide the conference ID of 8593557.

A live audio webcast of the earnings conference call may be accessed on the Company’s website at ir.neogames.com. The replay of the audio webcast and accompanying presentation will be available on the Company’s investor relations website shortly after the call.

Conferences in Europe

HIPTHER Announces Agenda Draft for Prague Gaming & TECH Summit 2025

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HIPTHER Announces Agenda Draft for Prague Gaming & TECH Summit 2025
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HIPTHER is thrilled to announce that the agenda draft for the highly anticipated Prague Gaming & TECH Summit 2025 is now ready! Scheduled for March 25-26, 2025, the summit will once again take place at its home, the Vienna House Andel’s Prague. This year’s conference, themed “The A-Flutter of Innovation,” promises an immersive exploration into the future of gaming and technology.

One Agenda, Two Knowledge Hubs

The Prague Gaming & TECH Summit 2025 continues HIPTHER’s commitment to covering the full spectrum of hot topics in the Gaming and Technology industries. This year’s program features two concurrent conference Knowledge Hubs packed with groundbreaking sessions:

●     Compliance & Operations Hub at Conference room 1: (OPAL + TOPAZ)

●     TECH Trends, Innovation & Marketing Mastery Hub at Conference room 2: (QUARTZ + SAPPHIRE)

 

60+ Expert Speakers Already Confirmed!

Over 60 industry leaders and innovators from iGaming, esports, compliance, VR, and more have already confirmed their participation. Among the distinguished speakers:

  • Dmitry Starostenkov – CEO At EvenBet Gaming
  • Max Sevostianov – Chief Operating Officer At Betbazar
  • Filip Sosnowski – CEO At SB Software
  • Damir Hasaković – SLOT Manager At Luckia Croatia And Board Member At Croatian Gaming Association
  • Ivana Flynn – SEO Igaming Expert
  • Gal Ehrlich – CEO At BETER
  • Tom Jang Lemke – CEO And Founder At SavageTech
  • Joerg Hofmann – Partner At MELCHERS LAW
  • Jakub Kolomicenko – Senior Compliance Officer At Kaizen Gaming
  • Gustaf Hoffstedt – Secretary-General at the Swedish Trade Association for Online Gambling
  • Asif Akram – Co-Founder At Tristratus Ltd
  • Becky Liggero Fontana – Reporter, Producer & Host

…And many more! Stay tuned as even more renowned experts will be announced in the coming weeks.

 

Special Focus on the Americas: LATAM & North America

The Prague Gaming & TECH Summit 2025 bridges industries and breaks barriers, offering unparalleled insights and networking opportunities in Central and Eastern Europe – and beyond! This year’s agenda includes two special panels focusing on the Americas:

North America’s Regulatory Landscape: Lessons from the Latest Markets

This panel will examine the latest developments across key markets, highlighting lessons learned from new and maturing jurisdictions. Industry leaders will share insights into navigating compliance requirements, fostering responsible gambling, and leveraging market-specific strategies to ensure sustainable growth in this ever-evolving region.

Navigating the Maze: iGaming Compliance Across LATAM

The LATAM iGaming market is a land of immense opportunity but also significant regulatory complexity, with diverse frameworks and economic landscapes across countries like Brazil, Colombia, and Mexico. This panel will explore best practices for navigating fragmented laws, addressing taxation challenges, and fostering trust with local regulators, ensuring sustainable growth in this dynamic region.

 

A Word from HIPTHER

HIPTHER’s Co-Founder, Zoltan Tuendik, stated about the Agenda and the Summit:

“The future of gaming and tech isn’t just about following trends—it’s about creating them. HIPTHER, often imitated but never truly replicated, invites you to the Prague Gaming & TECH Summit 2025, where innovation takes center stage and the next leap forward begins.”

 

Explore the Agenda and Register Now!

The full agenda draft is now live! Visit hipther.com/events/prague/agenda/ for details and secure your spot today. Stay tuned for more updates as the event approaches!

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Industry Awards

Scatters Club Streamers Awards 2025: New Opportunities for Audience Contribution

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The Scatters Club Streamers Awards, the first online awards dedicated exclusively to gambling streamers, return for their second year. Following the success of the inaugural event, the 2025 edition aims to recognize the most impactful streaming moments of 2024. With over 200 submissions received on the first day, the event promises to make a difference in the streaming community.

The awards ceremony will take place on February 27, 2025, and will include a formal gala featuring notable industry figures. In preparation for this event, fans and streamers are encouraged to engage with the nomination and voting process to ensure comprehensive representation.

Updated Categories and Opportunities for Community Input

For 2025, the awards have been expanded and refined to reflect the evolution of the streaming industry. This year’s program features 10 fan-voted categories and 5 data-driven “Legends of the Year” nominations, focusing on key achievements across the sector. Rules have been clarified, and nominations have been updated to cover all the essential aspects of the streaming landscape.

The organizers are inviting community input throughout December. Fans and streamers can propose new categories or highlight moments they believe deserve recognition. Submissions, accompanied by supporting video materials and time codes, can be made via email – [email protected]. Selected contributions may influence next year’s categories and receive some prizes. Also, those getting votes from the community will be invited to participate in the live stream.

How the Voting Process Works

The selection process for the awards is divided into three phases:

Phase 1: Long List (January 13–27)

Fans will determine which nominees advance by supporting their favorites through online engagement.

Phase 2: Short List (January 29–February 11)

The top-5 nominees in each category will be evaluated through a combination of fan votes and an expert jury.

Phase 3: Legends of the Year

This category is based entirely on statistical analysis conducted by Casinolyitics. However, fans may also participate by placing predictions on their preferred Legend from the top-5 contenders.

The winners will be announced during the live gala on February 27, 2025.

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Latest News

Turn Up the Heat with Tom Horn Gaming’s New Slot, Hot Blizzard Deluxe

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Turn Up the Heat with Tom Horn Gaming’s New Slot, Hot Blizzard Deluxe
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Tom Horn Gaming, the award-winning iGaming supplier, is turning up the temperature this winter with the release of Hot Blizzard Deluxe.

Scheduled to go live on 5 December, this fery slot promises to deliver an electrifying gaming experience with explosive features, blazing visuals, and high-intensity gameplay that players love.

 

Expanding Wilds and Super Free Spins with Wild Reel

At the core of the Hot Blizzard Deluxe’s gameplay is the Expanding Wilds feature, where Wild symbols not only fll entire reels but also come with blazing multiplier values of x1, x2, x5, or x10. Whenever a Wild lands as part of a winning combination, it transforms the symbols above and below into Wilds, forming an Expanding Wild and creating opportunities for massive wins. What’s more, if multiple Wilds appear on the screen, their multiplier values are added together before being applied to the win, offering truly explosive payout potential.

The game’s Free Spins feature takes the thrill even higher. By landing three Star symbols, players trigger 10 Free Spins, where the middle reel transforms into a fully Wild reel with multiplier values that change on every spin. For those seeking even more fery rewards, the Super Free Spins feature is activated by landing four Star symbols. Here, the middle reel consists entirely of x10 Wilds, setting the stage for some truly monumental wins.

Adding a unique twist to the gameplay is Tom Horn Gaming’s QuickX™ feature, which offers players instant access to the game’s most exciting features. Players can select from four distinct options: triple the chance to trigger Free Spins for a x1.5 bet multiplier, spin with a random Expanding Wild for a x25 bet multiplier, enjoy Free Spins with the Wild Reel for a x50 bet multiplier, or dive straight into the Super Free Spins with a x10 Wild Reel for a x200 bet multiplier. This feature ensures that players can customise their gaming experience and jump straight into the action whenever they choose.

 

A Game That Keeps the Flames Burning

Set against a fery backdrop, Hot Blizzard Deluxe combines cutting-edge mechanics with visually striking design and a soundtrack that amplifes the heat. The game’s dynamic features ensure that every spin has the potential to deliver thrilling moments and substantial wins, making it an instant favourite among players of all levels.

“With Hot Blizzard Deluxe, we’ve taken our commitment to player engagement and entertainment to the next level. The combination of features like Expanding Wilds, Free Spins, and the QuickX™ mechanic provides an experience that’s not only visually stunning but also incredibly rewarding. This is a game that will appeal to a wide range of players, and we’re excited to see it light up the reels for our partners and their players,” said Katarina Slaninova, Head of Marketing at Tom Horn Gaming.

The game will be available across the supplier’s extensive network of partners from 5 December 2024. Get ready to turn up the heat and let fortune blaze bright with Hot Blizzard Deluxe!

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