NeoGames Announces CFO Transition
27 Junio 2023 - 3:15PM
NeoGames S.A. (Nasdaq: NGMS) (“NeoGames” or the “Company”), a
technology-driven provider of end-to-end iLottery and iGaming
solutions, announced today the appointment of Motti Gil as Chief
Financial Officer, effective August 1, 2023, subject to certain
regulatory approvals. Mr. Gil will succeed Raviv Adler who is
stepping down effective July 31, 2023 to pursue another
opportunity. In the interim, Mr. Gil and Mr. Adler will be working
closely to ensure a seamless transition.
Mr. Gil is a seasoned executive, who brings over
20 years of global financial and operational experience to the
position. Since 2016, he has served as the CFO of Aspire Global,
including five years as a publicly listed company, prior to its
acquisition by NeoGames. Prior to joining Aspire, he spent seven
years as the CFO of GoNet Systems, a wireless technology company
which followed positions as a finance executive and controller in
the telecom technology industry, in private and publicly listed
companies. Mr. Gil began his career with Ernst & Young.
Moti Malul, CEO of NeoGames commented, “Motti
Gil has been with the Company for seven years with much of that
time spent as the CFO of the publicly-listed Aspire Global Group
prior to the merger last year. He has continually demonstrated
exceptional financial acumen and leadership skills throughout his
tenure. He remains instrumental in overseeing critical financial
operations and has strong relationships with key stakeholders.
Motti is the ideal candidate to step into this role at this
time.”
Mr. Malul also expressed his utmost gratitude
and sincere appreciation for Mr. Adler's contributions, "We cannot
overstate the immense impact Raviv has had on NeoGames' success.
His unwavering dedication, strategic insights, and exceptional
leadership have been instrumental in shaping our Company and in
delivering value for our shareholders. We are genuinely thrilled
for Raviv as he embarks upon a new opportunity, and wish him all
the best in his future endeavors."
About NeoGames
NeoGames is a technology-driven innovator and a
global leader of iLottery and iGaming solutions and services for
regulated lotteries and gaming operators. The Company offers its
customers a full-service suite of solutions, including proprietary
technology platforms, two dedicated game studios with an extensive
portfolio of engaging games – one in lottery and one in casino
games, and a range of value-added services. The recent strategic
acquisition of Aspire Global Group enables NeoGames to offer the
most comprehensive portfolio across iLottery, an innovative sports
betting platform from BtoBet, an advanced content aggregation
solution from Pariplay, and a complete set of B2B Gaming tech and
Managed Services. NeoGames remains an instrumental partner to its
customers worldwide, as it works to maximize their revenue
potential through various offerings, including regulation and
compliance, payment processing, risk management, player
relationship management, and player value optimization. NeoGames
strives to be the long-term partner of choice for its customers,
empowering them to deliver enjoyable and profitable programs to
their players, generate more revenue, and maximize proceeds to
governments and good causes.
Forward-looking statement:
This press release contains forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. The Company intends such forward-looking
statements to be covered by the safe harbor provisions for
forward-looking statements contained in Section 27A of the
Securities Act of 1933, as amended and Section 21E of the
Securities Exchange Act of 1934, as amended. Such statements are
based upon current plans, estimates and expectations of management
that are subject to various risks and uncertainties that could
cause actual results to differ materially from such statements. The
inclusion of forward-looking statements should not be regarded as a
representation that such plans, estimates and expectations will be
achieved. Words such as “anticipate,” “expect,” “project,”
“intend,” “believe,” “may,” “will,” “should,” “plan,” “could,”
“may,” “continue,” “target,” “contemplate,” “estimate,” “forecast,”
“guidance,” “predict,” “possible,” “potential,” “pursue,” “likely,”
and similar expressions or the negative of these terms or other
comparable terminology are intended to identify forward-looking
statements, though not all forward-looking statements use these
words or expressions. All statements, other than statements of
historical fact, including statements regarding the CFO transition
plans, are forward-looking statements.
These forward-looking statements are subject to
risks, uncertainties and assumptions, some of which are beyond our
control. In addition, these forward-looking statements reflect our
current views with respect to future events and are not a guarantee
of future performance. Actual outcomes may differ materially from
the information contained in the forward-looking statements as a
result of a number of factors including, without limitation the
risk factors set forth in Item 3.D. “Key Information- Risk Factors”
in our annual report on Form 20-F for the year ended December 31,
2022, filed with the Securities and Exchange Commission on April
28, 2023, and other documents filed with or furnished to the SEC.
These statements reflect management’s current expectations
regarding future events and operating performance and speak only as
of the date of this press release. You should not put undue
reliance on any forward-looking statements. Although we believe
that the expectations reflected in the forward-looking statements
are reasonable, we cannot guarantee that future results, levels of
activity, performance and events and circumstances reflected in the
forward-looking statements will be achieved or will occur. Except
as required by applicable law, we undertake no obligation to update
or revise publicly any forward-looking statements, whether as a
result of new information, future events or otherwise, after the
date on which the statements are made or to reflect the occurrence
of unanticipated events.
Contacts Investor
Contact: ir@neogames.comMedia Relations:pr@neogames.com
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