NeoGames Expands To Five New European Markets Via LEIA Deal
Portfolio Pulse from Shivani Kumaresan
NeoGames S.A. (NASDAQ:NGMS), a provider of iLottery and iGaming solutions, has announced a four-year deal with the Lotteries Entertainment Innovation Alliance AS (LEIA) to expand its reach in Europe. The agreement will allow NeoGames to supply content to all lotteries in Scandinavia and France. However, NGMS shares traded lower by 0.59% at $27.16 on the last check Monday.
July 31, 2023 | 2:26 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Despite the announcement of NeoGames' expansion into five new European markets, the company's shares traded lower by 0.59% at $27.16.
The news of NeoGames' expansion into new markets is a positive development for the company. However, the stock price has decreased, which could be due to other market factors or investor sentiment. The impact of this news may be seen in the coming days.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100