NeoGames Partners With BIG Brazil For Its Caesars Brazil Brand, Ahead Of Market Opening
Portfolio Pulse from Benzinga Newsdesk
NeoGames S.A (NASDAQ:NGMS) has partnered with BIG Brazil to enter Brazil's newly regulated iGaming market with the Caesars Brazil brand. This deal includes NeoGames providing its gaming platform, sportsbook solution, and other services to support BIG Brazil's ambition to become a leading operator in Brazil. The partnership follows BIG Brazil's licensing agreement with Caesars Entertainment for the Caesars brand in Brazil.
April 15, 2024 | 12:06 pm
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NeoGames S.A partners with BIG Brazil to enter Brazil's iGaming market, providing a comprehensive suite of gaming solutions.
The partnership with BIG Brazil positions NeoGames as a key player in the emerging Brazilian iGaming market, potentially boosting its market share and revenue. The deal's focus on providing a wide range of gaming solutions underlines NeoGames' strategic expansion and operational capabilities, likely leading to positive investor sentiment and a short-term uptick in NGMS stock.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90