London-listed betting and gaming operator William Hill has acquired a stake in iLottery solutions provider NeoGames.
William Hill has acquired a 29.4 per cent stake in NeoGames for a total cash consideration of US$25m, with an option to acquire the remaining 70.6 per cent within five years.
Founded in 2005, NeoGames was a pioneer of online scratch cards before going on to develop a range of interactive lottery solutions for lottery rights holders.
The company's lottery clients include [...]
