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NeoGames reduces third quarter loss

9th November 2023 10:18 am GMT
NeoGames

Lottery and gaming supplier NeoGames has reported a 26 per cent drop in revenue to $46.3 million for the third quarter of 2023, primarily as a result of a change in accounting methods and a decline in Aspire Core revenue.

Revenue from iLottery increased by 6 per cent year-on-year to $14.4 million in the third quarter, while iGaming revenue from Aspire Global fell by 34 per cent to $31.9 million.

This decline reflects a switch in reporting [...]

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