Latest Esports News

Aspire Global names Chilton as new managing director

12

NeoGames’ igaming subsidiary Aspire Global has announced the appointment of Jonathan Chilton as its new managing director.

Chilton took on the role in February, although the news has only been confirmed today (16 April). Aspire Global said Chilton will support its ongoing expansion into regulated markets around the world.

An experienced executive, Chilton joins Aspire Global after a short spell as chief operating officer at Playbook Engineering.

Prior to this, he spent over six years with Super Group-owned GM Gaming. Here, he served as COO, operations director and executive director, helping expand the Betway brand into several regulated European markets.

Earlier in his career, Chilton also had spells with IngweTech Solutions, Paywize, Osiris Trading and Raging River Trading. 

It’s fantastic to be joining Aspire Global at what is a very exciting time for the company and its growth prospects,” Chilton said. “We have a talented team here and I’m determined to accelerate our growth through the delivery of a full spectrum of cutting-edge solutions.”

NeoGames CEO Moti Malul added: “I’m thrilled to welcome Jonathan on board. Jonathan brings a vast wealth of experience with him. He will be a major asset both for our white label focus as well as the broader NeoGames group.”

Aspire Global parent scores Brazil partnership

Confirmation of the appointment comes after NeoGames this week entered a partnership with BIG Brazil, a Caesars sportsbook licensee. The deal will see the Caesars Brazil brand expanded into the regulated Brazilian market.

NeoGames will provide its player account management platform, sportsbook solution and online games to BIG Brazil as part of the deal. It will also offer additional operational products and services.

The deal comes one month after BIG Brazil confirmed it was seeking accreditation with the Rio de Janeiro State Lottery, Loterj.

Tsachi Maimon, president and head of igaming at NeoGames, said NeoGames is ready to support BIG Brazil’s venture into Brazil.

Net loss flat at NeoGames in 2023 as Aristocrat acquisition looms

In other recent news from Aspire Global and NeoGames, the latter reported its financial results for 2023. Revenue at NeoGames jumped 15.6% to $191.5m (£153.9m/€180.3m), while net loss was largely flat compared to FY22.

Spending wiped out the revenue increase but net loss totalled $18.2m, just 3.6% less than 2022. Adjusted EBITDA for the year doubled to $66.5m.

NeoGames did not host a conference call for its 2023 results in anticipation of its sale to Aristocrat Leisure. Last May, Aristocrat agreed to acquire NeoGames for $1.20bn, with the deal set close in Q2 2024.

Read the original article Here

Visit the Association of Certified Gaming Compliance Specialists Here

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy