Facebook Twitter Youtube
    SBCAMERICAS
  • Home
  • News By Sector
    • Sportsbook
    • Igaming
    • Casino
  • Region
    • USA
    • Canada
    • Latin America
  • Features
    • Comment
    • Interviews
    • Martin Lycka
    • State of the Nation
  • Webinars
  • Events
    • SBC Summit North America
    • Kambi Festival of Sportsbook
    • Canadian Gaming Summit
    • SBC Summit Barcelona
    • SBC Summit Latinoamerica
  • SBC Leaders Magazine
  • MORE FROM SBC
  • SBC News
    iGaming
    Retail
    Sportsbook
    Canadian Gaming Business
    iGaming
    Lottery
    Sports Betting
    CasinoBeats
    Features
    Online
    Land-based
    Payment Expert
    Features
    Fintech
    Blockchain
    SBC Noticias
    Apuestas Deportivas
    Juego Online
    Casinos
    SBC Noticias Brasil
    Apostas Esportivas
    Cassino
    Regulamento
    Slot Beats
    Latest Slots
    Slot News
    Slot of the Week
    Insider Sport
    Integrity
    Media Rights
    Sponsorship
    Lottery Daily
    Digital
    Regulation
    Retail
    SBC CIS
    букмекерство
    Казино
    iGaming
    GamblingTV
    Webinars
    Podcasts
    Slots
    SBC Events
    Upcoming Events
    Past Events
    News
    SBC Sponsorship
    About
Search
    SBCAMERICAS
  • Newsletter
  • About Us
  • MORE FROM SBC
  • SBC News
    iGaming
    Retail
    Sportsbook
    Canadian Gaming Business
    iGaming
    Lottery
    Sports Betting
    CasinoBeats
    Features
    Online
    Land-based
    Payment Expert
    Features
    Fintech
    Blockchain
    SBC Noticias
    Apuestas Deportivas
    Juego Online
    Casinos
    SBC Noticias Brasil
    Apostas Esportivas
    Cassino
    Regulamento
    Slot Beats
    Latest Slots
    Slot News
    Slot of the Week
    Insider Sport
    Integrity
    Media Rights
    Sponsorship
    Lottery Daily
    Digital
    Regulation
    Retail
    SBC CIS
    букмекерство
    Казино
    iGaming
    GamblingTV
    Webinars
    Podcasts
    Slots
    SBC Events
    Upcoming Events
    Past Events
    News
    SBC Sponsorship
    About
Facebook Twitter Youtube
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
SBC Americas
    SBCAMERICAS
  • Home
  • News By Sector
    • Sportsbook
    • Igaming
    • Casino
  • Region
    • USA
    • Canada
    • Latin America
  • Features
    • AllCommentInterviewsMartin LyckaState of the Nation
      Comment

      Jess Feil, OpenBet: Navigating RG and compliance

      Kambi's Kris Saw
      Features

      Kambi: Under the Hood – The sports betting platform

      Features

      Richard Taylor, BetMGM: transitioning from Marine Corps to responsible gaming

      Betsson Sportsbook product enhancements for NFL
      Interviews

      Betsson Sportsbook focused on product enhancement for new football season

  • Webinars
  • Events
    • SBC Summit North America
    • Kambi Festival of Sportsbook
    • Canadian Gaming Summit
    • SBC Summit Barcelona
    • SBC Summit Latinoamerica
  • SBC Leaders Magazine
  • MORE FROM SBC
  • SBC News
    iGaming
    Retail
    Sportsbook
    Canadian Gaming Business
    iGaming
    Lottery
    Sports Betting
    CasinoBeats
    Features
    Online
    Land-based
    Payment Expert
    Features
    Fintech
    Blockchain
    SBC Noticias
    Apuestas Deportivas
    Juego Online
    Casinos
    SBC Noticias Brasil
    Apostas Esportivas
    Cassino
    Regulamento
    Slot Beats
    Latest Slots
    Slot News
    Slot of the Week
    Insider Sport
    Integrity
    Media Rights
    Sponsorship
    Lottery Daily
    Digital
    Regulation
    Retail
    SBC CIS
    букмекерство
    Казино
    iGaming
    GamblingTV
    Webinars
    Podcasts
    Slots
    SBC Events
    Upcoming Events
    Past Events
    News
    SBC Sponsorship
    About
Home Latest News NeoGames and Caesars expand NeoSphere agreement by further three years
  • Latest News
  • Sportsbook
  • North America
  • USA

NeoGames and Caesars expand NeoSphere agreement by further three years

By
Charlie Horner
-
April 11, 2023
three years
Image: Shutterstock
  • Facebook
  • Twitter
  • LinkedIn

NeoGames has extended its agreement with Caesars Entertainment to continue providing the operators with its NeoSphere player account management platform. 

The extended deal ensures that Caesars will continue to leverage the NeoSphere platform for the next three years, while the agreement will be subject to an annual renewal each year following that. 

Moti Malul, CEO of NeoGames, said: “We are very proud and pleased with our strong ongoing partnership with Caesars and are excited to keep delivering our market-leading services to the Caesars team as they continue to develop their successful online sports betting and igaming business in the US. 

“We look forward to assisting them with the future growth of their business.” 

As well as continuing to roll out its NeoSphere platform to Caesars, NeoGames has amended the existing agreement with Caesars to work with the operator to support the growth of the digital side of its business. 

This will see NeoGames aid Caesars with the transition to its own tech platform from the NeoGames platform. However, the amended agreement ensures that NeoGames maintains its guaranteed net profit level for the entire agreement period. 

Caesars has become increasingly focused on the digital side of its business in recent times. 

In its most recent earnings call, Tom Reeg, CEO of Caesars, outlined the company’s ambitions to have $550m in adjusted EBITDA for FY2025 and profitability in 2023 for the first time. 

He said: “We’re anticipating that Digital on a full-year basis will be an EBITDA contributor for us this year. And when I say that, I’m talking about overall and both verticals, I expect sports betting and igaming to be EBITDA positive this year for us.”

In 2022, the company’s digital unit narrowed its losses to just $5m. 

“We appreciate the commitment and strong support of the NeoGames team over the years, and the important role that its technology plays in the success of our online sports betting and igaming business,” said Eric Hession, President of Caesars Digital. 

“The NeoGames team offers unparalleled expertise and support, and we are excited to continue leveraging our partnership with them as we expand our US online sports betting and igaming business.”

  • Facebook
  • Twitter
  • LinkedIn
Previous articleBrazil to set a 15% tax on GGR under proposed sports betting rules
Next articleSportsHandle: the week that was in US sports betting
Charlie Horner

RELATED ARTICLESMORE FROM AUTHOR

Man holding question mark
Latest News

DOI questions chances Supreme Court will hear FL sports betting case

Dart in center of target`
Latest News

FL regulators target DFS companies with cease and desist letter

warning sign
Latest News

Entain warns investors over Q3 revenues despite BetMGM strength

Overhead shot of huddle of people
Igaming

IGSC forms cybersecurity committee in wake of MGM casino attack

FanDuel logo
Igaming

FanDuel making casino push with new ad campaign

Third party cookies on phone with cookie
Latest News

Operators weigh in on MA’s sportsbooks data privacy policy

Event News

SBC Awards 2023

SBC Awards 10th Anniversary Unveiled the Champions of Betting and iGaming

Events Nick Ware - September 22, 2023
SBC marked the grand 10th-anniversary edition of the SBC Awards with a spectacular celebration, honoring the exceptional individuals and companies whose unwavering commitment to...
SBC Summit 2024

SBC Summit Finds New Home in Lisbon

Events Nick Ware - September 19, 2023
SBC's flagship global event SBC Summit has a new home in Lisbon starting in 2024, in order to meet the demands of the industry's...
Hall of Fame grpahic

Gustaf Hagman and Jordan Levin headline Hall of Fame Class of ‘23

Events Charlie Horner - September 13, 2023
SBC has confirmed that four new industry executives will be inducted into the SBC Hall of Fame Class of 2023 ceremony that will take...
sbc webinars and metric gaming are giving you look under the hood of their new platform

SBC Webinars: Under the hood of Metric Gaming’s new platform

Events Scott Fulton - September 6, 2023
On the 7th September at 16:00 BST, ahead of their appearance at the upcoming SBC Summit Barcelona, SBC Webinars hosts sports betting software provider...

RSS News from Canadian Gaming Business

  • 888 becomes CFL partner to front 888 Rivalry Games
  • Bet Rite taps in TCSJOHNHUXLEY for exclusive distribution deal in Canada
  • PointsBet Invitational excitement ramps up with return of Sweep 16 Bracket Challenge
  • SBC Awards 10th Anniversary Unveiled the Champions of Betting and iGaming
  • Loto-Quebec lays Q1 revenue blame on Lotto Max sales

RSS News from CasinoBeats

  • Flows’ no-code plug-in technology integrated into Lion Gaming platform
  • Lotteritilsynet to monitor nine banks for illegal gambling payments
  • Casino Magic Online strengthens Pragmatic Play’s Argentinian foothold
  • Red Rake teams-up with Spins to maintain ‘significant’ Latvian growth
  • Livespins integrates social live streaming product into Relax Gaming

RSS News from Lottery Daily

  • ASA hits out at Postcode Lottery for ad depicting financial worries
  • BCLC promotes safer gambling in open new PlayNow.com ad
  • UKGC looks for sector knowledge with new Industry Forum
  • KSA funds Dutch pilot projects on harm reduction
  • Lotteries and iGaming Take Centre Stage at SBC Summit Latinoamérica 2023
SBC Americas
ABOUT US
SBC Americas is a trade news portal providing in-depth news about the betting industry from across North and South America. SBC Americas is part of the SBC Global network
Contact us: [email protected]
FOLLOW US
Facebook Twitter Youtube
  • Newsletter
  • About Us
© Sports Betting Community Limited 2023 | Manage cookies
MORE STORIES
Betsson has published its financial results for the third quarter of 2022, reporting its “best quarter ever, driven by both sports and casino”.

Betsson declares $201m Q3 group revenue in ‘best quarter ever’

October 26, 2022

MLB latest sport to embrace gambling with MGM

November 27, 2018

New Jersey poised to overtake Nevada as US sports betting capital

February 13, 2020
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All", you consent to the use of ALL the cookies.
Show Details ACCEPT ALL
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
__cf_bm30 minutesThis cookie, set by Cloudflare, is used to support Cloudflare Bot Management.
ARRAffinitysessionARRAffinity cookie is set by Azure app service, and allows the service to choose the right instance established by a user to deliver subsequent requests made by that user.
ARRAffinitySameSitesessionThis cookie is set by Windows Azure cloud, and is used for load balancing to make sure the visitor page requests are routed to the same server in any browsing session.
AWSALBCORS7 daysThis cookie is managed by Amazon Web Services and is used for load balancing.
botd-request-idsessionNo description
cf_clearance30 minutescf_clearance specifies the duration our website is accessible to a visitor that successfully completed a previous Captcha or JavaScript challenge
cli_user_preference1 yearThis cookie is set by GDPR Cookie Consent plugin. The purpose of this cookie is to store whether or not the user has given consent for cookie usage. It does not store any personal data.
CONSENT2 yearsYouTube sets this cookie via embedded youtube-videos and registers anonymous statistical data.
cookielawinfo-checkbox-advertisement1 yearSet by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category .
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
CookieLawInfoConsent1 yearThis cookie is set by GDPR Cookie Consent plugin. It records the default button state of the corresponding category & the status of California Consumer Privacy Act (CCPA). It works only in coordination with the primary cookie, viewed_cookie_policy.
isChecked4 hoursNo description
PHPSESSIDsessionThis cookie is native to PHP applications. The cookie is used to store and identify a users' unique session ID for the purpose of managing user session on the website. The cookie is a session cookies and is deleted when all the browser windows are closed.
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
VISITOR_INFO1_LIVE5 months 27 daysA cookie set by YouTube to measure bandwidth that determines whether the user gets the new or old player interface.
YSCsessionYSC cookie is set by Youtube and is used to track the views of embedded videos on Youtube pages.
yt-remote-connected-devicesneverYouTube sets this cookie to store the video preferences of the user using embedded YouTube video.
yt-remote-device-idneverYouTube sets this cookie to store the video preferences of the user using embedded YouTube video.
yt.innertube::nextIdneverThis cookie, set by YouTube, registers a unique ID to store data on what videos from YouTube the user has seen.
yt.innertube::requestsneverThis cookie, set by YouTube, registers a unique ID to store data on what videos from YouTube the user has seen.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
CookieDurationDescription
__cf_bm30 minutesThis cookie, set by Cloudflare, is used to support Cloudflare Bot Management.
bcookie2 yearsLinkedIn sets this cookie from LinkedIn share buttons and ad tags to recognize browser ID.
bscookie2 yearsLinkedIn sets this cookie to store performed actions on the website.
langsessionLinkedIn sets this cookie to remember a user's language setting.
lidc1 dayLinkedIn sets the lidc cookie to facilitate data center selection.
UserMatchHistory1 monthLinkedIn sets this cookie for LinkedIn Ads ID syncing.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
CookieDurationDescription
__utma2 yearsThis cookie is set by Google Analytics and is used to distinguish users and sessions. The cookie is created when the JavaScript library executes and there are no existing __utma cookies. The cookie is updated every time data is sent to Google Analytics.
__utmb30 minutesGoogle Analytics sets this cookie, to determine new sessions/visits. __utmb cookie is created when the JavaScript library executes and there are no existing __utma cookies. It is updated every time data is sent to Google Analytics.
__utmcsessionThe cookie is set by Google Analytics and is deleted when the user closes the browser. It is used to enable interoperability with urchin.js, which is an older version of Google Analytics and is used in conjunction with the __utmb cookie to determine new sessions/visits.
__utmt10 minutesGoogle Analytics sets this cookie to inhibit request rate.
__utmz6 monthsGoogle Analytics sets this cookie to store the traffic source or campaign by which the visitor reached the site.
AWSALB7 daysAWSALB is an application load balancer cookie set by Amazon Web Services to map the session to the target.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
CookieDurationDescription
__gads1 year 24 daysThe __gads cookie, set by Google, is stored under DoubleClick domain and tracks the number of times users see an advert, measures the success of the campaign and calculates its revenue. This cookie can only be read from the domain they are set on and will not track any data while browsing through other sites.
_hjAbsoluteSessionInProgress30 minutesHotjar sets this cookie to detect the first pageview session of a user. This is a True/False flag set by the cookie.
_hjFirstSeen30 minutesHotjar sets this cookie to identify a new user’s first session. It stores a true/false value, indicating whether it was the first time Hotjar saw this user.
_hjIncludedInPageviewSample2 minutesHotjar sets this cookie to know whether a user is included in the data sampling defined by the site's pageview limit.
_hjIncludedInSessionSample2 minutesHotjar sets this cookie to know whether a user is included in the data sampling defined by the site's daily session limit.
iutk5 months 27 daysThis cookie is used by Issuu analytic system to gather information regarding visitor activity on Issuu products.
vuid2 yearsVimeo installs this cookie to collect tracking information by setting a unique ID to embed videos to the website.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
CookieDurationDescription
__Host-GAPS2 yearsThis cookie allows the website to identify a user and provide enhanced functionality and personalisation.
_fbp3 monthsThis cookie is set by Facebook to display advertisements when either on Facebook or on a digital platform powered by Facebook advertising, after visiting the website.
fr3 monthsFacebook sets this cookie to show relevant advertisements to users by tracking user behaviour across the web, on sites that have Facebook pixel or Facebook social plugin.
test_cookie15 minutesThe test_cookie is set by doubleclick.net and is used to determine if the user's browser supports cookies.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
CookieDurationDescription
_hjSession_158183430 minutesNo description
_hjSessionUser_15818341 yearNo description
AnalyticsSyncHistory1 monthNo description
AWSALBTG7 daysNo description available.
AWSALBTGCORS7 daysNo description available.
bsidneverNo description available.
GoogleAdServingTestsessionNo description
li_gc2 yearsNo description
li_sugr3 monthsNo description available.
streetcorner11 dayNo description
streetsign11 dayNo description available.
wisepops2 yearsNo description available.
wisepops_activity_sessionsessionNo description
wisepops_sessionsessionNo description available.
wisepops_visits2 yearsNo description available.
Save & Accept