NeoGames Appoints Motti Gil as New Chief Financial Officer

NeoGames, a leading provider of end-to-end iLottery and iGaming solutions, has announced the appointment of Motti Gil as its new Chief Financial Officer.

The appointment will take effect on August 1, 2023, pending regulatory approvals. Gil will succeed Raviv Adler, who will step down from his position on July 31, 2023, to pursue another opportunity. During the transition, Gil and Adler will work closely together to ensure a seamless handover.

Motti Gil brings with him over 20 years of global financial and operational experience, making him a seasoned executive in the industry. He has served as the CFO of Aspire Global since 2016, including five years during its time as a publicly listed company before its acquisition by NeoGames. Prior to joining Aspire, Gil spent seven years as the CFO of GoNet Systems, a wireless technology company.

His career also includes finance executive and controller positions in both private and publicly listed companies in the telecom technology industry. Gil began his career at Ernst & Young, a global professional services firm.

Motti Gil has been with the Company for seven years, serving as the CFO of the publicly-listed Aspire Global Group before the merger last year. Throughout his tenure, he has consistently demonstrated exceptional financial acumen and leadership skills. He has played a pivotal role in overseeing critical financial operations and has built strong relationships with key stakeholders. Motti is the ideal candidate to assume this role at this time.

Moti MalulCEO of NeoGames

Malul also took the opportunity to acknowledge the significant contributions made by Raviv Adler during his time as CFO, saying, "We cannot overstate the immense impact Raviv has had on NeoGames' success. His unwavering dedication, strategic insights, and exceptional leadership have shaped our Company and delivered value to our shareholders. We are genuinely thrilled for Raviv as he embarks upon a new opportunity, and we wish him all the best in his future endeavors."

The appointment of Motti Gil as Chief Financial Officer signals NeoGames' commitment to maintaining its position as a leading provider of iLottery and iGaming solutions. With Gil's extensive experience and expertise, the Company is well-positioned to navigate the financial landscape and continue its growth trajectory. NeoGames remains focused on delivering innovative solutions and exceptional experiences to its customers and shareholders alike.