In a significant development for the iGaming and iLottery sector, NeoGames has announced a key senior-level appointment. The industry-leading provider of iGaming and iLottery solutions is set to welcome Motti Gil, a seasoned financial expert, as its new Chief Financial Officer (CFO). This strategic move, announced this week, is expected to shape NeoGames’ financial future starting from August 1, 2023, pending regulatory approvals.
Meet Motti Gil: A Financial Expert with a Proven Track Record
NeoGames has entrusted the role of Chief Financial Officer to Motti Gil, a financial industry veteran with over two decades of experience. Gil’s journey began at Ernst & Young, where he honed his financial skills. His pivotal role as Chief Financial Officer at GoNet Systems for seven years showcased his financial acumen and strategic prowess. However, it was his stint at Aspire Global that set the stage for his current position. Gil’s extensive background and leadership qualities make him the perfect fit for NeoGames’ CFO role.
A Seamless Transition: Collaboration with Outgoing CFO Raviv Adler
Smooth transitions are vital for the success of any leadership change. NeoGames recognizes this and has planned a seamless handover process. Motti Gil will work closely with the outgoing CFO, Raviv Adler, to ensure a seamless transition. Adler, who has been instrumental in NeoGames’ growth, will step down on July 31, 2023. NeoGames CEO Moti Malul praised Adler’s dedication, strategic insights, and leadership that have driven value for the company and its shareholders.
NeoGames’ Expansion in the U.S. Market
The appointment of Motti Gil comes at an exciting time for NeoGames. The company has been making significant strides in expanding its presence in the U.S. market. One noteworthy development is its partnership with the Cordish Companies’ PlayLive! Online Casino in Pennsylvania. Aspire Global, prior to its merger with NeoGames, was selected as the technology partner for this venture, demonstrating NeoGames’ commitment to establishing a strong foothold in the regulated U.S. iGaming market.
Regulatory Approvals: A Crucial Step
NeoGames’ announcement of Motti Gil’s appointment underscores the importance of regulatory approvals in the iGaming industry. The company is taking all necessary steps to ensure compliance with relevant regulations. As the iGaming landscape continues to evolve, regulatory adherence is paramount for success and sustainability.
Moti Malul’s Enthusiasm for the Future
NeoGames CEO Moti Malul expressed his excitement about Motti Gil’s appointment, highlighting Gil’s seven-year tenure as CFO of the publicly-listed Aspire Global Group before the merger. Malul emphasized Gil’s exceptional leadership qualities and extensive financial knowledge. With strong relationships with key stakeholders and a deep understanding of the financial vertical, Gil is poised to play a pivotal role in NeoGames’ future financial endeavors.
NeoGames’ strategic move in appointing Motti Gil as Chief Financial Officer signifies a new chapter in the company’s journey. With a seasoned financial expert at the helm, NeoGames is well-positioned to navigate the complexities of the iGaming industry and continue its expansion efforts, particularly in the U.S. market. As regulatory approvals come into play, NeoGames is primed for growth, and the seamless transition with outgoing CFO Raviv Adler ensures stability during this pivotal time. The iGaming sector is in for an exciting transformation with NeoGames leading the way.