Motti Gil Bids Farewell to NeoGames After 8.5 Years

Motti Gil, a seasoned finance executive, has ended his stint as Chief Financial Officer (CFO) at NeoGames, which now forms part of Aristocrat Interactive. 

Motti Gil Wraps Up CFO Role at NeoGames, Credits Team for Company’s Milestones

Gil’s last day in the role was December 31 capping off more than eight years of steering the company through key growth and change. Looking back on his time there in a LinkedIn post, Gil felt proud of what the company had done and thankful for the chances and hurdles that helped him grow as a leader.

He gave credit to the teamwork of the NeoGames staff, including those at Aspire Global Pariplay, and BtoBet, for playing a big part in the company’s wins. Though he did not share what job he was taking next, Gil hinted that he had some exciting things coming up.

Gil first came on board with Aspire Global back in 2016 as CFO. In this role, he had a big impact on the company’s growth and handled major buyouts and mergers. His guidance was key in Aspire Global’s purchase of Pariplay, a top aggregator and content provider, and BtoBet, a sportsbook and tech supplier.

These smart moves helped Aspire Global cement its place in the market setting the stage for NeoGames to buy the company in 2023. After the buyout, Gil stepped into the CFO position at NeoGames where he kept pushing the company’s growth forward.

Motti Gil Departs NeoGames After Spearheading $1.2B Acquisition by Aristocrat

During Gil’s time as leader, NeoGames saw big money gains and grew its reach in online lottery and gambling. The company did so well that Aristocrat Leisure bought it in 2024 for about $1.2 billion. Aristocrat paid $29.50 for each share of NeoGames stock. This deal was a big step for Aristocrat making it stronger in online gaming and helping it do more in the digital world.

The deal wrapped up after a string of regulatory green lights, including those from the Nevada Gaming Commission and other governing bodies. With NeoGames now part of Aristocrat’s Interactive division, the move has boosted Aristocrat’s revenue, with the Interactive division seeing an 83.9% jump. 

Gil’s exit signals the close of a chapter for NeoGames, as his financial expertise and smart planning have made a big mark on the company. His guidance helped NeoGames navigate tricky mergers and grab chances in the world gaming market. As NeoGames moves forward under Aristocrat’s wing, Gil’s touch is still clear in the company’s expansion and market standing.