A pair of sports betting deals has the gaming industry asking, 'Who's next?'

. The deal, announced Sunday, was for $29.50 a share, marking a 130% premium to NeoGames' closing price Friday.

Aristocrat is a global leader in attention-getting slot machines. With its purchase of NeoGames, it's declaring its intent to compete in online lottery, casino and sports betting. As Jeffries gaming analyst David Katz wrote in a note Sunday night, "[NeoGames] and the digital gaming group in general, is undervalued by the US market at present levels." Still, he doesn't expect higher valuations in the near future.As the buzz over mergers and acquisitions dominates at gaming conferences, speculation has fallen on SportRadar, a global sports data provider, as a potential takeover target, as well as Gambling.

At the SBC Summit, a top sports gambling conference, last week CNBC asked RSI CEO Richard Schwartz whether he's entertaining offers. "We have an obligation to shareholders and to get the best return we can. And so we're always open to evaluate opportunities," he said, before highlighting the reasons why RSI would be attractive.

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