NEW YORK, April 16, 2020 /PRNewswire/ -- Inspired
Entertainment, Inc. ("Inspired") (NASDAQ: INSE) today announced
that it has signed a contract with DraftKings to provide its new
V-Play Plug & Play™ solution, a complete end-to-end online
virtual sportsbook product that allows DraftKings to access
Inspired's award-winning Virtual Sports with minimal integration
effort and rapid speed-to-market. With this contract, the
U.S.-based digital sports entertainment and gaming company that
offers mobile and retail betting for major national and global
sports, will gain access to 14 Virtual Sports variants, including
Basketball, Football, Horse Racing, Soccer and Car Racing, to make
them available to DraftKings' New Jersey customers on desktop and
mobile platforms.
Inspired President and Chief Operating Officer Brooks Pierce said, "We are very excited to team
up with DraftKings to bring Virtual Sports to their passionate
fans. Not only do we have the largest and most advanced portfolio
of Virtual Sports, we tailor our products to sports fanatics with a
combination of fast-paced action, ultra-realistic player
simulations and a tremendous breadth of bet types. We are
looking forward to working with DraftKings on bringing a continual
stream of betting content to their customer base, especially at
this time when there is limited live sports content available."
Included within this contract, DraftKings will gain access to
Inspired's groundbreaking new V-Play NFLA Legends Football and
V-Play Basketball. NFLA Legends Football is an officially licensed
product with the NFL Alumni ("NFLA"), which brings all-time
favorite NFL legends back to the field. It features 11 teams
of alumni legends from some of the biggest teams going head-to-head
in a single game format. V-Play Basketball gives customers an
ultra-realistic basketball experience, created using the latest
motion capture technology and state-of-the-art proprietary software
and featuring bet types that are already popular with consumers for
wagering on live basketball. Since its initial launch in 2019,
V-Play Basketball achieved immediate success, becoming one of the
best performing Virtual Sports online and delivering significant
incremental revenue to Inspired's customers.
The season never ends online with Inspired Virtual Sports,
supporting online and mobile betting 365 days a year, 24 hours a
day, 7 days a week. Please see the Inspired website for trailers
and demos of the latest Virtual Sports offerings at
www.inseinc.com/virtuals/.
About Inspired Entertainment, Inc.
Inspired offers an expanding portfolio of content, technology,
hardware and services for regulated gaming, betting, lottery, and
leisure operators across retail and mobile channels around the
world. The Company's gaming, virtual sports, interactive and
leisure products appeal to a wide variety of players, creating new
opportunities for operators to grow their revenue. The Company
operates in approximately 35 jurisdictions worldwide,
supplying gaming systems with associated terminals and content
for more than 50,000 gaming machines located in betting shops,
pubs, gaming halls and other route operations; virtual sports
products through more than 44,000 retail channels; digital games
for 100+ websites; and a variety of amusement entertainment
solutions with a total installed base of more than 19,000
devices. Additional information can be found
at www.inseinc.com.
Forward Looking Statements
This news release may contain "forward-looking statements"
within the meaning of the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. Forward-looking
statements may be identified by the use of words such as
"anticipate," "believe," "expect," "estimate," "plan," "will,"
"would" and "project" and other similar expressions that indicate
future events or trends or are not statements of historical
matters. These statements are based on Inspired's management's
current expectations and beliefs, as well as a number of
assumptions concerning future events.
Forward-looking statements are subject to known and unknown
risks, uncertainties, assumptions and other important factors, many
of which are outside of Inspired's control and all of which could
cause actual results to differ materially from the results
discussed in the forward-looking statements. Accordingly,
forward-looking statements should not be relied upon as
representing Inspired's views as of any subsequent date, and
Inspired does not undertake any obligation to update
forward-looking statements to reflect events or circumstances after
the date they were made, whether as a result of new information,
future events or otherwise, except as required by law. You are
advised to review carefully the "Risk Factors" section of
Inspired's annual report on Form 10-K for the fiscal year ended
September 30, 2018 and in Inspired's
subsequent quarterly reports on Form 10-Q, which are available,
free of charge, on the U.S. Securities and Exchange Commission's
website at www.sec.gov.
Contact:
Aimee Remey
aimee.remey@inseinc.com
+1 646 565-6938
For Press and Sales
inspiredsales@inseinc.com
www.inseinc.com
@Inspired_News
View original content to download
multimedia:http://www.prnewswire.com/news-releases/inspired-signs-virtual-sports-contract-with-draftkings-301042290.html
SOURCE Inspired Entertainment, Inc.