NEW YORK, Sept. 22, 2020 /PRNewswire/ -- Inspired
Entertainment, Inc. ("Inspired" or the "Company") (NASDAQ: INSE)
today announced a new contract with GVC (LSE: GVC), one of
the world's largest sports betting and gaming groups, to bring
Inspired's Virtuals to ten websites across GVC's recognized online
brands. Inspired's award-winning Virtual Sports content has
been integrated into GVC's proprietary sportsbook platform with
content streamed using Inspired's cloud platform.
Inspired has launched six channels of Virtuals on GVC websites,
including soccer, the 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. V-Play
Basketball launched in 2019 and has become one of the best
performing Virtual Sports online, delivering significant
incremental revenue to Inspired's customers.
GVC offers sports betting, casino, poker and bingo across its
unique proprietary technology platform. GVC operates some of the
industry's most popular online brands including bwin, Sportingbet
and partypoker. In March 2018,
GVC acquired Ladbrokes Coral Group PLC, adding Ladbrokes, Coral and
Gala to its portfolio of iconic gaming brands.
"We have had a long and beneficial relationship with GVC and we
are looking forward to expanding it," said Brooks Pierce, President and Chief Operating
Officer of Inspired. "GVC has some of Europe's leading online gaming brands,
including bwin, which is synonymous with online sports betting, and
we are thrilled to add these brands to our portfolio of Virtual
"We are delighted to offer Inspired's high-performing Virtual
Sports across our vast array of Sports brands on the GVC
platform," said Raja B-Sheikh,
Sports Product Director of GVC. "In these challenging times and
given the significant impact on the global sporting calendar during
the last four months; Virtual Sports content has demonstrated its
potency and has an exciting future role to play in Sportsbook.
Inspired's Virtuals give us ultra-realistic, fast-paced action with
a multitude of bet types to complement our existing offering. We
look forward to working closely with the Inspired team to continue
progressing the product across our online channels."
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,
social 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.
This news release contains "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
December 31, 2019, which is
available, free of charge, on the U.S. Securities and Exchange
Commission's website at www.sec.gov.
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SOURCE Inspired Entertainment, Inc.