NEW YORK, Jan. 25, 2021 /PRNewswire/ -- Inspired
Entertainment, Inc. ("Inspired") (NASDAQ: INSE) announced
today it has signed a new long-term agreement with Entain plc (LSE:
ENT) to provide its Virtual Sports products across Entain's online
brands and retail venues. This represents a significant extension
in scope and duration to the current arrangements with the
group. Entain is one of the world's largest sports
betting and gaming groups, operating in the online and retail
sector in more than 20 countries. Via its proprietary
technology platform, Entain offers sports betting, casino, poker
and bingo online using some of the industry's most iconic brands
such as Ladbrokes, Coral, BetMGM, bwin, Sportingbet, Eurobet,
partypoker, partycasino, Gala and Foxy Bingo.
"Inspired and Entain have been collaborating closely for the
past decade through a successful partnership in both the online and
retail channels," said Brooks
Pierce, President and Chief Operating Officer of
Inspired. "This new agreement is testament to the strength of
our offerings and we look forward to extending our long-standing
relationship and opening it up to new territories for Inspired,
including North America, with
Entain's recognized brands."
"Inspired has been a trusted key supplier and their Virtuals
have proven to be very popular with our customers in both our
retail venues and via our interactive platforms," said Sandeep Tiku, Chief Operating Officer of
Entain. "We have been impressed with their continued
innovation in Virtuals and we are excited that even more of our
customers will be able to enjoy Inspired's best-in-class content
for the first time."
Inspired's multi award-winning Virtual Sports are popular
worldwide, appealing to a wide variety of players through more than
40,000 retail channels and 100+ websites in 35 countries.
Trailers and demos of the latest Virtual Sports offerings are
available 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.
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
December 31, 2019 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.
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SOURCE Inspired Entertainment, Inc.