NEW YORK, March 30, 2021 /PRNewswire/ -- For the fifth
consecutive year, Inspired Entertainment, Inc. ("Inspired")
(NASDAQ: INSE) is producing the Virtual Grand National race to
predict the outcome of the 2021 Grand National Steeplechase, to be
broadcast nationally in the UK at 8:00 p.m.
BST on Friday, April 9. The race is the latest in a series
of re-creations of some of the world's great sporting events
produced by Inspired.
Inspired has previously produced virtual contests based on of
some the world's most iconic sporting events, including the
Kentucky Derby Triple Crown Showdown, The Lexus Melbourne Cup and
the Cox Plate. The Virtual Grand National, which has been developed
in conjunction with Carm Productions, will launch the 2021 Virtuals
season for Inspired, as it looks ahead to future events.
Inspired, the pioneer in Virtual Sports, has the
largest array of Virtual Sports available 24/7, providing a
consistent stream of sports betting content. Its
multi-award-winning Virtual Sports use cutting-edge technology to
create lifelike graphics which mimic the experience of real sports
betting.
"We have gained worldwide recognition for our virtual events,
which have continued to be popular even as live sports have
returned," said Brooks Pierce,
President and Chief Operating Officer of Inspired. "Last year 4.8
million viewers tuned in to watch the Virtual Grand National,
broadcast in place of the real event, driving significant social
media attention."
"The technology used to produce the Virtual Grand National is a
unique predictive offering that can be used for many other sports
events," said Steve Rogers, Chief
Commercial Officer, Virtual Sports for Inspired. "We utilize
a vast array of data points, including historical performance of
participants, within our software to seek to predict who will win
the 2021 Grand National, widely considered to be one of the most
unpredictable events in the world."
Last year's Virtual Grand National, won by Potters Corner,
raised approximately £3 million for National Health Service
charities and €300,000 for medical charities in
Ireland through donations from Inspired and all bookmaker
operators as part of the fight against COVID-19.
"We are delighted to be working with Inspired on the Virtual
Grand National for a fifth consecutive year," said Rob McLoughlin
OBE, Carm Productions, who devised the TV format for UK and
international broadcasters. "Last year the virtual race took center
stage, as the live race was cancelled due to COVID-19, and the
viewership numbers demonstrated the popularity and interest level
in such virtual events. The public support for the Virtual Grand
National and NHS Charities was overwhelming, as millions helped
raise much needed funds for our brave heroes in the NHS by joining
in the fun of one of Britain's greatest sporting
events."
Virtual Sports are popular worldwide and appeal to a wide
variety of players, providing new revenue streams for gaming
providers that can be easily integrated into existing sportsbooks
and websites. 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.
Contact:
For Investors
Aimee Remey
aimee.remey@inseinc.com
+1 646 565-6938
For Press and Sales
inspiredsales@inseinc.com
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SOURCE Inspired Entertainment, Inc.