NEW YORK, March 4, 2022 /PRNewswire/ -- Inspired
Entertainment, Inc. ("Inspired") (NASDAQ: INSE), a leading B2B
provider of gaming content, systems and solutions, today announced
the launch of its popular online gaming content in the state of
Connecticut with DraftKings. This
marks the third U.S. state in which Inspired is delivering its
online gaming portfolio of products. With this launch, Inspired's
popular and entertaining game themes, including Big Spin Bonus™,
Bullion Bars™ and Gold Cash Free Spins™, are available in the
state for the first time, with more in the pipeline.
Connecticut became the sixth
state in the U.S. to launch legal, regulated online gambling in
October 2021. Online casino gaming is
available with two operators in Connecticut, generating approximately
$19 million in online casino revenue
in January, its third full month of operations.
"We are very excited to launch our best Interactive games early
in the process in Connecticut,
which is in its iGaming infancy," said Brooks Pierce, President and Chief Operating
Officer of Inspired. "We have grown our presence in both
New Jersey and Michigan, where we are now represented with
70% of operators, respectively, and we intend to do the same in
Connecticut. We view the North American iGaming market as a
huge opportunity, and key to our strategy of growing the digital
segments of our business."
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 land-based 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 approximately 50,000 gaming
machines located in betting shops, pubs, gaming halls and other
route operations; virtual sports products through more than 32,000
retail venues and various online websites; interactive games for
170+ websites; and a variety of amusement entertainment solutions
with a total installed base of more than 16,000
terminals. 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," "continue," "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, 2020, and 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
IR@inseinc.com
+1 646 565-6938
For Press and Sales
inspiredsales@inseinc.com
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SOURCE Inspired Entertainment, Inc.