Inspired Announces Long-Term Contract Extension with Parkdean Resorts
March 26 2024 - 8:00AM
Inspired Entertainment, Inc. ("Inspired" or the "Company") (NASDAQ:
INSE), a leading B2B provider of gaming content, systems and
solutions, announced today that it has signed a long-term contract
extension as the provider of arcade games and entertainment
products to its longtime partner Parkdean Resorts, the UK's largest
holiday park operator.
The new agreement solidifies Inspired's position as the leading
provider of arcade games and entertainment products to Parkdean
Resorts, further enhancing the holiday experience for guests of all
ages. As part of the new agreement, Inspired will also provide its
cashless arcade technology to Parkdean Resorts, making it even
easier for guests to enjoy the wide selection of games and
entertainment options available.
“Inspired continues to innovate and deliver top-quality gaming
content, systems, and solutions to its partners, and the extension
of this partnership with Parkdean Resorts is a testament to the
strong relationship between the two companies.”
said Peter Davies, Managing Director,
Leisure, of Inspired. “Both
companies are committed to providing the very best experiences for
their guests, and this extended partnership will only serve to
enhance the overall holiday experience for visitors to Parkdean
Resorts.”
“We are delighted that our partnership with Inspired continues
to grow.” said David Morrison, Retail Director at Parkdean Resorts.
“At Parkdean Resorts we select only the very best partners to work
with to ensure our guests have the very best experience when they
stay with us. Our relationship with Inspired has been built on
trust and continual delivery. We are looking forward to working
together and introducing new and innovative games and experiences
for our guests to enjoy.”
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. Inspired’s gaming, Virtual Sports, interactive and
leisure products appeal to a wide variety of players, creating new
opportunities for operators to grow their revenue. Inspired
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; digital 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.
About Parkdean Resorts:
Parkdean Resorts is the leading operator of
holiday parks in the UK, welcoming in excess of 3 million
holidaymakers each year. We own and operate 66 award-winning
holiday parks, and have an unrepeatable freehold property footprint
with 3,500 acres of land including forests, peatbogs, rivers,
beaches and headlands in some of the UK’s finest beauty spots. We
are committed to caring for our parks, people, and planet to create
a positive environmental impact on nature and resources, and to
acting responsibly for the long-term sustainability of our
business.
Our 33,000 pitches include a wide range of
accommodation options, from static caravans to luxury lodges and
glamping, as well as touring and camping pitches. We have 20,000
holiday home owners, and sell over 600,000 holidays a year, mainly
to families.
Our team’s commitment to creating amazing
experiences for our holidaymakers has earned us at least one
British Travel Award every year since 2010, most recently winning
three gold awards for Best Company for UK Family Holidays, Best
Company for UK Parks and Lodges Holidays, and Best Company for UK
Short Breaks at both the 2022 and 2023 Awards. We continue to
record excellent visitor reviews with 2023 feedback scores of 4.2/5
on Google, 4.5/5 on Facebook and 4.1/5 on TripAdvisor, while 85% of
people who visited Parkdean would recommend us.
Forward-Looking StatementsThis 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, 2022, and in 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 and on
Inspired’s website at www.inseinc.com.
Contacts:
Investor RelationsIR@inseinc.com+1 646 277
1285
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