First Floor
107 Station Street
Burton Upon Trent
Staffordshire
United Kingdom
DE14 1SZ
Phone: +44 (0) 128 351 2777
Fax: +44 (0)1283 240 380

Key Personnel

Lorne Weil - Executive Chairman
Brooks Pierce - President and COO
Daniel Silvers - Chief Strategy Officer
Carys Damon - General Counsel
Stewart Baker - Chief Financial Officer

About Inspired Entertainment

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 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.

Inspired Entertainment Videos and Product Demos

Latest News

INSPIRED LAUNCHES FOLLOW THE HONEY, A BEE-THEMED ONLINE AND MOBILE SLOT GAME

12 MAY 2022 – Inspired Entertainment, Inc. (“Inspired” or the “Company”) (NASDAQ: INSE) is pleased to announce the launch of Follow the Honey™, a 5x3 reel, 20 win-line online and mobile slot game.

Brimming with the sweet nectar of wins, Follow the Honey is set in the colorful woodlands and features expanding Wild Queen Bee symbols, Worker Bee reel modifiers, and a progressive Free Spins round.

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Throughout the base game, the flying Worker Bees can appear and create additional wins or add bonus symbols to the reels, offering players extra chances of base game wins. The honey pot scatter symbols trigger the Free Spins bonus round, where a progressive trail appears above the reels.

Players get the chance to win extra Free Spins and knock-out lower paying symbols as they advance along the trail by spinning in the Queen Bee. The Bonus Trail features 13 multiplier increments and a four-stage modifier. Reaching the next stage in the Bonus Trail, upgrades the game’s reel symbols by removing lower symbols and awarding the player an additional five Free Spins.

Claire Osborne, VP Interactive at Inspired, said: “Follow the Honey is the perfect game to kick off the summer season! It is a vibrant, fun game, filled with colourful symbols combined with great mechanics. It rewards players fairly, offering them multiple chances to win cash prizes - throughout the base game and in the bonus round. We’re thrilled to be adding Follow the Honey, our first bee-themed game within our growing iGaming portfolio.”

Follow the Honey is a medium volatility game, with a return to player (RTP) rate of 95%, aimed at the casual online casino player.

Head over to Inspired’s website to sample Follow the Honey here: https://inseinc.com/interactive/games/follow-the-honey

For all Inspired’s other online and mobile games, head here: https://inseinc.com/interactive/games

INSPIRED EXPANDS ITS PARTNERSHIP WITH KAIZEN GAMING

NEW YORK, May 5, 2022 - Inspired Entertainment, Inc. (“Inspired” or the “Company”) (NASDAQ: INSE) is excited to announce the expansion of its partnership with Kaizen Gaming. This agreement builds on great success with Stoiximan in Greece, and paves the way for the partnership’s global expansion with the launch of Inspired’s virtual events with Kaizen Gaming’s Betano brand.

The relationship between Inspired and Kaizen Gaming has continued to grow with our collaboration on a major expansion within Greece, which saw the introduction of Inspired’s virtual gaming through V-Play Soccer 3™, swiftly followed by a range of further Inspired products. Kaizen Gaming has established itself as one of Europe’s fastest-growing and most innovative game-tech companies, operating the Stoiximan brand in Greece and Cyprus and expanding with the Betano brand in eight more countries, including Germany, Bulgaria, Romania and Portugal. Betano customers will soon have access to Inspired’s greatest next-gen games, including its wide variety of racing products—from horses to dogs and even marbles!

“We have worked very closely with the teams from Kaizen Gaming for the past year,” said Steve Rogers, Chief Commercial Officer of Virtuals at Inspired. “Our inaugural Virtuals campaign through Stoiximan in Greece was hugely successful, bringing Greek customers new ways to enjoy and experience betting. We look forward to expanding our partnership with Kaizen Gaming and extending our portfolio into new jurisdictions, which will be critically important to achieving our goals.”

“Inspired’s passion for innovation and high quality of products were major reasons we joined forces with them,” said Vangelis Kalloudis, Gaming Product Manager at Kaizen Gaming. “Following a very successful first year of collaboration with Stoiximan in Greece, we’re delighted to be bringing the same work and commitment to our Betano customers, so they can experience Inspired’s next-gen gaming products first-hand.”

INSPIRED TO PROVIDE ADDITIONAL 700 TERMINALS TO SASKATCHEWAN VLT PROGRAM

Inspired awarded additional units following strong Valor™ performance

NEW YORK, April 12, 2022 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired" or the "Company") (NASDAQ: INSE) today announced it has been awarded an additional 700 Valor™ video lottery terminal ("VLT") placement by Western Canada Lottery Corporation ("WCLC"), acting on behalf of the Saskatchewan Liquor and Gaming Authority ("SLGA"), following a formal Request for Quotation (RFQ) process. Inspired will provide an updated Valor™ cabinet with several new game themes specifically tailored for the Saskatchewan market as part of the Company's continued commitment to North America. The additional Valor™ terminals are expected to be delivered by the end of 2022 with new games to be released throughout 2022 and 2023.

"We are thrilled to deploy additional VLT products into Canada in partnership with WCLC, as it is a testament to the successful launch and ongoing performance of the initial 100 units deployed in 2021," said Brooks Pierce, President and Chief Operating Officer of Inspired. "We are proud of our launch in Saskatchewan and the great working partnership we have developed with the WCLC VLT team to launch our products, especially during the global pandemic. We will continue to innovate and improve on our offerings as we build on this foundation and cement our presence in North America."

"We have been impressed with Inspired's Valor™ VLT and their commitment to launch the product, which we have been operating for the past year in Saskatchewan," said Eric Karmark, WCLC Vice President, VLT Gaming and Operations. "Valor™ has had strong comparative performance and we appreciate the depth and quality of the new and existing game styles, which we believe will offer an exciting and varied experience to Saskatchewan VLT players."

UK Jockey Club Again Chooses Inspired to Produce Virtual Grand National Races on April 8th

April 5, 2022 — For the sixth consecutive year, Inspired Entertainment, Inc. ("Inspired" or the “Company”) (NASDAQ: INSE) will produce the Virtual Grand National (VGN) race and Virtual Grand National Race of Champions, kicking off the excitement of the 2022 Grand National Festival.

The two virtual races, developed in conjunction with Carm Productions, will delight viewers again the day before the one of the most famous race of all time. The Virtual Grand National brings to life the actual 40 horses and riders, in an attempt to predict the outcome of the 2022 Grand National. The Virtual Grand National Race of Champions tests previous winners and other legendary horses as they run against each other.

Arkle, an Irish Grand National, three-time Cheltenham Gold Cup winner and one of the greatest steeplechasers in horse racing history, will make his debut in Inspired’s Virtual Grand National Race of Champions. Arkle will join National Hunt legends such as Desert Orchid, Dawn Run, Tiger Roll, and Kauto Star as they compete against twenty Grand National winners, led by the legendary Red Rum.

"I’m delighted to announce the return of Inspired’s Virtual Grand National races as a curtain-raiser for one of the world’s greatest horse races," said Brooks Pierce, President and Chief Operating Officer of Inspired. “We have gained worldwide recognition for our virtual events, and the Virtual Grand National races are truly a unique product. Once again, they will add a compelling experience to our customers’ retail and digital channels in advance of the year’s highest-profile horse race.”

"The technology we use to produce the Virtual Grand National races is a unique predictive offering that can be applied to many other sports events," said Steve Rogers, Chief Commercial Officer, Virtual Sports for Inspired. "Our software uses a vast array of data points, including historical performance of participants, to make predictions about who will win the 2022 Grand National, widely considered to be one of the most unpredictable events in the world."

"We are delighted to be working with Inspired on the Virtual Grand National races for a sixth consecutive year," said Carm Productions’ Rob McLoughlin, OBE, who devised the TV format for UK and international broadcasters. "The realism and quality of graphics in Inspired’s Virtual Grand National races deliver a premium experience, and I have no doubt that viewers will be thrilled with the opportunity to watch Arkle make his debut in the Virtual Grand National Race of Champions.”

In association with the Jockey Club, Inspired’s Virtual Grand National special will be broadcasted on ITV4 Friday, April 8th, 2022, at 9:15 pm (GMT) and again on April 9th at 1:00pm (GMT).

Virtual Sports are popular worldwide and appeal to a wide variety of players, providing new revenue streams that gaming providers can easily integrate into existing sportsbooks and websites. Trailers and demos of the latest Virtual Sports offerings are available at www.inseinc.com/virtuals/.

INSPIRED LAUNCHES REEL LINKING, A CLASSIC ONLINE AND MOBILE SLOT GAME

4 April 2022 – Inspired Entertainment, Inc. (“Inspired” or the “Company”) (NASDAQ: INSE) is pleased to announce the launch of Reel LinKing™, a 5x3 reel, 20 win-line online and mobile slot game from the iconic and popular Reel King™ brand.

Featuring the franchise’s much-loved and well-renowned protagonist, the Reel King, this latest installment is packed with big wins and potentially lucrative cash pay-outs. Its classic slot symbols combined with high quality graphics offers players an easy-to-play, unique and entertaining iGaming experience.

Reel LinKing features two of Inspired's popular bonus mechanics, the classic Reel King Five “ding” bonus and the modern Win & Spin™ bonus. Triggering the Reel King bonus with five yellow dings on all the reels presents the king for an exciting win streak bonus round.

Six or more coins anywhere on the reels in the base game triggers the game’s Win & Spin bonus. As an added extra, if three coins land in a row the famous Reel King will make an appearance at the end to offer players extra winnings.

The optional dual gamble wheel mechanic offers both cash and gamble to Win & Spin mechanics, topping out the feature rich and exciting Reel Linking game.

Steve Collett, Chief Product Officer at Inspired, said: “Reel LinKing is a move from our classic Astra studios Reel King game, with all the classic ding bonus mechanics, combined with the popular Win & Spin feature. Players old and new will love this game and it’s already one of my favourite titles of the year.”

Claire Osborne, VP Interactive at Inspired, said: “Reel LinKing combines the thrill of a classic slot with Inspired’s cutting edge bonus mechanics. Its vibrant, highly popular, and instantly recognizable Reel King character will no doubt appeal to multiple players across an array of markets, from loyal fans of the franchise to inquisitive newbies. It is a medium-volatility game offering frequent base game wins, creating a fun and relaxed gaming experience that many players can enjoy. We’re thrilled to be adding Reel LinKing to our growing portfolio of premium iGaming content.”

With a return to player (RTP) rate of 95%, Reel LinKing is a medium volatility game aimed at the casual online casino player.

Head over to Inspired’s website to sample Reel LinKing here: https://inseinc.com/interactive/games/reel-linking

For all Inspired’s other online and mobile games, head here: https://inseinc.com/interactive/games

INSPIRED LAUNCHES MULTI-STREAM MATCHDAY™ IN ITALY WITH SISAL

24 March 2022 – Inspired Entertainment, Inc. (“Inspired” or the “Company”) (NASDAQ: INSE) is
excited to announce the arrival of Multi-Stream Matchday™, the new V-Play Soccer game for online and retail players in Italy. Sisal, a long-term partner of Inspired, is set to be the first Italian customer to launch this brand-new Virtual Sports game to its online player base on www.sisal.it.

This new product offers customers the chance to engage with eight simultaneous soccer games and choose which of the eight streams to watch at any point. As a variant of the Matchday Ultra™ product, players get to wager across up to eight matches and create accumulator/parlay bets that deliver higher prizes. In addition, with Multi-Stream Matchday, players get to see highlights of every single match on dedicated channels instead of the picture-in-picture or single-game display available to this point.

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“Sisal has been Inspired’s partner since the Italian market opened in 2014 and we have worked together to bring a number of exciting new concepts to the Italian market,” said Steve Rogers, Chief Commercial Officer of Virtual Sports. “Multi-Stream Matchday joins V-Play Soccer™, V-Play Penalties™ and our new Women’s Soccer products to provide a full suite of Soccer products. The enthusiasm which has been shown towards our latest game, Multi-Stream Matchday, is further confirmation of the popularity of our Virtual Soccer product set, and we are excited to see these games attract new players and grow in popularity across multiple jurisdictions."

Multi-Stream Matchday is hosted and delivered from Inspired’s cloud platform which is a flexible and cost-effective way of streaming content to online and mobile players. To see Inspired’s Virtual Sports available online and on mobile, please visit https://inseinc.com/virtuals/virtuals-on-demand/.

MOZZARTBET INTRODUCES INSPIRED'S V-PLAY PLUG & PLAY™ TO SERBIA

23 March 2022 – Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) is excited to announce that its V-Play Plug & Play™ application has gone live within the Serbian market in partnership with gambling and sports betting operator, Mozzart. Mozzart is a leader within the gambling and sports betting throughout the Eastern Europe region, with operations in Serbia, North Macedonia, Croatia, Malta, Romania as well as in Kenya, and Colombia. V-Play Plug & Play offers a complete end-to-end online and mobile product solution, which is the next step in upgrading Mozzart’s Virtual Sports offering. Through minimal integration effort, Mozzart players can now access Inspired's award-winning scheduled Virtual Sports via a direct wallet integration.

“With Mozzart being a leading online gaming operator in the Eastern Europe region, both companies are excited to see about the potential for online and mobile Virtual Sports on the platform," said Steven Rogers, Chief Commercial Officer of Virtual Sports at Inspired. "Launching our Virtual Sports RGS platform allows us the opportunity to fully showcase our capabilities and to change how the market accesses and plays our games."

"Inspired has always been on the front foot when it comes to innovation and upgrading the customer journey for players of Virtuals. Introducing VPP is the next step in our journey, allowing us to engage with our consumers with Virtual Sports in a whole new way," said Katarina Masal, Virtual Games Sector Manager at Mozzart. "With their wide portfolio of Virtual Sports content, we can provide our consumers with the full package, from Soccer and Basketball to Horse Racing and Marbles."

To learn more about Inspired's Virtuals, head here: https://inseinc.com/virtuals/.

INSPIRED LAUNCHES BIG FISHING FORTUNE IN UK RETAIL

23 March 2022 — Inspired Entertainment, Inc. (“Inspired” or the “Company”) (NASDAQ: INSE) is pleased to announce the launch of its latest slot game, Big Fishing Fortune™, a fishing-themed game that invites players to go on a fun and lucrative fishing adventure. This 5-reel, 3-row, 10 win-line fishing expedition slot features a friendly fisherman, Wilds and a Big Fishing Fortune Bonus that awards unlimited Free Spins.

Players will need to cast their hook and line to reel in three or more bonus symbols to trigger the Big Fishing Fortune Bonus. During the Big Fishing Fortune Bonus, players will have unlimited free spins until the fisherman catches the Big Fish Value. The Big Fish Value is determined in the match-3 game.

In the match-3 game, players will be presented with 6, 9 or 12 identical titles depending on the number of bonus symbols used to trigger the feature. Selecting these symbols one at a time will uncover a Big Fish Value, which can be up to 100x the stake.

Players should watch out for the fisherman and any fish landing in view during the bonus. The values shown on the fish will be paid—and if more than one fisherman appears, each fish is awarded again for every extra fisherman in view, offering players potentially lucrative cash pay-outs and a guaranteed Big Fish win!

Big Fishing Fortune’s online success was a catalyst for its conversion into a UK B3 game, supporting Inspired’s omni-channel strategic approach in offering multi-faceted content to its retail customers. Big Fishing Fortune is a Big Bonus style game that features Inspired’s game-changing Free Spins mechanic, which was released in August 2020 and has quickly earned loyal, active players. Due to player demand, this mechanic is taking a more dominant place on Inspired’s retail and iGaming roadmaps for 2022. Big Fishing Fortune gives players an all-round fun and engaging gaming experience, whether online, on mobile, or now on retail cabinets.

Steve Collett, Chief Product Officer at Inspired, said: ‘’We’re thrilled to be launching Big Fishing Fortune in UK retail. We are confident this slot will appeal to new players and players familiar with the brand online. As Inspired continues to expand its omni-channel portfolio, the Company has found it’s important for retail customers to be able to play their favourite games online as well.”

INSPIRED LAUNCHES FORTUNE FREESPINS, A CHINESE-THEMED ONLINE & MOBILE SLOT GAME

18 March 2022 – Inspired Entertainment, Inc. (“Inspired” or the “Company”) (NASDAQ: INSE) is pleased to announce the launch of Fortune Freespins™, a Chinese version of Inspired’s top-performing, hit slot, Gold Cash Free Spins™. 

With a reel configuration of 5x4 and 40 win-lines, Fortune Freespins pays homage to Eastern symbols of luck, prosperity and good fortune, giving players auspicious chances of potentially lucrative cash pay-outs.

Fortune Freespins exudes visual vibrancy coupled with Inspired’s highly popular Gamble to Free Spins bonus feature and mechanics, as showcased on Gold Cash Free Spins. Upon landing three scatters on reels one, three and five, the game’s highly entertaining Free Spins bonus round is triggered. Players are awarded eight Free Spins, where only the top three symbols are played for, while stacks of identical symbols award players with mega wins.

Claire Osborne, VP Interactive at Inspired, said: “We’re thrilled to welcome Fortune Freespins into our growing portfolio of premium iGaming slots. As the Chinese version of our best performing slot of all time, Gold Cash Free Spins, Fortune Freespins’ gamble feature and overall mechanics are tried and tested, therefore we’re confident this game will do well within multiple markets. With its propitious symbols of luck, this game is seeing in the Chinese Year of the Tiger in full glory, for rip-roaring success.”

With a return to player (RTP) rate of 95%, Fortune Freespins is a medium volatility game aimed at the casual online casino player.

Head over to Inspired’s website to sample Fortune Freespins here: https://inseinc.com/interactive/games/fortune-freespins

For all Inspired’s other online and mobile games, head here: https://inseinc.com/interactive/games

INSPIRED ENTERTAINMENT RECEIVES GAMING-RELATED SUPPLIER LICENSE FROM THE ALCOHOL AND GAMING COMMISSION OF ONTARIO

March 17, 2022 – Inspired Entertainment, Inc. (“Inspired” or the “Company”) (NASDAQ: INSE) has received a gaming-related supplier licence from the Alcohol and Gaming Commission of Ontario (AGCO) and plans to launch its portfolio of iGaming products in Ontario early in the second quarter of 2022.

This licence authorises Inspired to offer its games to AGCO-approved operators serving the province of Ontario. Inspired will have 25 games certified in time for the market launch including top titles such as Big Spin Bonus™, Big Fishing Fortune™ and retro classic Space Invaders®.

Claire Osborne, VP Interactive at Inspired, said, “Ontario’s iGaming market officially opens to licensed operators on April 4th, 2022, and we couldn’t be more excited to be a part of the newly regulated iGaming market. With a population of nearly 15 million people, Ontario's demographics compare favorably to states like New Jersey or Michigan where we already operate. We expect Ontario to present a significant market opportunity for us, and we look forward to players in Ontario enjoying our games.”

Inspired already has a presence in Canada: Loto-Québec, a long-time customer, currently offers Inspired’s best-in-class Interactive casino content on its online gaming website, lotoquebec.com. Inspired also has several partnerships in many regulated markets south of the border, including New Jersey, Michigan, and Connecticut.

For all Inspired’s online and mobile games, head here: https://inseinc.com/interactive/games

Inspired Reports Fourth Quarter And Full Year 2021 Unaudited Results

NEW YORK, March 11, 2022 /PRNewswire/ -- Fourth Quarter Revenue of $67.0 million demonstrates continued momentum and strong demand throughout each of our business lines; represents 71% growth over Fourth Quarter 2020 excluding reported1 VAT-related revenue

Fourth Quarter Interactive Revenue up 36% and Virtual Sports Revenue up 26% year over year; forward pipeline of growth opportunities in the Americas and Europe, including our recent iGaming license in Ontario and iGaming launch in Connecticut

Fourth Quarter Net Loss of $1.2 million, compared to Net Income of $3.1 million in prior-year period

Fourth Quarter Adjusted EBITDA2 of $22.0 million; represents 586% growth over Fourth Quarter 2020 excluding reported VAT-related income

Acquisition of Sportech Lotteries, which operates in the Dominican Republic, closed in December 2021, will expand Inspired's content reach to new customers and geographies and build out a platform of turnkey lottery/iGaming systems solutions

Warrant exercises during the Fourth Quarter resulted in cash proceeds of $30.5 million; all remaining warrants expired in December 2021

Liquidity position of approximately $74.8 million at year end, consisting of approximately $47.8 million of cash and approximately $27.0 million of undrawn revolver availability3


Inspired Entertainment, Inc. ("Inspired" or the "Company") (NASDAQ: INSE), a leading B2B provider of gaming content, systems and solutions, today reported unaudited financial results4 for the three-month period and fiscal year ended December 31, 2021. The results reflect continued growth in the Interactive and Virtual Sports segments and robust recovery in the Gaming and Leisure segments following customers' retail venues reopening following COVID-19 lockdowns.

Total Revenue was $67.0 million in the three months ended December 31, 2021, on a reported basis1, compared to $71.7 million in the prior-year period. Total Revenue would have increased 70.9% year-over-year if the $32.5 million payment from a UK LBO customer related to our contractual revenue share of the customer's value added tax (VAT) rebate ("VAT-related revenue") in fourth quarter 2020 were excluded.

Net loss was $1.2 million in fourth quarter 2021, or $0.05 per basic and diluted share, compared to net income of $3.1 million, or $0.14 per basic and $0.12 per diluted share, in the prior-year period.

Adjusted EBITDA was $22.0 million in fourth quarter 2021, compared to $34.9 million in the prior-year period. Adjusted EBITDA would have increased 586% year-over-year if $31.7 million of income in fourth quarter 2020 related to the VAT-related revenue and associated third party fees ("VAT-related income") were excluded.

Adjusted EBITDA Margin1 was 32.8% in fourth quarter 2021 compared to 48.6% in fourth quarter 2020. Fourth quarter 2021 Adjusted EBITDA Margin would have increased by approximately 2,461 basis points year-over-year when compared to the fourth quarter 2020 Adjusted EBITDA Margin of 8.2% if VAT-related revenue and income were excluded.

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1 Reported income statement results assume GBP:USD exchange rate was 1.35 for the three months ended December 31, 2021 and GBP 1.32: USD 1.00 for the three months ended December 31, 2020.

2 "Adjusted EBITDA" and "Adjusted EBITDA Margin" are non-GAAP financial measures defined below under "Non-GAAP Financial Measures" and reconciled to the most directly comparable GAAP measures in the accompanying supplemental table. Adjusted EBITDA Margin is calculated as a percent of Revenue.

3 GBP:USD exchange rate of 1.35 as of December 31, 2021.

4 Please see supplemental disclosures at the end of the release.


"We are pleased with our fourth quarter results, as we were able to achieve double-digit, year-over-year top and bottom-line growth across our business units, on an organic basis when excluding the impact of VAT-related revenue and income from 2020," said Lorne Weil, Executive Chairman of Inspired. "Our results this past year are evidence of our ability to drive sustainable, long-term growth and profitability. The consistent momentum we saw building throughout 2021 and the strong demand that continues to exist for our products across each of our business lines, including the industry outlooks for land-based gaming coming out of COVID-19 and sustainable online growth trends, further support our confidence in the long-term outlook for the Company."

Weil continued, "We have a clear pathway for growth, and we continue to make progress in our North American strategic initiatives to lay the groundwork for future growth opportunities. At the end of fourth quarter of 2021, we acquired Sportech Lotteries, which provides us with a footprint for North American lotteries, bolsters our positioning in the growing iLottery market and enhances our ability to offer a platform with a full turnkey lottery/iGaming solution to our customers. In addition, subsequent to the end of the fourth quarter of 2021, we launched our Interactive games in Connecticut, our third U.S. iGaming market, and received an iGaming license in Ontario with plans to go live early in the second quarter. We believe we are still in the early innings in North America and we are excited about our prospects for the year ahead and beyond. We remain confident in our positioning within each of our addressable markets and the significant growth opportunities ahead of us."

"We delivered strong fourth quarter results driven by sustainable and diversified growth and our focus on operational efficiency. We also further bolstered our liquidity position to $74.8 million at the end of the year with $30.5 million of aggregate cash proceeds from warrant exercises. We believe our current capital structure and liquidity position give us more flexibility to deliver on our strategic plan and maximize shareholder value than we have had at any time since becoming a public company," concluded Weil.

Recent Highlights (as of March 11, 2022)

Corporate

Sportech Lotteries Acquisition - On December 31, 2021, Inspired completed the acquisition of Sportech Lotteries, LLC with the principal asset being the lottery systems contract to provide online and retail lottery services, as well as the upcoming launch of Sportech's iLottery solution, to Loteria Electronica Internacional Dominica S.A. ("LEIDSA") of the Dominican Republic. The business operates more than 2,100 land-based outlets as well as software and field service support and is expected to launch digital lottery sales during 2022. Concurrent with this acquisition, Inspired secured a 10-year extension to the LEIDSA contract, which now is in effect until March 2035.
Warrant Expiration – All of the Company's then-remaining outstanding warrants expired on December 23, 2021. Prior to expiration, an aggregate of 14,351,588 warrants were exercised to acquire the Company's common stock, resulting in the issuance of 3,679,015 shares and cash proceeds to Inspired of $30.5 million.

Interactive

New Customers – Interactive content was launched with 16 new operator brands during fourth quarter 2021, including WynnBET® in Michigan. Inspired is now live with operators representing approximately 70% of wagering volume in Michigan and New Jersey.
Expanded Portfolio of Interactive Aggregators – Launched a selection of premium slots on GAN's content aggregation platforms during fourth quarter 2021.
New Jurisdictions –In the first quarter 2022, we received an iGaming license from the Alcohol and Gaming Commission of Ontario and plan to launch our online gaming portfolio of products in Ontario early in the second quarter 2022. Also in the first quarter, our Interactive games went live with DraftKings in Connecticut.
New Content – 13 games were launched during fourth quarter 2021 across the estate including Space Invaders™, Big Fishing Fortune™, Merry Christmas Megaways™ and Christmas Cash Spins™.

Virtual Sports

Retail and Online Virtual Sports Agreements – During the fourth quarter 2021, Inspired signed Virtual Plug & Play™ (VPP) agreements with multiple operators including Napoleon, FonBet and BetPlay (Colombia). VPP allows online players to access multiple Virtual Sports via an intuitive player interface. Inspired also concluded an extension of an agreement with Scientific Games to deploy online virtual sports alongside the OpenArena sportsbook platform.
Online Virtual Plug & Play™ ("VPP") Launches –During the first quarter 2022, Inspired launched VPP with Napoleon in Belgium.
New Products – During the fourth quarter 2021, Inspired signed contracts with the Major League Baseball Players Alumni Association (MLBPAA) and with the estate of Babe Ruth for virtual representation of these legendary players to be included in its Home Run Shoot Out™, a virtual homerun hitting competition currently in development.
New Retail Deployment - Our Virtual Sports products launched on Fortuna's Croatian retail estate in the fourth quarter 2021, which consists of approximately 200 venues and we expect this to extend to a further 1,200 self service betting terminals during 2022.

Gaming

103 Valor™ Sales in Illinois – Fourth quarter 2021 sales brought total Valor™ terminal sales in North America since launch to 703. The Company has commitments to sell 78 additional units in Illinois in the first quarter 2022.

Leisure

New Pubs Content – Two popular Inspired themes, Centurion™ and Catch of the Day™, launched on its Prismatic cabinet for the Category C pub markets in the UK during the fourth quarter 2021. Both titles have performed strongly and are now consistently in the top five performing games.
Holiday Parks – The extended season exceeded revenue expectations for the quarter with four new parks coming on stream in first quarter 2022.

 

Non-GAAP Financial Measures

We use certain non-GAAP financial measures, including EBITDA and Adjusted EBITDA, to analyze our operating performance. We use these financial measures to manage our business on a day-to-day basis. We believe that these measures are also commonly used in our industry to measure performance. For these reasons, we believe that these non-GAAP financial measures provide expanded insight into our business, in addition to standard U.S. GAAP financial measures. There are no specific rules or regulations for defining and using non-GAAP financial measures, and as a result the measures we use may not be comparable to measures used by other companies, even if they have similar labels. The presentation of non-GAAP financial information should not be considered in isolation from, or as a substitute for, or superior to, financial information prepared and presented in accordance with U.S. GAAP. You should consider our non-GAAP financial measures in conjunction with our U.S. GAAP financial measures.

We define our non-GAAP financial measures as follows:

EBITDA is defined as net loss excluding depreciation and amortization, interest expense, interest income and income tax expense.

Adjusted EBITDA is defined as net loss excluding depreciation and amortization, interest expense, interest income and income tax expense, and other additional exclusions and adjustments. Such additional excluded amounts include stock-based compensation U.S. GAAP charges where the associated liability is expected to be settled in stock, and changes in the value of earnout liabilities and income and expenditure in relation to legacy portions of the business (being those portions where trading no longer occurs) including closed defined benefit pension schemes. Additional adjustments are made for items considered outside the normal course of business, including (1) restructuring costs, which include charges attributable to employee severance, management changes, restructuring, dual running costs, costs related to facility closures and integration costs, (2) merger and acquisition costs and (3) gains or losses not in the ordinary course of business. This does not include any adjustments related to COVID-19.

We believe Adjusted EBITDA, when considered along with other performance measures, is a particularly useful performance measure, because it focuses on certain operating drivers of the business, including sales growth, operating costs, selling and administrative expense and other operating income and expense. We believe Adjusted EBITDA can provide a more complete understanding of our operating results and the trends to which we are subject, and an enhanced overall understanding of our financial performance and prospects for the future. Adjusted EBITDA is not intended to be a measure of liquidity or cash flows from operations or a measure comparable to net income or loss, because it does not take into account certain aspects of our operating performance (for example, it excludes non-recurring gains and losses which are not deemed to be a normal part of underlying business activities). Our use of Adjusted EBITDA may not be comparable to the use by other companies of similarly termed measures. Management compensates for these limitations by using Adjusted EBITDA as only one of several measures for evaluating our operating performance. In addition, capital expenditures, which affect depreciation and amortization, interest expense, and income tax benefit (expense), are evaluated separately by management.

Functional Currency at Constant rate. Currency impacts shown have been calculated as the current-period average GBP:USD rate less the equivalent average rate in the prior period, multiplied by the current period amount in our functional currency (GBP). The remaining difference, referred to as functional currency at constant rate, is calculated as the difference in our functional currency, multiplied by the prior-period average GBP: USD rate, as a proxy for functional currency at constant rate movement.

Currency Movement represents the difference between the results in our reporting currency (USD) and the results on a functional currency at constant rate basis.

Reconciliations from net loss, as shown in our Consolidated Statements of Operations and Comprehensive Loss, to Adjusted EBITDA are shown below.

Supplemental Disclosure

The audit of Inspired's 2021 annual consolidated financial statements is not yet complete and accordingly all financial amounts referred to in this news release have been derived from unaudited financial information and represent management's estimates. The 2021 financial statements are subject to audit and therefore may be subject to change as a result.

Expects to File Form 12b-25 for Extension of Filing Deadline for 2021 Form 10-K

The Company expects to file a notification of late filing on Form 12b-25 with the Securities and Exchange Commission, which provides an automatic 15-day extension of the filing deadline for its Annual Report on Form 10-K for the fiscal year ended December 31, 2021 (the "2021 Form 10-K") to March 31, 2022.

The financial data presented for the year ended December 31, 2021 should be considered preliminary and could be subject to change as the Company's independent registered public accounting firm has not completed its audit. The Company anticipates that the Form 10-K for the year ended December 31, 2021 will be filed by March 31, 2022 or as soon as practicable.

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Complete report with spreadsheets: https://investors.inseinc.com/2022-03-11-Inspired-Reports-Fourth-Quarter-And-Full-Year-2021-Unaudited-Results

INSPIRED LAUNCHES IGAMING CONTENT IN CONNECTICUT

NEW YORKMarch 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." 

INSPIRED LAUNCHES DOUBLE CASH SPINNER, A CLASSIC STEPPER-THEMED ONLINE & MOBILE SLOT GAME

3 March 2022 – Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) is pleased to announce the launch of Double Cash Spinner™, a three-reel, nine win-line stepper game.

Double Cash Spinner is an easy-to-play slot that emanates the vibrancy and visual allure of a classic Vegas casino game.

Three bonus symbols on a win-line will trigger the game’s exciting Cash Spinner Bonus feature where one spin of the Cash Spinner wheel is awarded to the player. The aim is to land on a top multiplier prize for potentially big wins. If the player lands on one of the golden stars, the player advances to the game’s ubiquitous Double Cash Spinner wheel, where all prizes are doubled.

Enhancing the gameplay excitement, a player can choose to play on the maximum, nine win-lines during the base game, for a chance to jump straight into the Double Cash Spinner Bonus. In doing so, they will trigger the x2 wheel and boost their chances of a big win.

Claire Osborne, VP Interactive at Inspired, said: “Double Cash Spinner brings the fun and thrill of a classic stepper slot to an online audience, across multiple devices for both landscape and portrait-play. Its vibrancy coupled with its simplicity will no doubt attract large swathes of players across multiple markets, looking for some classic slot entertainment.

“Double Cash Spinner is a timeless addition to our thriving portfolio of engaging slots that are suitable across multiple territories, perfect for various seasons, and meet the demands of a variety of players with evolving tastes in themes and mechanics, as well as visual preferences.”

Double Cash Spinner is a medium-volatility game with a return to player (RTP) rate between 94.01% and 94.04%, aimed at the casual online casino player.

Head over to Inspired’s website to sample Double Cash Spinner here: https://inseinc.com/interactive/games/double-cash-spinner

For all Inspired’s other online and mobile games, head here: https://inseinc.com/interactive/games

INSPIRED ENTERTAINMENT LAUNCHES V-PLAY PLUG & PLAY™ WITH NAPOLEON SPORTS & CASINO IN BELGIUM

February 28, 2022 – Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) today announced its Belgian launch of V-Play Plug & Play (VPP) in proud partnership with Napoleon Sports & Casino. Inspired’s VPP platform, a complete end-to-end online and mobile Virtual Sports offering, will give Napoleon’s players access to Inspired’s wide range of Virtual events via an intuitive player interface.

Napoleon Sports players can now find a full suite of Inspired’s award-winning Virtual Sports, including V-Play Soccer™, V-Play Dogs™, V-Play Horse Racing™, V-Play Basketball™ and the most recently developed Marble Racing event.

“Napoleon has a strong brand presence in Belgium and we are very excited to bring VPP to Napoleon’s customer base to enjoy online and on mobile,” said Steve Rogers, Chief Commercial Officer of Virtuals at Inspired. “Napoleon has established itself as one of the front-runners for sports betting in the region and we are delighted to introduce their customers to our Virtual Sports products, which are popular throughout Europe.”

“We are very excited to secure this deal with Inspired. Adding their Virtual Sports and innovative V-Play Plug & Play product suite will further improve our offer to our players,” said Tim deBorle, CEO of Napoleon Sports & Casino. “We always want to be innovative and present our players the best sports and gaming entertainment in the safest environment. Inspired in a pioneer in Virtual Sports and we are looking forward to working with their best-in-class products to grow and diversify our portfolio.”

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/.

INSPIRED LAUNCHES CATCH OF THE DAY, A FISHING-THEMED ONLINE & MOBILE SLOT GAME

21 February 2022 – Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) is pleased to announce the launch of Catch of the Day™, a fishing-themed online and mobile slot, offering players a reely fin-tastic iGaming experience!

With a reel configuration of 5×3 with 10 win-lines, Catch of the Day radiates the allure of the sea. Set in a fresh, tropical coral reef ocean, the game’s colourful graphics add to the excitement of winning the day’s catch by landing three or more bonus scatters to enter the game’s dynamic, edge-of-your-seat Free Spins bonus round.

In the Free Spins bonus, the fisherman symbol represents the Wild and catches all fish values available on screen, giving the player the chance at winning potentially lucrative cash pay-outs.

Claire Osborne, VP Interactive at Inspired, said: “With vibrant graphics and tropical imagery, fishing-themed games are easy-on-the eye and have become very popular among players, and our latest instalment of our fishing-themed slots range, is no exception.

“With an existing fan base, Catch of the Day first launched in retail outlets in November 2021. Its success, coupled with the demand for fishing-themed games prompted us to develop an updated, iGaming version of our retail-original. Today, we’re thrilled to welcome Catch of the Day into our ever-expanding portfolio of premium content, which supports our omni-channel strategy of offering dynamic and multi-faceted content to our customers and their players.”

Catch of the Day is a medium-volatility game with a return to player (RTP) rate of 95.05%, aimed at the casual online casino player.

Head over to Inspired’s website to sample Catch of the Day here: https://inseinc.com/interactive/games/catch-of-the-day/

For all Inspired’s other online and mobile games, head here: https://inseinc.com/interactive/games

INSPIRED LAUNCHES TIN CAN CASH, A FUNFAIR-THEMED ONLINE & MOBILE SLOT GAME

15 February 2022 – Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) is pleased to announce the launch of Tin Can Cash™, a funfair-themed, 5×3 reel online and mobile slot game that pays across 20-win lines.

Exuding energy and vibrancy, Tin Can Cash is set to immerse players in a world of big wins and potentially lucrative cash pay-outs with its unique bonus round mechanic. The game’s colorful symbols and upbeat visual imagery, coupled with its exciting bonus feature, will have players spinning the reels for fun-filled and casual entertainment.

Tin-can-cash.png

During the base game, players can trigger the thrilling Free Spin Bonus round upon landing three or more bonus scatters, shown as Tin Cans. Four or five bonus scatters seed the game’s Free Spins Win Multiplier at higher starting values, for a chance of winning bigger cash prizes.

Wild symbols, shown as brown leather baseballs, knock down the Tin Cans above the reels on which they land, and increase the bonus win multiplier each time, giving players optimal chances at winning. The game’s Free Spins Bonus continues until Tin Cans are in place above the reels and there are no wilds to knock them down.

Steve Collett, Chief Product Officer at Inspired, said: “Transporting players to memories of fun times, Tin Can Cash is an upbeat slot, packed with vibrancy for an entertaining iGaming experience. The theme will get people playing, and a brand-new bonus will get them to stay. The game’s bonus mechanic gives players a good chance at winning some potentially generous cash pay-outs. We’re thrilled to be expanding our premium content portfolio with our first ever funfair-themed slot.”

Tin Can Cash is a medium-volatility game offering players an abundance of fun and excitement, with a return to player (RTP) rate of 95% aimed at the casual online casino player.

Head over to Inspired’s website to sample Tin Can Cash here: https://inseinc.com/interactive/games/tin-can-cash

For all Inspired’s other online and mobile games, head here: https://inseinc.com/interactive/games

INSPIRED LAUNCHES SPACE INVADERS ROULETTE

11 February 2022 – Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) is pleased to announce the launch of Space Invaders Roulette, an officially licensed Space Invaders game from TAITO CORPORATION.

Bringing the joy of a casino roulette to life, Space Invaders Roulette is packed with lively new features offering great fun for players coupled with potentially lucrative cash pay-outs.

The game’s special Cannon symbol shoots up to five Invaders on every spin, revealing special enhanced odds for bets on the selected numbers. Offering excitement and interactive gameplay, players get the chance to shoot the UFO down and double the game’s unique number multipliers. Brimming with multiple ways to win, players may have an opportunity to increase their winnings up to 500x the bet on a single number.

Steve Collett, Chief Product Officer at Inspired, said: “Space Invaders Roulette combines the thrill and popularity of roulette with one of the most well-known gaming brands of all time, in what we think will become one of this year’s most legendary iGaming launches. Its gameplay simplicity and fuss-free mechanics will no doubt attract a variety of players from novices to roulette enthusiasts, all in it to win big!

“Our iGaming portfolio is brimming with an array of fantastic titles, with diverse themes and an assortment of varying mechanics to attract a range of different player types. Space Invaders Roulette adds more breadth and ingenuity to our thriving mix of premium online and mobile games.”

Space Invaders Roulette is a medium-volatility game with a return to player (RTP) rate between 94.74% and 97.3%, aimed at the casual online casino player.

Head over to Inspired’s website to sample Space Invaders Roulette here: https://inseinc.com/interactive/games/space-invaders-roulette/

For all Inspired’s other online and mobile games, head here: https://inseinc.com/interactive/games

INSPIRED LAUNCHES IGAMING CONTENT WITH GAN

NEW YORKFeb. 8, 2022 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE), a leading B2B provider of gaming content, systems and solutions, announced today that its popular online gaming content has gone live in Michigan with GAN Limited (the "Company" or "GAN") (NASDAQ: GAN), a leading full-service internet gaming software-as-a-service provider to the real money internet gaming, online sports betting, and simulated gaming industries. GAN is the latest content aggregation platform to deploy Inspired's unique online gaming content, giving Inspired access to GAN's extensive operator network in multiple U.S. states.

"Multiple top iGaming operators in the U.S. use GAN's platform and we are excited to collaborate with the GAN team," said Brooks Pierce, President and Chief Operating Officer of Inspired. "We are in the early innings of rollout in the U.S. digital gaming industry and having GAN as a platform partner broadens our market access. Demand for our content remains strong and we are looking forward to ramping our online slot portfolio and distribution."

"Inspired's games have had strong performance in the U.S, and we are excited to include their proven popular content in the GAN library," said Dermot Smurfit, Chief Executive Officer of GAN. "Our Super RGS system has the potential to work with any US operator including non-platform clients and we are delighted to release Inspired content to other iGaming states and customers on the roadmap in 2022 and beyond."

INSPIRED LAUNCHES GO FISH! – A FISHING THEMED ONLINE & MOBILE SLOT GAME

27 January 2022 – Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) is pleased to announce the launch of GO FISH!™, a fishing-themed online and mobile slot game, which offers players a wealth of fishing fun with 1,024 thrilling ways to win.

With a reel configuration of 6×4, GO FISH! has a unique reel spin mechanic that will keep players fishing for more. Set in a colorful coral reef, GO FISH!’s vibrant backdrop and exotic fish symbols, coupled with its tropical steel drum soundtrack gives players an entertaining and immersive iGaming experience.

Three standard spinning reels in the center are surrounded by an innovative wrap-around reel that moves right to left around the three standard reels, creating a set of 20 symbols in view. Every winning symbol forms part of a dynamic cascade. The game’s eye-grabbing reel modifiers include the expanding wilds and the Whale Whirlpool, which is activated when the whale swims behind or in front of the reels and flips its tail creating a whirlpool and a new reel combination.

Three or more GO FISH! scatters anywhere in view during the base game award the Free Spins bonus. Each winning Cascade increases the unlimited multiplier by one. During Free Spins, water wheel symbols replace the GO FISH! scatters on the reels. Getting three or more water wheel symbols in view awards the Water Wheel Bonus for big wins and an eely great time!

Steve Collett, Chief Product Officer at Inspired said: “We’re thrilled to kick start the year with the launch of GO FISH!, a fun game with an engaging new reel spin mechanic that wraps fully around three standard spinning middle reels to create an innovative and refreshing new gaming experience. It is the latest installment of our fishing-themed slots within our diverse and thriving portfolio of player-favorite and successful titles. The game’s bright, warm colors and upbeat soundtrack will transport players to the tropics for some winter sun, while in the comfort of their homes, or on the go. GO FISH! is set to become this year’s most fintastic fishing game launched on the iGaming market. So clam-down and GO FISH!”

GO FISH! is a medium-volatility game with a return to player (RTP) rate of 95.01%, aimed at the casual online casino player.

Available on mobile and online.

Head over to Inspired’s website to sample GO FISH! here:

https://inseinc.com/interactive/games/go-fish

For all of Inspired’s other online and mobile games, head here: https://inseinc.com/interactive/games

INSPIRED LAUNCHES TWO POPULAR THEMES ON ITS PRISMATIC PUBS CABINET

19 January 2022 – Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) is pleased to announce the launch of two of its most popular themes, Centurion™ and Catch of the Day™, on its Prismatic cabinet for the Category C pub markets in the UK.

Centurion and Catch of the Day, both instantly recognizable to players across the UK, debuted on the Prismatic cabinet in Category C in December 2021. Only a few weeks into 2022, those games are proving to be extremely popular with the pub players and support the omni-channel strategic approach in offering multi-faceted content deployment to our pub retail customers.

Centurion is an all-time player-favorite theme, with more than one billion lifetime plays. This 5X3 reels gaming experience offers pub players a mega-rich bonus experience with more than eight bonus games featuring the beloved Centurion character.

Catch of the Day is a fish-themed video slot game with a colorful coral reef setting, on 5x3 reels with 10 lines always in play. Players can trigger a free game feature by getting three or more scatter symbols in a single base game spin.

Peter Davies, Managing Director of Leisure at Inspired, said: “We’re thrilled to kickstart the year for our pub customers with these two high-performing themes, leveraging the extensive stable of high performing games available to us. Inspired is fully invested in developing exciting new content and products for our pub business and increasing our digital footprint to bring great games to pub players right across our customers’ estates.”

FORTUNA INTRODUCES INSPIRED’S VIRTUALS ON SELF-SERVICE BETTING TERMINALS IN CROATIA

January, 2021 – Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE), a leading B2B provider of gaming content, systems and solutions, is taking its long-standing relationship with European-based omni-channel betting and gaming operator Fortuna Entertainment Group (FEG) to the next level this winter.  Inspired and FEG have been in partnership since 2009, with Inspired’s BAFTA award-winning products available throughout Fortuna’s online and retail brands in Europe, including Fortuna Poland, Fortuna Slovakia, Fortuna Romania, Casa Romania and PSK Croatia.

Inspired, which has already established itself in Croatia’s online market through PSK Croatia, is now introducing its Virtual Sports on self-service betting terminals (SSBT) within PSK’s branded betting shops and stores throughout the country. PSK Croatia customers will be able to find Inspired’s Virtuals on an initial 200 SSBTs in January, with content on an additional 1,000 terminals throughout 2022.

These SSBTs will introduce Croatia to Inspired’s V-Play Soccer 2™ product with remarkably realistic graphics and animations as well as an exciting range of betting markets, including International and European team pools followed by a Croatian team pool later this year.

“Fortuna Entertainment is a leading online gaming operator within Central and Eastern Europe, and it has been our pleasure to work with them over the past 12 years,” said Steve Rogers, Chief Commercial Officer, Virtual Sports for Inspired. “Having strong partnerships within Europe is key to our overall strategy, allowing for further investment and innovation. We have achieved great success through our long-standing relationship and look forward to expanding our collaboration with Fortuna in 2022 and beyond.”

“We greatly enjoy working with Inspired as our main provider for virtual games and entertainment.  Their next-gen graphics, animation and engaging games provide our customers with high-quality experiences, which truly enhance their journey with Fortuna,” said Stanislav Sopko, Group Head of Product and Channel Management.  “We are excited to add their amazing virtuals content to our SSBTs and we appreciate their assistance and support in the seamless transition.  We look forward to furthering our strong partnership.”

To learn more about Inspired’s Virtuals, head here: https://inseinc.com/virtuals/

INSPIRED ANNOUNCES ACQUISITION OF SPORTECH LOTTERIES

NEW YORKJan. 4, 2022 /PRNewswire/ -- 

  • Acquisition to expand Inspired's content reach to new customers and geographies and build out a platform of turnkey lottery/iGaming systems solutions.
  • Concurrently, Inspired and LEIDSA have agreed to a 10-year extension to the lottery systems contract
  • Upfront purchase price of US$12.5 million represents a multiple of 4.0x Sportech Lotteries' Adjusted EBITDA1 for the last twelve months (LTM) ended June 30, 2021 and 3.5x Sportech Lotteries' (pre-COVID) Adjusted EBITDA1 for calendar year 2019

Inspired Entertainment, Inc. ("Inspired" or the "Company") (NASDAQ: INSE), a leading B2B provider of gaming content, systems and solutions, announced today that it has acquired Sportech Lotteries, Inc. ("Sportech Lotteries"), a subsidiary of Sportech PLC ("Sportech") (LSE: SPO.L). The principal asset of Sportech Lotteries is the lottery systems contract to provide online and retail lottery services, as well as the upcoming launch of Sportech's iLottery solution, to Loteria Electronica Internacional Dominica S.A. ("LEIDSA") of the Dominican Republic. The current lottery systems contract with LEIDSA had been scheduled to run until March 9, 2025. Concurrent with closing of the acquisition of Sportech Lotteries, Inspired and LEIDSA extended the lottery systems contract through March 9, 2035.

This marks Inspired's first acquisition in the lottery sector, further diversifying its business model on a product, customer and geographic level.  It is expected to provide additional growth opportunities in North America, a key strategic geography for the Company, bolster the Company's positioning in the growing iLottery market and enhance the Company's ability to offer a platform with a full turnkey lottery/iGaming solution to new customers in the future, in line with its cross-platform approach.

"This acquisition accelerates our entry into the lottery business, where, as a management team, we have extensive collective experience and long-standing relationships," said Lorne Weil, Executive Chairman of Inspired. "We expect to build on Sportech's established lottery supply contract to increase our scale and scope within the lottery and gaming ecosystem. We are excited to enhance the value proposition we provide to operators and consumers as we seek to realize on significant opportunities in the sector."

Weil continued, "LEIDSA is one of the largest and most successful lotteries in Latin America. Beyond the immediate potential in the Dominican Republic, we anticipate that the lottery systems platform can be further enhanced in order to accelerate the path of our strategic objectives in the worldwide online and retail lottery market."

Inspired acquired Sportech Lotteries for US$12.5 million on a cash free/debt free basis, subject to certain customary adjustments and up to US$2.0 million of potential additional earnout consideration. The upfront consideration represents a multiple of approximately 4.0x Sportech Lotteries' unaudited Adjusted EBITDA1 of US$3.1 million for the LTM ended June 30, 2021, and 3.5x Sportech Lotteries' unaudited (pre-COVID) Adjusted EBITDA1 of US $3.5 million for calendar year 2019. This acquisition was funded with cash from Inspired's balance sheet.

LEIDSA is a private lottery operator in the Dominican Republic that has offered electronic lottery products (draw games, Keno, etc.) as well as a host of other services since the lottery's inception in 1997. In conjunction with the acquisition, Inspired will control Sportech's Quantum™ System for LEIDSA, which supports more than 2,100 land-based outlets as well as software and field service support. Inspired will also license Sportech's Lot.to system, an omni-channel iLottery solution that manages the entire lottery business from the cloud, which is currently undergoing testing with LEIDSA to launch digital lottery sales during 2022.

INSPIRED SIGNS CONTRACT WITH RUSH STREET INTERACTIVE TO ROLL OUT POPULAR TITLES TO ONLINE CASINO

NEW YORKDec. 22, 2021 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE), a leading B2B provider of gaming content, systems and solutions, signed a framework agreement to supply its Interactive games to Rush Street Interactive ("RSI") (NYSE: RSI), a leader in online casino and sports betting in the U.S.  Following the execution of this contract, Inspired's Interactive content will be integrated onto the RSI game platform and its popular games will be made available in multiple North American jurisdictions, including New JerseyMichigan and West Virginia.   

Inspired's Interactive games have developed a following in North America and are now available in New Jersey and Michigan and are coming soon to West Virginia.  RSI will launch with four of Inspired's titles, including Santa King Megaways™ and Christmas Cashpots™ as well as its mega-hit Big Spin Bonus™, which is Inspired's top performer in the North American market and has proven extremely popular with players. 

"Rush Street Interactive is a well-known operator with top gaming sites in key North American jurisdictions," said Brooks Pierce, President and Chief Operating Officer of Inspired. "This framework agreement allows us to launch our content with RSI in multiple markets and grow our North American presence.  We are excited to expand our reach in the future with additional North American jurisdictions where Rush Street operates."

RSI launched its first online gaming casino site, PlaySugarHouse.com in New Jersey, in September 2016 and was the first gaming company to launch a regulated online gaming site in Pennsylvania. With its BetRivers.com sites, Rush Street Interactive was also the first to launch regulated online gaming in the states of IndianaColorado and, most recently, Illinois. RSI has been an early mover in Latin America and was the first U.S.-based gaming operator to launch a legal and regulated online casino and sportsbook, RushBet.co, in the country of Colombia.

"We are thrilled to add Inspired's games to the RSI platform," said Richard Schwartz, Chief Executive Officer of Rush Street Interactive. "We pride ourselves on our exceptional content and the premier experience we offer our customers. Inspired has proven to be a top iGaming provider and we are looking forward to working with them on delivering an innovative online entertainment experience to our loyal players."

INSPIRED AND CRISTALTEC TO TRANSFORM STRATEGIC PARTNERSHIP IN ITALY

Cristaltec to take over managed services and Inspired to transition to platform and games provider

NEW YORKDec. 20, 2021 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE), a leading B2B provider of gaming content, systems and solutions, and Cristaltec S.p.A. ("Cristaltec"), a leader in design, production and distribution of games and devices for the amusement with prize ("AWP") sector in Italy, announced today that they have signed a new agreement to transform their strategic partnership in Italy. As part of this agreement, Cristaltec will purchase Inspired's video lottery terminal ("VLT") estate and take over Inspired's VLT managed services contracts. Inspired will transition to a platform and games provider, where they will remain responsible for the maintenance, support and updates of the Italian VLT platform and infrastructure as well as game content.

"We are thrilled to work with Cristaltec to better serve our customers by facilitating more investment in the Inspired product range and delivering superior products and content to the marketplace," said Brooks Pierce, President and Chief Operating Officer of Inspired. "We have worked with Giovanni and the team at Cristaltec for many years and greatly respect the business they've built in the AWP market, where they have an excellent reputation with the Concessionaires. Working together with Cristaltec, we believe we can better capture the new opportunities that will derive from changes to regulations as well as the evolution of the gaming sector in Italy, where we remain a very committed market participant, including through our continued presence in Virtual Sports."

"We are thrilled to work with Cristaltec to better serve our customers by facilitating more investment in the Inspired product range and delivering superior products and content to the marketplace," said Brooks Pierce, President and Chief Operating Officer of Inspired. "We have worked with Giovanni and the team at Cristaltec for many years and greatly respect the business they've built in the AWP market, where they have an excellent reputation with the Concessionaires. Working together with Cristaltec, we believe we can better capture the new opportunities that will derive from changes to regulations as well as the evolution of the gaming sector in Italy, where we remain a very committed market participant, including through our continued presence in Virtual Sports."

Cristaltec is a long-standing machine and games provider in the AWP market in Italy. This agreement with Inspired better positions Cristaltec within the VLT market, where Inspired is contracted with multiple concessions operating over 5,000 terminals. Cristaltec will take over Inspired's managed service responsibilities including Italian operational support and machine capital obligations. Cristaltec intends to materially upgrade Inspired's current estate of terminals and insert their own games alongside those of Inspired. The upgrade is expected to drive revenue growth and reduction in operational cost.

"All of our work is aimed at improving the services offered to our customers and we believe this agreement not only benefits both companies, but also our customers and the Italian market as a whole," said Giovanni Agliata, President of Cristaltec. "We have a great relationship with Inspired and this collaboration allows each of us to focus on our core competencies. We are a leading manufacturer with top games in the AWP market and Inspired provides a proven VLT platform with popular game franchises worldwide. Together we are able to greatly improve the product offering, making the whole greater than the sum of its part, which positions both companies well for the evolution of the Italian market."

 

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.

About Cristaltec

Cristaltec develops games and related solutions, designs and produces high end cabinets since 2004 and is a leader in the Italian AWP market since 2008. Besides the Italian market, Cristaltec supplies/develops B1/B2 machines/games for the Spanish market and develops VLT and international-type games. The Company most recently entered the Online gaming market, where it presents itself as a game provider/developer with its own game server infrastructure.

INSPIRED HIRES iGAMING EXECUTIVE SUKI SANDHU

17 December 2021 — Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) has named Suki Sandhu as its new Director of iGaming Product Development, effective immediately. His responsibilities include the innovation, delivery, and growth of Inspired’s iGaming product lines: the Virtual Plug & Play™ online and mobile solution, Interactive games (Slots & Casino) and iLottery.

Suki is a digital product executive with 20 years of experience in building product-driven organisations and taking digital products through the various stages of ideation, launch and growth. Before entering the iGaming industry, he spent eight years working for online service provider AOL and Yell, the UK’s leading online business directory, where he was the product lead responsible for the launch of AOL Search UK, Netscape UK Online and the award-winning Yell B2B direct marketing e-commerce site.

In 2005, Suki joined PartyGaming (now part of Entain), where he was responsible for the design and delivery of the core e-gaming platform, focusing on acquisition, conversion, and retention of players. He moved to IGT in 2010 as the Vice President of Interactive Product, tasked with growing the online and mobile potential of the land-based casino supplier. At IGT, Suki launched content into a number of globally regulated iGaming markets and into the social media market with DoubleDown Casino.

Between 2013 and 2016, Suki was a partner with Digital Works Group, where he ran Product Management and Monetisation interim consultancy projects for start-ups including Zeptolab, GameSparks, and Bash Gaming, and for Experian, where he helped launch Experian CreditMatcher online. He was Head of Games for Gamesys (Roxor Gaming), where he ran the game studios and gaming platform, and most recently spent a short but very productive period with BetBull, where he helped with the re-launch of WynnBet for the start of NFL in 2021.

“Suki is an innovative and results-driven product expert who offers a strong balance among commercial, operational and technical capabilities,” said Brooks Pierce, President and Chief Operating Officer at Inspired Entertainment. “His leadership and proven track record in defining and launching industry-leading B2B and B2C interactive solutions for diverse organizations are exactly what we need to take our iGaming business to the next level.”

Suki received a joint Bachelor of Arts (BA HONS) and a higher professional business education (HEAO) Dutch Diploma in European Business Administration from the University of Wolverhampton and Hogeschool Holland in Amsterdam.

INSPIRED LAUNCHES LEGENDARY VIDEO GAME, SPACE INVADERS, AS AN ONLINE & MOBILE SLOT GAME

13 December 2021 – Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) is pleased to announce the launch of TAITO’s legendary video game Space Invaders online and mobile slot, which will take players on a thrilling and nostalgic iGaming journey.

In keeping with Space Invaders’ much-loved original design, Inspired’s slot adaptation will get players’ pulses racing for a chance to win big! With a reel configuration of 5×3 and 20-win lines, Space Invaders and its unique mechanics and vibrant graphics bring the joy of retro gaming to this decade.

The game’s UFO and Cannon reel modifiers can appear at random and award one of five additional reel-enhancing modifiers, including the Wild Cannon, Monster Wild, 5 Of A Kind, Mega Reel and Bonus Boost. Three or more bonus coin scatters anywhere in view award players one of six bonus rounds: Shoot Out, UFO Climber, Wild Cannon, Monster Wild, Mega Reel and Space Invaders. The game’s Bonus Gamble mechanic offers players a chance to play a higher bonus in the trail or win a mystery cash prize.

Steve Collett, Chief Product Officer at Inspired, said: “Launched in the late seventies, Space Invaders was a pioneer in the video game industry, inspiring numerous game designs across an array of genres. Despite its maturity, it is still one of the most recognisable gaming brands of all time. We are thrilled to bring this retro classic back to players with novel features including reel-enhancing modifiers, six exhilarating bonus rounds and a Bonus Gamble mechanic. Space Invaders is set to become a memorable and player favourite slot game this season, and beyond.”

Space Invaders is a medium-volatility game with a return to player (RTP) rate of 95%, aimed at the casual online casino player and available via regulated operators.

Head over to Inspired’s website to sample Space Invaders here:

https://inseinc.com/interactive/games/space-invaders

INSPIRED LAUNCHES THREE XMAS GAMES TO GET PLAYERS IN THE FESTIVE SPIRIT

6 December 2021 – Inspired Entertainment, Inc (“Inspired”) (NASDAQ: INSE); is pleased to announce the launch of its latest Christmas-themed online and mobile slot games: Big Christmas Present™, Merry Christmas Megaways™ and Christmas Cash Spins™.

Santa Claus is coming to town with Big Christmas Present, a 6x4 reel, 50-win line slot game. Combining the elements of a classic slot with an innovative bonus mechanic, Big Christmas Present will have players on the edge of their seats to win big! Offering players, a fun and engaging iGaming experience, Big Christmas Present is a Christmas-themed version of Inspired’s successful hit, Big Spin Bonus™.

The Big Christmas Present Bonus round awards the player between one and five Big Spins, which are spins of 20x or more, via the game’s Pick Me feature, ensuring guaranteed wins during the bonus round, for all players. During the Bonus, sticky wilds build up increasing the chance of a Big Win. The player’s goal is to accumulate as many sticky wilds and wins as possible before using up all their Big Spins.

Merry Christmas Megaways brings the joy of the festive season together with the popular Megaways game mechanic for an iGaming treat! Brimming with thrilling cascading wins and vivid mystery symbols, Merry Christmas Megaways is set to be a mega hit with fans of festive slot games.

Players can enjoy the Free Spins bonus round upon activating four or more scatters. The game’s Free Spins features unlimited multipliers that increase each time a winning cascade occurs.

Combining the thrill of iGaming with the joyful spirit of the festive season is Christmas Cash Spins, a 5x3 reel, 25-win line slot game. Featuring a Lock and Spin mechanic, this Christmas-themed slot game is enhanced with wheels that combine for big prize potential.

Six or more wheel symbols in view, during the base game, will trigger the Christmas Cash Spins Bonus, which grants the player three lives to add more wheels. If the wheels form into a 2x2 or 3x3, the symbols will morph into bigger wheels with better values. ?Should the player fill all reels, a Mega wheel will award them a big cash prize!

Claire Osborne, Vice President of Interactive at Inspired, said: “We’re delighted to be kick-starting the festive period with a strong line-up of Christmas titles. All three games incorporate a festive theme into our best math models, with diverse mechanics in each game to engage a variety of different players. As always, we pride ourselves on being ‘the home of the seasonal game’.”

Big Christmas Present is the perfect game for the regular bonus hit player. With its unique bonus mechanic, used previously on Big Spin Bonus, this game packs a punch.  The homely Christmas backdrop of Merry Christmas Megaways displays all the colours of yuletide warmth, set to a festive soundtrack to put fans of Megaways titles in the holiday spirit. Combining colourful gingerbread symbols, a white wintery backdrop, festive jingles and sparkles aplenty, Christmas Cash Spins will delight fans of classic slot games. It offers an exciting lock and spin mechanic plus vibrant wheels to offer big cash pay-outs.

“We now have a total of six festive slots wrapped up for our operator partners, including: Christmas Cash Pots™, Santa Stacked Free Spins™ and Santa King Megaways™. Providing all-round festive entertainment, players are set for a fun-filled holiday this year and beyond.”

 

Head over to Inspired’s website to sample all three games here:

Big Christmas Present: https://inseinc.com/interactive/games/big-christmas-present

Merry Christmas Megaways: https://inseinc.com/interactive/games/merry-christmas-megaways

Christmas Cash Spins: https://inseinc.com/interactive/games/christmas-cash-spins

For all other of Inspired’s online and mobile games, head here: https://inseinc.com/interactive/games/

INSPIRED LAUNCHES BIG FISHING FORTUNE, A FISH-THEMED ONLINE & MOBILE SLOT GAME

1 December 2021– Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) is pleased to announce the launch of Big Fishing Fortune™, a fish-themed 5×3 reel, 10-win line slot game, with a novel bonus mechanic and tremendous fishy puns!

With its crisp graphics and immersive underwater sounds, Big Fishing Fortune offers players a reely engaging experience, where any fin is possible.

Big Fishing Fortune is set in the deep depths of the ocean, giving players a chance to catch the Big Fish of the day. Four or five scatters in the base game trigger the game’s Pick Me feature. Here players determine the value of their Big Sticky Fish by finding three matching fish symbols and enabling the game’s highly entertaining Big Fishing Fortune Bonus entry. During the bonus, players have unlimited Free Spins until the Big Fish is caught. When a fisherman and any fish symbols land in view, the values shown on all the fish are paid. If more than one fisherman lands, each fish caught is awarded again for every fisherman in view, offering players potentially lucrative cash pay-outs and a guaranteed sticky fish bonus!

Big Fishing Fortune is a medium-volatility game with a return to player (RTP) rate of 94.8%, aimed at the casual online casino player.

Claire Osborne, Vice President of Interactive at Inspired, said: “We’re thrilled to be launching our second fishing-themed game into our growing portfolio of fun and engaging premium slot titles. There are other fish games in the iGaming sea, but there’s no other game like this one! With a captivating theme, vibrant graphics, and a unique bonus mechanic that awards players every time, Big Fishing Fortune is the Codfather of them all and set to deliver players a feast of entertainment.”

Head over to Inspired’s website to sample Big Fishing Fortune here:   https://inseinc.com/interactive/games/big-fishing-fortune

For all of Inspired’s other online and mobile games, head here: https://inseinc.com/interactive/games

OPAP LAUNCHES INSPIRED’S AWARD-WINNING VIRTUALS ONLINE

November 22, 2021 - Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) is proud to announce that it has taken its long-standing relationship with leading Greek betting and lottery operator OPAP S.A. (“OPAP”) to the next stage with the launch of Inspired Virtuals Plug & Play (“VPP”) to OPAP’s pamestoixima.gr site. This agreement will allow customers in the Greek market to experience VPP with access to 14 channels of Inspired’s award-winning Virtual Sports games including Soccer, Soccer Matchday, Basketball, and Horse Racing products delivered online and on mobile devices.

OPAP and Inspired have worked together since 2017, with Inspired being the sole supplier of Virtual products and services across OPAP’s entire retail estate. V-Play Basketball, which includes Euro League and Greek League Basketball, joined V-Play Soccer 3.0 and Soccer Matchday as the third channel of Virtual Sports within OPAP retail venues in 2020. These products will now be available to OPAP’s online player base.

V-Play Plug & Play™ is Inspired’s proprietary system for providing operators access to Inspired’s life-like scheduled Virtuals games with minimal integration effort. It offers a complete end-to-end online and mobile product solution for full bet management, and delivers a complete sports betting experience, with custom branding options available via a simple wallet integration.

To learn more about Inspired’s Virtuals, head here: https://inseinc.com/virtuals/

Inspired Launches Two New Exciting Virtual Games With Eurobet In Italy: Penalty Shoot Out And Marble Racing

November 18, 2021—Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) is pleased to announce the launch of two new games with our long-standing partner, Eurobet: Penalty Shoot Out™ (Rigori) and Marble Racing™ (Palline), available in retail venues, online and on mobile. Eurobet Italia is part of Entain PLC (LSE: ENT) and manages more than 850 betting shops as well as a website dedicated to the Italian market.

Penalty Shoot Out™ is a new Virtual Soccer format that gives players the chance to test their luck in an engaging head-to-head battle between two teams. This first-to-market penalties game keeps players on their toes, bringing the pressure and excitement of a penalty shootout to the virtual world.

Marble Racing takes the classic game to the next level: all the same fun with an extra added layer of excitement through the introduction of multiple tracks filled with eye-catching obstacles and a wide variety of bets. Ten marbles race down different tracks with multiple obstacles that can change the race order at any moment, creating entertaining events with exciting and unpredictable endings. Track variants include sand, snow, Halloween, Christmas and soccer-themed events, ensuring that the product stays relevant all year round. Adding to the extra layer of fun is the new feature, “Catchzone Booster” which allows an increase in winnings when a player predicts which of the five catch zones the marbles will land in.

As well as launching online and on mobile, the new virtual games will be launched on two additional channels within the retail venues, meaning that, along with the existing two channels, customers can now bet on four different virtual sports events on the same screen.

“Inspired’s focus on player research and innovation has been at the leading edge when it comes to developing award-winning virtual products for the Italian market since 2014,” said Steve Rogers, Chief Commercial Officer, Virtual Sports for Inspired. “We have continued to evolve and invest in our products for the Italian market alongside our partners, and we have a long-term investment strategy that will continue to deliver new and exciting games across both retail and online channels.”

Rogers continued, “Entain is a key strategic partner across the globe and deploying these new products to their Italian business via Eurobet is testament to the success of our long-standing relationship. We look forward to developing and deploying more new content with them in 2022 and beyond.”

To learn more about Inspired’s Virtuals, head here: https://inseinc.com/virtuals/

Inspired Signs Multi-Market Online Virtual Sports Contract With Novibet

NEW YORKNov. 16, 2021 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) announced today that it has signed a multi-market contract to launch its best-in-class interactive Virtual Sports content with Novibet, one of the leading online gaming companies operating in several countries across Europe. Starting with the Greek market, Inspired's Virtual Sports are now hosted in a dedicated section on novibet.gr, offering to players customized and localized Virtual Sports options on a 24/7/365 basis.

Inspired's Virtual Sports are delivered via the Company's Virtual Plug & Play™ solution, which allows Novibet's members to access multiple Virtual Sports, including soccer, basketball and horse racing, served through an intuitive player interface. Novibet has launched Inspired's Greek Matchday Soccer League, featuring 16 teams playing a league season of virtual soccer.

"Novibet is a leading online gaming operator and has been a long-standing customer of Inspired's on the iGaming side," said Brooks Pierce, President and Chief Operating Officer. "We are very excited to further enhance their online portfolio to include our award-winning Virtual Sports and we look forward to working together to grow their brand across Europe."

"We have enjoyed working with Inspired to create custom Virtual Sports offerings that are specifically tailored to fully satisfy our members, such as Inspired's exclusive Greek Matchday Soccer League," said Thanasis Gkiokas, Sports Manager at Novibet. "What we guarantee at Novibet is the most entertaining and vibrant gaming experience and our new content will surely please Novibet members."

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/.

Inspired Reports Third Quarter 2021 Results

NEW YORKNov. 11, 2021 /PRNewswire/ --

  • Third Quarter Revenue of $77.6 million demonstrates continued momentum in our Interactive and Virtual Sports segments and strong recovery in our Gaming and Leisure segments from prior-year levels
  • Third Quarter Interactive Revenue increased 73.4% year-over-year
  • Third Quarter Net Income increased to a quarterly record $25.0 million
  • Third Quarter Adjusted EBITDA1 of $30.1 million, ahead of management's Third Quarter guidance range of $28 million to $30 million
  • Generated $19.8 million in operating cash flow during Third Quarter

Inspired Entertainment, Inc. ("Inspired" or the "Company") (NASDAQ: INSE), a leading B2B provider of gaming content, systems and solutions, today reported financial results for the three-month period ended September 30, 2021. The results reflect continued growth in the Interactive and Virtual Sports segments and strong recovery in the Gaming and Leisure segments following customers' retail venues reopening following COVID-19 lockdowns.  

  • Total Revenue increased 29.0% year-over-year to $77.6 million in the three months ended September 30, 2021, on a reported basis2, compared to $60.1 million in the prior-year period. Total Revenue increased 52.7% year-over-year excluding the $9.3 million payment from a UK LBO customer related to our contractual revenue share of the customer's value added tax (VAT) rebate ("VAT-related revenue") received in third quarter 2020.
  • Net income increased to a quarterly record $25.0 million, or $1.10 per basic share and $0.30 per diluted share, compared to $0.5 million, or $0.02 per basic and diluted share, in the prior-year period.
  • Adjusted EBITDA increased 20.4% year-over-year to $30.1 million compared to $25.0 million in the prior-year period. Adjusted EBITDA increased 88.8% year-over-year excluding $9.1 million of income received in third quarter 2020 relating to the VAT-related revenue and associated third party fees ("VAT-related income").
  • Adjusted EBITDA Margin1 was 38.8% in third quarter 2021 compared to 41.6% in third quarter 2020. Third quarter 2021 Adjusted EBITDA Margin increased approximately 740 basis points year-over-year when compared to the third quarter 2020 Adjusted EBITDA Margin of 31.4% excluding the VAT-related revenue and VAT-related income.
  • Net Cash Provided by Operating Activities Less Cash from Investing Activities during the quarter was an inflow of $13.8 million.

1

"Adjusted EBITDA" and "Adjusted EBITDA Margin" are non-GAAP financial measures defined below under "Non-GAAP Financial Measures" and reconciled to the most directly comparable GAAP measures in the accompanying supplemental table.  Adjusted EBITDA Margin is calculated as a percent of Revenue.

   

2 

GBP:USD exchange rate was GBP 1.38: USD 1.00 for the three months ended September 30, 2021 and GBP 1.30: USD 1.00 for the three months ended September 30, 2020.

"I am very pleased with our third quarter results, as they reflect that we have emerged from the pandemic a much stronger, leaner and more efficient Company with significant momentum and increased growth opportunities," said Lorne Weil, Executive Chairman of Inspired.  "Our evolution this year, compared to pre-pandemic periods, is being driven by consistent growth in the operating performance of our capital efficient Interactive and Virtual Sports segments, demonstrating the substantial demand that exists for our products as well as an acceleration in general industry trends."

 

Summary of Consolidated Third Quarter 2021 Financial Results (unaudited) 

     

Three Months

   

Functional

     

Ended

 

Currency

Currency

     

September 30

Change

Movement

Growth

     

2021

20203,4

(%)

2021

(%)

 

(In $ millions, except per share figures)

           
 

GAAP Measures:

           
 

Revenue

 

$     77.6

$     60.1

29.0%

$       5.0

20.6%

 

Net operating income

 

$     14.9

$       8.2

82.1%

$       1.1

68.0%

 

Net income

 

$     25.0

$       0.5

NM2

$       1.7

NM2

 

Net income per basic share

 

$     1.10

$     0.02

NM2

   
 

Net income per diluted share

 

$     0.30

$     0.02

NM2

   
 

Non-GAAP Financial Measures1:

           
 

Adjusted EBITDA

 

$     30.1

$    25.0

20.4%

$       1.8

13.2%

               
 

1Reconciliation to GAAP shown below.

2Percentage change is not meaningful.

On April 12, 2021, the Acting Director of the Division of Corporation Finance and Acting Chief Accountant of
the Securities and Exchange Commission issued a joint statement regarding the accounting and reporting considerations for
warrants issued by special purpose acquisition companies entitled "Staff Statement on Accounting and Reporting
Considerations for Warrants Issued by Special Purpose Acquisition Companies
" (the "SEC Staff Statement"). As a result
of the SEC Staff Statement, Inspired restated its financial statements as of December 31, 2020 and December 31, 2019 and for
the years ended December 31, 2020 and 2019. For the three months ended September 30, 2020, the change in fair value of
warrant liability resulting from the SEC Staff Statement was a $0.2 million credit.

The three months ended September 30, 2020 includes $9.3 million of VAT-related revenue and $9.1 million of VAT-related income.

"Our strong third quarter financial results exceeded our expectations, in the face of changing foreign exchange rates and delays in COVID-19 restriction removals, supporting our confidence in the long-term outlook for the Company. Between the strong retail gaming outlook, robust iGaming trends and the overall improvement in our cost structure coming out of COVID-19, we were able to generate $19.8 million in operating cash flow and increase our cash position by $12.6 million during the quarter. At September 30, 2021, we had a cash balance of approximately $37.1 million and undrawn revolver availability of approximately $27.0 million3, leaving us in a better financial position than ever to deliver on our strategic plan and maximize shareholder value," said Stewart Baker, Executive Vice President and Chief Financial Officer of Inspired.

"Our North American business remains a key driver of growth as we continue to expand our footprint, add to our portfolio of games and improve our speed to market. In addition to introducing our Virtuals online with BetMGM in New Jersey in the third quarter, we launched our Interactive games with DraftKings in Michigan and signed a multi-year exclusive contract with the Major League Baseball Players Alumni Association (MLBPAA) to bring the MLBPAA greats to life in a virtual homerun hitting competition.  We have been actively pursuing online gaming supplier licenses in several additional jurisdictions and announced Loto-Quebec as our first iLottery customer, which we believe is an underpenetrated sector.  We continue to see significant opportunities in the North American gaming landscape, and we believe we are well positioned based on our content-driven strategy and depth of relationships," continued Weil.

   

3

Assumes GBP 1.35:USD 1.00 exchange rate on September 30, 2021.

Business Segment Highlights for Third Quarter 2021 (unaudited)

   

Revenue

     

Adjusted
EBITDA1

     

Adjusted EBITDA Margin1

   
   

2021

 

20202

 

%

 

2021

 

20202

 

%

 

2021

 

20202

 

%

(In $ millions)

                                   

Segments

                                   

Interactive

 

$6.1

 

$3.5

 

73%

 

$3.4

 

$2.2

 

54%

 

56%

 

63%

 

(11%)

Virtual Sports

 

10.5

 

8.3

 

27%

 

8.6

 

6.8

 

28%

 

82%

 

82%

 

--

Gaming

 

27.6

 

30.9

 

(11%)

 

10.9

 

16.4

 

(33%)

 

40%

 

53%

 

(25%)

Leisure

 

33.4

 

17.4

 

92%

 

13.0

 

3.3

 

290%

 

39%

 

19%

 

103%

Corporate

 

--

 

--

 

--

 

(5.8)

 

(3.7)

 

60%

 

--

 

--

 

--

Total Company

 

$77.6

 

$60.1

 

29%

 

$30.1

 

$25.0

 

20%

 

39%

 

42%

 

(7%)

 

"Adjusted EBITDA" and "Adjusted EBITDA Margin" are non-GAAP financial measures defined below under "Non-GAAP Financial Measures"
and reconciled to the most directly comparable GAAP measures in the accompanying supplemental table.  Adjusted EBITDA Margin is calculated
as a percent of Revenue.

2 The three months ended September 30, 2020 includes $9.3 million of VAT-related revenue and $9.1 million of VAT-related income.

"We believe the third quarter is a good indicator of the strength of each of our segments coming out of COVID-19.  Looking out to 2022, we see continued growth across each of our segments, with our Interactive and Virtual Sports segments increasing their relative contribution to overall results," concluded Weil. 

Recent Highlights (as of November 11, 2021)

Interactive

  • New Customers – Interactive content was launched with 12 new brands during the third quarter, including DraftKings in Michigan, four brands with The Stars Group and Leo Vegas in Spain. 
  • New Jurisdictions –In the current quarter, our Interactive games went live with bet365 in the Netherlands.
  • New Content – Eight games were launched during the third quarter across the estate including Big Piggy Bonus™, which has proven popular with players.
  • First iLottery Customer – Loto-Quebec has agreed to launch our iLottery games in addition to our Interactive slots subsequent to the end of the third quarter. This will be Inspired's first entry into the iLottery market. 
  • License Update – In the third quarter, Inspired received a license from Alberta Gaming, Liquor and Cannabis ("AGLC") to include Interactive games on PlayAlberta.ca, the only regulated online gaming site in the Province. Subsequent to the end of the quarter, we were granted an iGaming supplier license in the newly regulated Connecticut market, with several games submitted for approval.

Virtual Sports

  • Retail and Online Virtual Sports Agreements – During the third quarter, Inspired signed Virtual Plug & Play™ (VPP) agreements with Mozzartbet (Serbia), Novibet (Greece), Betshop (Greece) and iBet. Subsequent to the end of the quarter, the Company signed VPP agreements with FonBet and BetPlay (Colombia). VPP allows online players to access multiple Virtual Sports via an intuitive player interface.
  • Online Virtual Plug & Play™ ("VPP") Launches – During the third quarter, Inspired launched VPP with BetMGM in New Jersey.
  • New Products – Inspired launched four channels of its brand-new V-Play Soccer 3.0 with bet365 in the third quarter. In Greece, our U.S. Basketball product was deployed into the OPAP retail estate of approximately 3,500 venues. In addition, multiple Italian clients, including Snaitech, launched with our new Penalty shootout, Matchday Ultra and Marbles products as well as upgrades to existing products. Subsequent to the end of the quarter, Inspired signed a multi-year exclusive contract with the Major League Baseball Players Alumni Association (MLBPAA) to bring the MLBPAA greats to life, delivering an experience with 'Home Run Shoot Out™', a virtual homerun hitting competition, which can be licensed to all of Inspired's Virtual Sports customers, both online and in retail.

Gaming

  • 60 Valor™ Sales in Illinois – Third quarter sales bring total Valor terminal sales in North America since launch to 600. The Company has commitments for 95 additional units in Illinois thus far in the fourth quarter.
  • More Units in Greece –Awarded a further 500 Valor units in Greece during the third quarter. Once delivered, our total unit count in Greece will be approximately 9,440 terminals. 
  • Italy Content Strategy – In the third quarter, we recognized a 944 video lottery terminal (VLT) sale to Sisal in Italy, completing a 1,624 VLT hardware sale. Inspired will continue to supply Sisal with downloadable content.

Leisure

  • Record Holiday Parks Demand- We experienced record revenues from the holiday park sector in the third quarter driven by prior-year investment in product mix and consumer demand.
  • Cashless Operations – Our new cashless solution has been successfully implemented in a representative selection of Leisure Parks.
  • Strong Machine Performance - We also saw strong revenues from MSAs and improving machine performance in Pubs in the quarter with 97% of Pubs operational.

Overview of Third Quarter 2021 Results Versus Third Quarter 2020 on a Reported Basis

Total Revenue increased 29.0% year-over-year to $77.6 million in the three months ended September 30, 2021, on a reported basis, compared to $60.1 million in the prior-year period. Excluding the VAT-related revenue, Total Revenue increased 52.7% year-over-year reflecting the continued growth in the Interactive and Virtual Sports segments and strong recovery in the Gaming and Leisure segments following customers' retail venues reopening following COVID-19 lockdowns.

Interactive Revenue grew 73.4% year-over-year to a record $6.1 million from $3.5 million, due to the consistent launch of new content across the estate, growth in the customer base in new, emerging and core markets and increased promotional activity through exclusive deals with tier-one customers. This performance led to Interactive segment operating income increasing 44.9% year-over-year to $2.3 million, primarily due to the increase in revenue and partly offset by an increase in cost of sales and third-party platform provider costs in line with the revenue increase as well as an increase in SG&A expenses driven by the investment in the segment to help drive the increasing revenues.  Interactive Adjusted EBITDA increased 53.9% year-over-year to $3.4 million from $2.2 million in the prior-year period. 

Virtual Sports Revenue increased to a record $10.5 million in third quarter 2021 from $8.3 million in the prior-year period primarily due to a $2.8 million increase in Online Virtuals driven by the migration of customers to online, partially offset by a decline in recurring Retail Virtuals of $0.5 million.  Some retailers are reporting revenues ahead of pre-Covid levels, but others remain modestly behind with an improving picture week-on-week as recreational players return to shops. In addition, the Italian government introduced a proof of vaccination requirement during August which has slowed recovery. Virtual Sports Segment Operating Income was $7.6 million, which compares favorably to $5.7 million in the third quarter 2020 primarily due to the increase in revenue. Virtual Sports Adjusted EBITDA increased to $8.6 million from $6.8 million in the third quarter 2020. 

Gaming Service Revenue (excluding VAT-related revenue) increased year-over-year by $1.8 million as Inspired's retail customers returned to pre-COVID performance levels in third quarter 2021. Total Gaming Customer Gross Win per unit per day (in our functional currency, GBP) for the three-month period increased by £6.08, or 8.6%, as retail venues in the UK LBO estate showed year-over-year growth.  Revenues returned to prior-year levels in Greece and ItalyGaming Product Revenue increased by $3.7 million driven by product sales of $2.0 million in the UK markets, $1.1 million in sales to Italy and $0.8 million of VALOR™ terminal sales in North AmericaGaming Segment Operating Income for third quarter 2021 was $5.1 million. Excluding VAT-related income, Gaming Operating Income increased by $4.6 million year-over-year due to an increase in product revenue and a decrease in depreciation and amortization, partly offset by an increase in SG&A as all staff returned from furlough.  Gaming Adjusted EBITDA was $10.9 million.  Excluding VAT-related income, Gaming Adjusted EBITDA increased by $3.6 million year-over-year. 

Leisure Revenue increased $16.0 million to $33.4 million in third quarter 2021 from $17.4 million in third quarter 2020 driven by record incomes in leisure parks with the removal of all COVID-19 restrictions for the majority of the period. COVID-19 restrictions resulted in frequent amendments to overseas travel policies in the UK, resulting in a record summer season for our Leisure Parks business despite initial restrictions in Wales and Scotland.  During the prior-year period, many sectors of the Leisure segment (Pubs, Holiday Parks, Motorway Service Areas and Bingo) were impacted due to the COVID-19 lockdown in the UK. Motorway Service Areas have delivered strong performance in the quarter with revenue ahead of pre-pandemic levels on a like-for-like basis. Pubs have been slower to recover following reopening, however, machine performance has improved during the quarter. Digitization of the pub estate has continued with further digital machines placed in the quarter taking digital penetration to 78%. Leisure Segment Operating Income improved to $9.0 million from a loss of $2.1 million.  Leisure Adjusted EBITDA improved to $13.0 million from $3.3 million in the third quarter 2020. Leisure Adjusted EBITDA Margin nearly doubled year-over-year to 38.9% from 19.1%, exhibiting the strength of the business and the results of the integration efforts.

Total Company Selling, General and Administrative expenses increased to $29.2 million from $21.5 million in the prior-year period. This $7.7 million increase was driven by all staff returning from furlough for the whole period ($3.6 million), additional other employee costs ($0.4 million), additional IT costs due to returning staff ($0.3 million) and lower labor capitalization ($0.3 million). Currency movements accounted for $1.8 million of the increase.

Net Income during the quarter increased to $25.0 million compared to $0.5 million in the prior-year period primarily due to the increase in net operating income ($6.7 million), the increase in credit of the change in fair value of warrant liability ($17.1 million) and a decrease in net interest expense ($1.0 million). 

Total Company Net Cash Provided by Operating Activities Less Capital Expenditures during the quarter was an inflow of $13.8 million.

INSPIRED SIGNS ONLINE VIRTUAL SPORTS CONTRACT WITH MOZZART

Virtual Plug & Play™ to launch throughout Eastern Europe

New York, November 3, 2021 — Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) announced today that it has signed a contract to launch its best-in-class interactive Virtual Sports content with Mozzart, a leading iGaming operator in Eastern Europe. Inspired has agreed to supply Mozzart with the Virtual Plug & Play™ (“VPP”) solution, which will allow Mozzart’s players to access multiple Virtual Sports online, including soccer, basketball and football, via a direct wallet integration.

Initially VPP is expected to launch in Mozzart’s core market Serbia. Mozzart has agreed to deploy Inspired as its primary Virtual Sports channel across all brands and territories.

“Mozzart is a leading online gaming operator in Eastern Europe and we are thrilled to become their primary Virtual Sports provider across all brands and territories,” said Brooks Pierce, President and Chief Operating Officer. “Mozzart and their players are familiar with Virtual Sports and we look forward to expanding the breadth of their offering with our award-winning Virtual Sports.”

“Inspired has a wide array of Virtual Sports offerings and they are able to customize them, allowing us to tailor the product to our core markets, ensuring high engagement from our players in each territory,” said Katarina Masal, Virtual Games Sector Manager at Mozzart. “With Inspired’s content, we can offer multiple channels of single match and Matchday soccer as well as European and U.S. basketball, horse racing, car racing and even marble racing. They have thought of all of the different ways that players will be attracted to these products, and we are sure our players will be thoroughly entertained.”

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/.

Inspired Signs Contract with Major League Baseball Players Alumni Association

All-time greatest hitters to be featured in new Home Run Shoot Out™ virtual sports game

NEW YORKOct. 27, 2021 /PRNewswire/ -- Inspired Entertainment, Inc. (Inspired) (NASDAQ: INSE) has announced a multi-year exclusive contract with the Major League Baseball Players Alumni Association (MLBPAA) to utilize the name, brand, image, persona and likenesses of the MLBPAA members to be commercially used worldwide. Inspired intends to use its award-winning visual effects and the latest in motion capture technology to bring the MLBPAA greats to life, delivering an experience with 'Home Run Shoot Out™', a virtual home run hitting competition, which can be licensed to all of Inspired's virtual sports customers, both online and in retail.

"We are pleased to announce our partnership with the MLBPAA, which allows us to produce the first-ever suite of entertainment products featuring the brands and images of its members," said Brooks Pierce, President and Chief Operating Officer of Inspired Entertainment. "Fans will love cheering on their favorite superstar players of all time, creating a more passionate and competitive experience. We have had great success with our NFLA Legends of Football™ game and we expect to raise the bar even higher with Home Run Shoot Out™."

As the pioneer of virtual sports, Inspired has recreated the action of the world's most popular sports for more than 15 years. Inspired's 'Home Run Shoot Out™' virtual baseball game will showcase some legends of the game, including Baseball Hall of Fame home run hitters Mike SchmidtReggie Jackson and Al Kaline, as well as other prominent former players. Fans can watch some of the greatest sports heroes in baseball history slug it out in a shortened home run hitting competition, where they can bet a number of different ways including the winning player, total number of home runs, correct score and the under/over markets.

Pierce continued, "Fans will now have the opportunity to watch the best ever to play the game, compete against the power hitters of the next generation. The game will initially be in a single-match format, but we are also developing a knock-out/tournament format with an overall tournament winner and we intend to continually introduce new legends to the game."

The MLBPAA's membership currently has more than 8,600 members composed of former Major League Baseball players.

"As the award-winning recognized leader in virtual sports, Inspired is the perfect fit for the MLBPAA and our members," said MLBPAA President Brooks Robinson. "We are always looking for new and different channels to expand our reach, assist our members and help our local communities. This partnership with Inspired fits well within our primary mission. The Home Run Shoot Out suite of games helps position MLBPAA legends to grow their brands, embrace technology and remain in the front of the minds of their fans."

The MLBPAA was formed to promote the game of baseball, raise money for charity, inspire and educate youth through positive sport images and protect the dignity of the game through former players. A nonprofit organization, the MLBPAA establishes a place where a player's drive for excellence and achievement on the field can continue long after they take their last steps off the professional diamond.

Inspired To Launch iLottery Games With Loto-Québec

Scarab Treasures (Pharaon reactionMC) the first of many digital lottery titles to go live with operators  

New York, October 27, 2021 

Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) has enhanced its partnership with Loto-Québec to be the first customer to launch Inspired’s iLottery games.  Loto-Québec has been a long-time customer and currently offers Inspired’s best-in-class Interactive casino content on its online gaming website, lotoquebec.com.  This new addition allows for the inclusion of Inspired’s digital lottery games to lotoquebec.com and its Loto-Québec app, which allows adults in the Quebec province to play online lottery games, with the winnings directly deposited into an account. Inspired is expected to launch its first new iLottery games, Scarab Treasures (branded Pharaon reactionMC) and Fruit Drop Scatterdrops™ (branded Explosion de fruits reactionMC), in 2022.  

“We see our entry into the iLottery market, with Loto-Québec as our first customer, as an important strategic step for our company, which we are very excited about,” said Brooks Pierce, President and Chief Operating Officer at Inspired. “Our management team has extensive experience in the global lottery market, which is estimated to be over $300 billion, and we view iLottery as a significant potential growth opportunity, poised to see higher adoption by lotteries worldwide.” 

“Inspired’s online casino content has proven popular with our customers and we are glad to be their first customer in the iLottery market,” said Anne-Marie Voyer, Director of Lottery Products & Developmentat Loto-Québec. “We are looking forward to collaborating with Inspired to feature some of our successful retail brands in their digital lottery games.   

INSPIRED LAUNCHES TWISTAR, A GEM-THEMED ONLINE & MOBILE SLOT GAME

19 October 2021 – Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) is pleased to announce the launch of Twistar™, a gem-themed slot game with a twisting, expanding Wild that will transport players to a fantasy land of jewels and riches. Available online and on mobile.

Oozing with energy and vibrancy, Twistar’s mesmerizing soundtrack and spellbinding graphics create an immersive iGaming experience that offers players dazzling cash pay-outs.

Twistar_banner.png

The game’s key features are the expanding Wild symbols that create Wild stacks and award the player with a re-spin. During a re-spin, Wild stacks “twist” onto the opposite reel, making them “sticky” for further re-spins. If the player lands a duplicate Wild stack, it twists over and gives incremental multipliers for endless winning opportunities! With a reel configuration of 6x4 and 40 win-lines, Twistar also features mystery star symbols which activate when six or more are in view. Each mystery symbol creates more chances to win for the player.

Claire Osborne, Vice President of Interactive at Inspired, said: “Twistar brings players surprises, mystery symbols, expanding Wilds, gems and stars – all with the added Inspired ‘twist.’ Its innovative game mechanics coupled with its bright, captivating graphic design make for an engaging and highly entertaining player experience that will appeal to casual players. We’re thrilled to be adding yet another winning slot to our ever-growing portfolio of premium slot titles.”

Developed by Inspired’s Astra development team, Twistar is a medium volatility game with a return to player (RTP) rate of 95.08%, aimed at the casual online casino player.



Head over to Inspired’s website to sample Twistar here: https://inseinc.com/interactive/games/twistar


For all of Inspired’s other online and mobile games, head here: https://inseinc.com/interactive/games

INSPIRED LAUNCHES REEL SPOOKY KING MEGAWAYS, A HALLOWEEN-THEMED ONLINE & MOBILE SLOT GAME

7 October 2021– Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) is pleased to announce the launch of Reel Spooky King Megaways™, a Halloween-themed, spine-chilling, boo-tiful, 6-reel slot game, developed with the popular Megaways™ game mechanic to give players 117,649 ways to win on every spin. Available online and on mobile.

Set in the moonlit night, the game’s eerie background, classic Halloween imagery and immersive ghostly soundtrack will heighten the player’s senses, for an engaging and highly entertaining twist on Inspired’s successful, hit slot, Reel King Megaways™, this Halloween and beyond.

To advance along the game’s Free Spins trail, players will light the vampire’s reels, yellow. Along the trail, players get the chance to win up to 25 Free Spins with unlimited multipliers and red sticky reels.

Reel Spooky King Megaways gives players the chance to roll in or cascade six classic “Dings” to earn the Reel King, Super King or Spooky King bonus.? Six yellow reels will trigger the Reel King feature while the game’s extra cascades will trigger the Super King or Spooky King Bonus upgrades.

Claire Osborne, Vice President of Interactive at Inspired, said: “We’re delighted to be welcoming the spine-tingling season of Halloween with Reel Spooky King Megaways, a fun and engaging slot, set to have hairs stand on end with plenty of chances to win big! Reel Spooky King Megaways is among our growing portfolio of highly engaging, seasonal Halloween games, which also includes Halloween Cash Pots™ and Book of Halloween™, both of which continue to perform extremely well for us before Halloween, during and thereafter. I’m certain that with its high-spec graphic design and creepy atmospheric soundtrack, Reel Spooky King Megaways will deliver an abundance of tantalising treats for all!”

Head over to Inspired’s website to sample Reel Spooky King Megaways here:

https://inseinc.com/interactive/games/reel-spooky-king-megaways/

For all of Inspired’s other online and mobile games, head here: https://inseinc.com/interactive/games

INSPIRED LAUNCHES BIG PIGGY BONUS, A NOVEL PIG-THEMED ONLINE & MOBILE SLOT GAME

27 September 2021– Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) is pleased to announce the launch of Big Piggy Bonus™, a novel pig-themed slot game where players can “bring home the bacon,” available online and on mobile.

Big Piggy Bonus with its vibrant piggy character and symbols of extravagance, will transport players to a fun-filled world of riches, monocles, and top hats! Set in the Piggy’s mansion, the game’s big band jazz soundtrack will have players on the edge of their seats, spinning the dazzling reels to win ham-some cash pay-outs.

With a configuration of 6×4 reels and 50-win lines, Big Piggy Bonus uses Inspired’s well established and exceedingly popular Big Bonus mechanic, to deliver players a thrilling, engaging and visually impactful iGaming experience.

During the base game, three to six scatters can activate the bonus which triggers the Pick Me feature. Players can bag guaranteed multipliers of x20, x25, x30, x50 or x100 in the game’s bonus round.

Big Piggy Bonus’s Free Spins feature includes sticky Wilds that will continue to accumulate wins indefinitely until the player achieves a single win of greater than or equal to the game’s Big Win amount.

Claire Osborne, Vice President of Interactive at Inspired, said: “We’re thrilled to launch Big Piggy Bonus, our first ever pig-themed game. The pig is a likeable animal around world, regarded by many cultures as a sign of prosperity and good fortune, so we hope the theme brings just that for our Operator partners and their players! With its extremely popular Big Bonus mechanic and its crisp graphics, I’m certain Big Piggy Bonus will become a hit, adding even more vibrancy to our growing portfolio of innovative and player-favourite slot titles.”

Big Piggy Bonus is a medium-volatility game with a return to player (RTP) rate of 95%, aimed at the casual online casino player.

Head over to Inspired’s website to sample Big Piggy Bonus here:

https://inseinc.com/interactive/games/big-piggy-bonus

For all of Inspired’s other online and mobile games, head here: https://inseinc.com/interactive/games

INSPIRED LAUNCHES BONUS FRUITS, A MODERN FRUIT-THEMED ONLINE & MOBILE SLOT GAME

10 September 2021– Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) is pleased to announce the launch of Bonus Fruits™, a modern fruit-themed slot game, available online and on mobile.

With a 6×3 reel configuration and 40 win-lines, Bonus Fruits is a modern fruit-based slot game that offers players the juiciest iGaming experience around. It’s a medium volatility, time-on-device game that has been fully optimised for desktop as well as portrait and landscape mobile play. 

In the base game, six or more diamonds trigger the game’s iconic SPIN & WIN Bonus, while three or more scatter symbols offer the player a choice of entering either the game’s Free Spins Bonus or the SPIN & WIN Bonus. Players must fill all the juicy reels to win the game’s delectable 1000x Grand Jackpot. 

Featuring vivid graphics, vibrant fruity symbols, an array of stacked Wilds, multiple bonuses and an upbeat electronic soundtrack, Bonus Fruits is the ideal game for players to relax, unwind and have fun with. 

Claire Osborne, Vice President of Interactive at Inspired, said: “We’re delighted to launch Bonus Fruits, a welcome, tantalising addition to our growing and varied portfolio of innovative slot titles. The game’s vibrant fruit graphics and seamless gameplay will please an array of casual slot fans with all budgets while offering them an enjoyable and relaxed iGaming experience.”

With a return-to-player (RTP) rate of 95%, Bonus Fruits is a medium volatility game, aimed at the casual online casino player. 

Available online and on mobile. 

Head over to Inspired’s website to sample Bonus Fruits here:  

https://inseinc.com/interactive/games/bonus-fruits

INSPIRED LAUNCHES JUNGLE FALLS, A JUNGLE-THEMED ONLINE & MOBILE SLOT GAME

August 16, 2021 – Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) is pleased to announce the launch of Jungle Falls™, a classic jungle-themed cluster slot game brimming with tropical summer holiday vibes, available online and on mobile.

Developed by Inspired’s Bell-Fruit Games development studio, Jungle Falls is a Cluster Pays game with an 8×6 reel configuration plus a separate top reel that delivers short term persistence. It is fully optimised for desktop, landscape, and portrait mobile play.

Teeming with tumbling reels and cluster wins, Jungle Falls features colourful coins and Wilds that advance across the top reel, entering the free-flowing waterfall as wins are paid beneath them. Coin values move down the waterfall and are paid at the base. Each cascade within a game increases and lights a step on the ladder towards Rapid Run and Jungle Falls. Three or more rainbow-coloured gems trigger the Rainbow Falls Free Spins bonus with progressive win multipliers.

For an extra layer of entertainment, players should watch out for the game’s dynamic, colourful jungle wildlife characters, which include the crocodile, bird, and monkey. When these animals become active, they modify the grid, increasing the gameplay’s thrill and player engagement.

Dave Johnston, Head of Bell-Fruit Games at Inspired, said: “Jungle Falls is the ideal slot for players to unwind, relax and have fun with. Its vibrant, colourful graphics, coupled with its exotic soundtrack of Caribbean steel drum rhythms, instantly transport players to a world of sunshine and riches. We’re confident the game will do well with players relishing the last of the summer months and those seeking some winter sun too. We’re delighted to be adding Jungle Falls to our growing portfolio of seasonal games.”

With a return-to-player (RTP) rate of 95.18%, Jungle Falls is a medium volatility game, aimed at the casual online casino player.

Head over to Inspired’s website to sample Jungle Falls here: https://inseinc.com/interactive/games/jungle-falls

For all Inspired’s other online and mobile games, head here: https://inseinc.com/interactive/games

Inspired Reports Second Quarter 2021 Results

NEW YORK, Aug. 12, 2021 /PRNewswire/ --

- All constraints on betting shops, pubs and holiday parks in England lifted on July 19th following COVID-19-related restrictions associated with the staged reopening of operations during the second quarter 2021

- Company refinanced all of its debt during the second quarter, issuing £235.0 million ($324.7 million) of 7.875% senior secured notes and establishing a £20.0 million ($27.6 million) secured revolving facility

- Company facilitated Landgame Trust's secondary offering of 6.2 million shares of common stock of the Company, which was oversubscribed and included allocations to over 40 institutional investors

- Second Quarter Interactive Revenue increased 69.0% year-over-year, notwithstanding the staged reopening of retail customers during the quarter

- Second Quarter Revenue increased 166.4% year-over-year to $41.5 million

- Second Quarter Net Loss of $43.8 million

- Second Quarter Adjusted EBITDA1 increased 289.3% year-over-year to $8.0 million

- Management affirms third quarter 2021 Adjusted EBITDA Guidance of $28 million to $30 million

- Inspired Entertainment, Inc. ("Inspired" or the "Company") (NASDAQ: INSE) today reported financial results for the three-month period ended June 30, 2021.

The Company generated total revenue of $41.5 million, a net loss of $43.8 million and Adjusted EBITDA of $8.0 million in the three months ended June 30, 2021 on a reported basis2. The Company exhibited year-over-year growth on a reported basis across all segments in the second quarter 2021. The Interactive business continued to display strong performance, and sequential growth, in all major markets, with revenue of $5.8 million, an increase of 69.0% year-over-year, due to the addition of new customers and territories and the consistent launch of new high-quality content. This expansion, as well as the associated costs to establish new geographies and licensed content, led to Interactive segment operating income increasing 46.8% year-over-year to $2.6 million, and Adjusted EBITDA increasing 45.7% to $3.6 million from $2.4 million in the prior-year period. The Interactive business generated record revenues for the Company in July.

The complete financial report can be found here: https://investors.inseinc.com/2021-08-12-Inspired-Reports-Second-Quarter-2021-Results.

INSPIRED LAUNCHES THIS SUMMER’S HOTTEST TITLE, SUPER HOT FRUITS MEGAWAYS, A FRUIT-THEMED ONLINE & MOBILE SLOT GAME

2 August 2021 – Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) is pleased to announce the highly anticipated launch of Super Hot Fruits Megaways™, a classic fruit-themed, five-reel slot game, available online and on mobile.

With 117,649 ways to win, Super Hot Fruits Megaways brings Inspired’s unique Hot Spins mechanic to the Megaways player in an evolved Megaways adaptation of Inspired’s top-performing, original Hot Spins game, Super Hot Fruits™. With more than one billion lifetime plays globally, Super Hot Fruits has become one of Inspired’s most played games of all time.

Super Hot Fruits Megaways is the first adjacent pays Megaways game to hit the iGaming market. Akin to a cluster pays game, the adjacent pays functionality allows players to achieve a win across all adjacent reels, whether from left-to-right or right-to-left, heightening the player’s anticipation and thrill of a big win.

Resembling the original game’s format, Super Hot Fruits Megaways has been configured with five reels that offer the much-loved Hot Spins feature after every reel win of four times the stake or greater. Players will have the chance to replay their winnings across four sets of scorching reels at a return to player rate (RTP) of 100%. If a stack of Wilds fills a reel, Hot Spins will replicate this onto subsequent reel sets for a visually impactful player experience.

Featuring classic, player-favourite fruit machine symbols, Super Hot Fruits Megaways with its sharp, vibrant graphics, offers players a fun, thrilling and engaging iGaming experience packed with lucrative cash pay-outs.

Joe Philips, Vice President of Games at Inspired, said: “We’re thrilled to be launching Super Hot Fruits Megaways. Undoubtedly one of Inspired best-known brands, it will be this year’s hottest fruit-themed Megaways slot title. We have taken the classic, player-favourite Super Hot Fruits and made it Mega! Traditional Megaways players may not have been exposed to our Hot Spins mechanic so we are hoping to extend its appeal to the Megaways community.”

Aside from its four sets of scorching reels in the game’s Hot Spins feature, Super Hot Fruits Megaways is a medium-volatility game with an RTP of 94.03%, aimed at the casual online casino player.

Head over to Inspired’s website to sample Super Hot Fruits Megaways here: https://inseinc.com/interactive/games/super-hot-fruit-megaways/

For all Inspired’s other online and mobile games, head here: https://inseinc.com/interactive/games

INSPIRED LAUNCHES HOT JOKER 4-WAYS, A CLASSIC JOKER-THEMED ONLINE & MOBILE SLOT GAME

20 July 2021 – Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) is pleased to announce the launch of Hot Joker 4-Ways™, a classic joker-themed, time-on-device slot that features exhilarating gameplay over four sets of reels and is available on mobile and online.

With a configuration of four sets of 6×4 reels combined with 50-win lines per reel set, Hot Joker 4-Ways offer players a total of 200 win-lines. The game’s innovative mechanics deliver players a thrilling, engaging and visually impactful iGaming experience.

Three or more scatters on a reel set triggers the Hot Joker 4-Ways Free Spins bonus round, offering players four chances to win big cash pay-outs. Presented as gold stars, the scatters automatically reward players with the game’s Pick Me feature, with two options to select from: Free Spins or Super Free Spins. Free Spins is played on one set of reels while Super Free Spins is played on all four sets of reels. A full stack of Wilds will replicate over subsequent reel sets in the Super Free Spins round.

Claire Osborne, Vice President of Interactive at Inspired, said: “We’re turning up the heat with the launch of Hot Joker 4-Ways, a fast-paced and visually impactful slot title that looks amazing for mobile customers in both landscape and portrait play. Its sizzling hot joker-themed reels deliver an entertaining iGaming experience, while keeping players fully engaged with lucrative cash pay-outs. We’re thrilled to be adding Hot Joker 4-Ways to our growing portfolio of fun and popular online slot games.”

Hot Joker 4-Ways is a medium-volatility game with a return to player (RTP) rate of 95%, aimed at the casual online casino player.

Head over to Inspired’s website to sample Hot Joker 4-Ways here: https://inseinc.com/interactive/games/hot-joker-4-ways

For all Inspired’s other online and mobile games, head here: https://inseinc.com/interactive/games

INSPIRED LAUNCHES BIG SPIN BONUS, A CLASSIC FRUIT-THEMED ONLINE & MOBILE SLOT GAME

14 July 2021– Inspired Entertainment, Inc (“Inspired”) (NASDAQ: INSE) is pleased to announce the launch of Big Spin Bonus™, a classic fruit slot with a unique bonus mechanic, available online and on mobile.

Big Spin Bonus is a descendant of Inspired’s exceedingly popular hit, Big Bonus. With 50 win-lines and a 6×4 reel configuration, Big Spin Bonus offers players a visually impactful and thrilling iGaming experience.

The player is awarded between one and five guaranteed Big Win Spins, which are wins of 20x or more, via the game’s Pick Me feature. Players have unlimited Free Spins until the Big Spin Bonus bank is exhausted, building up their prize pot with every spin in between. During Free Spins, sticky wilds will accrue to increase the player’s chances of a big win. The aim is to have as many of the sticky wilds accumulated before using up their Big Win Spins.

Steve Collett, Chief Product officer at Inspired, said: “Big Spin Bonus is an exceptional addition to our thriving portfolio of innovative and player-favourite slot titles. With its unique bonus mechanic, Big Bonus was a very successful launch for us, and we are delighted to now be launching its successor. Big Spin Bonus offers players more excitement and potentially more wins! The game’s classic, fruit style graphics coupled with its distinctive bonus mechanic offers players a fun and engaging experience, which we know players will love.”

Big Spin Bonus is a medium-volatility game with a return to player (RTP) rate of 95%, aimed at the casual online casino player.

Head over to Inspired’s website to sample Big Spin Bonus here:  https://inseinc.com/interactive/games/big-spin-bonus/

For all of Inspired’s other online and mobile games, head here: https://inseinc.com/interactive/games

Inspired Entertainment Launches End-To-End Online And Mobile Virtual Sports Offering On BetMGM In New Jersey

Inspired will provide Virtual Plug & Play™ to New Jersey players, more states to follow

NEW YORKJuly 12, 2021 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) announced today that it has launched its V-Play Plug & Play™ solution – a complete end-to-end online and mobile virtual sports offering – on BetMGM Casino, Borgata Casino, and Party Casino in New Jersey. As BetMGM strengthens its player-first experiences, its players in other states can also expect access to these Inspired offerings in the future.

"We are thrilled to be able to offer Inspired's leading virtual sports to BetMGM players – providing an engaging player experience and further complementing their casino and sports betting offerings," said Brooks Pierce, President and Chief Operating Officer of Inspired. "We have a longstanding relationship with BetMGM and they have built a great platform with recognized brands. We believe V-Play Plug & Play™ will thrive and we are looking forward to increasing our online presence in the States."

BetMGM Casino, Borgata Casino and Party Casino now offer New Jersey players a full suite of award-winning virtual sports, including NFL Alumni ("NFLA") football, basketball, soccer, horses, dogs, motor racing, and marbles.

"For many years, Inspired has continued to innovate and provide players with best-in-class virtual content," said Matthew Sunderland, Vice President of Gaming, BetMGM. "As we focus on serving players the best titles and most complete platform, we're thrilled to offer them Inspired's popular virtual sports."

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/.

Inspired Launches V-Play™ Soccer 3.0, Matchday 3.0 And European Tournament With OPAP

NEW YORKJune 24, 2021  – Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) announced today that it has joined with OPAP S.A. (“OPAP”), the leading Greek betting and lottery operator, to launch V-Play Soccer 3.0 and Matchday 3.0 with enhanced graphics, new features and European Tournament, which offers never-before-seen functionality, across OPAP’s retail estate throughout Greece.

Inspired’s V-Play Soccer 3.0 offers new first scorer markets and increased goal opportunities. Inspired’s Matchday 3.0 offers betting opportunities across four concurrent soccer games every four minutes. Both V-Play Soccer 3.0 and Matchday 3.0 include new and enhanced graphics.

European Tournament leverages V-Play Soccer 3.0 graphics in a new seven-day knock-out competition offering tournament markets fully integrated with OPAP’s sportsbook platform, which is being scheduled during the European Football Championships.  In addition to offering the most popular single match betting markets, the brand-new knock-out format enables players to bet on how teams will progress through the rounds of fixtures and who will ultimately win the European Tournament.

“We are thrilled to introduce these brand-new Virtual Sports products to OPAP’s customer base across Greece,” said Steve Rogers, Chief Commercial Officer Virtual Sports for Inspired. “Our Virtual Sports have proven to be successful in Greece, and we know these soccer products will deliver the engaging betting experience OPAP customers expect, further complementing their gaming and sports betting businesses. It’s particularly exciting to launch these products as retail betting returns to Greece and right in time for the European Football Championships.”

“Inspired has been a trusted supplier for years,” said Fotis Zisimopoulos, Product Director at OPAP.  “Their Virtuals have proven to be very popular with customers in our retail venues. We are delighted to offer our customers these new products and deliver an improved betting experience in our stores.”

Inspired’s multi award-winning Virtual Sports are popular worldwide, appealing to a wide variety of players through more than 32,000 retail channels and various online websites in 35 countries. Trailers and demos of the latest Virtual Sports offerings are available at www.inseinc.com/virtuals/.

INSPIRED LAUNCHES HOT BONUS JOKER, A CLASSIC JOKER THEME ONLINE & MOBILE SLOT GAME

Wednesday, 23rd June 2021 – Inspired Entertainment, Inc (“Inspired”) (NASDAQ: INSE) is pleased to announce the launch of Hot Bonus Joker™, a classic Joker-themed slot game, available on mobile and online.

With 50 lines and a 6×4 reel configuration, Hot Bonus Joker uses the mechanics and gameplay essence of Inspired’s top performing title, Big Bonus™.

The game’s vivid gameplay graphics and lively winning soundtrack will enhance the excitement as players pick their own big bonus win values. In the base game, landing three or more bonus scatters in view triggers the Free Spins bonus, which presents the game’s “Pick Me” feature. Each scatter that lands transforms into a pick option.

Brimming with gameplay excitement, players can continue winning until they have achieved a single win greater than or equal to their big bonus win value, collecting all the other wins along the way.

A successful hit in Europe, Big Bonus’ unique bonus mechanic has been incorporated into Hot Bonus Joker for players to enjoy.

Claire Osborne, Vice President of Interactive at Inspired, said: “Hot Bonus Joker is a welcome addition to our growing portfolio of medium-volatility games that offer a fun and relaxed gaming experience. This is the first of our Joker-themed games, which will no doubt be popular with players across Europe. Being a very close clone of our hit slot, Big Bonus, we expect great things from this game at launch and beyond.”

Hot Bonus Joker is a medium-volatility game with a return to player (RTP) rate of 95%, aimed at the casual online casino player.

Head over to Inspired’s website to sample Hot Bonus Joker here: https://inseinc.com/interactive/games/hot-bonus-joker

For all of Inspired’s other online and mobile games, head here: https://inseinc.com/interactive/games

Inspired Launches V-Play Soccer 3.0 with Kaizen Gaming for the Greek Market

Launch Aligns with Euro 2020 Soccer Tournament

NEW YORKJune 10, 2021 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) announced today that it has launched V-Play Soccer 3.0™ online in Greece on www.stoiximan.gr. Kaizen Gaming, one of the fastest-growing Game-Tech companies in Europe that operates in Greece and Cyprus under the Stoiximan brand and in GermanyRomaniaPortugal and Brazil under the international brand Betano, is launching three channels of Soccer initially, including versions of the English League, a European League (featuring teams which Stoiximan and Betano sponsors) and a European National teams Soccer competition, which will be quickly followed by a version of the Greek League. Stoiximan will be heavily promoting Virtual Soccer in the run up to the Euro 2020 Soccer tournament which takes place from June 11, 2021 through July 11, 2021. Soon thereafter, Inspired will launch V-Play Basketball, both US and European variants, followed by additional phases of content launches planned for 2021.

"This is our first Virtuals launch with Kaizen Gaming and we are very excited to kick it off with Soccer 3.0 in the run up to the Euro 2020 Soccer tournament," said Brooks Pierce, President and Chief Operating Officer of Inspired. "Kaizen has done a great job on the marketing and promotions leading up to the launch and we are confident this will be a big hit, based on the popularity of our Virtuals in GreeceGreece has been a standout region for our Virtuals products and launching our latest content into this market is a key strategic initiative in 2021."

Inspired's Virtual Soccer and Basketball games have been the top performers in Greece and this online launch brings Inspired's best-in-class Virtual Sports content directly to customers both online and on mobile via the official website of Stoiximan in Greecestoiximan.gr. Kaizen Gaming and Inspired will further strengthen their collaboration by launching in more markets that Kaizen Gaming operates in the upcoming months.

"Our partnership with Inspired highlights our commitment to continuously offer innovative products to our customers. We are very impressed with how Inspired has tailored their Virtuals to the Greek market through their longstanding presence in the retail market and we are ecstatic to launch V-Play Soccer 3.0 right in time for the Euro 2020 Soccer tournament. We are looking forward to our customers experiencing the amazing graphics and unique betting opportunities on offer within Inspired's Virtual Sports," said Vangelis Kalloudis, Virtual Sports Manager of Kaizen Gaming.

Inspired Announces Closing Of Public Offering

NEW YORK, June 1, 2021 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) announced today the closing of an underwritten public offering by The Landgame Trust (Evan Davis, Trustee) (the "Selling Stockholder") of 5,406,633 shares of its common stock at a price to the public of $9.25 per share. The Selling Stockholder also granted the underwriters an option to purchase up to an additional 810,995 shares at the public offering price, less underwriting discounts and commissions, which was exercised in full by the underwriters on May 26, 2021. The closing for the additional shares also occurred on the date hereof.

Inspired did not issue or sell any shares of common stock in the offering and did not receive any proceeds from the sale of the shares of common stock sold by the Selling Stockholder.

B. Riley Securities and Macquarie Capital acted as the bookrunners for the offering, and Craig-Hallum, Roth Capital Partners and Union Gaming acted as co-managers.

Registration statements (including amendments thereto) relating to these securities have been filed with, and declared effective by, the Securities and Exchange Commission ("SEC") (SEC File Nos. 333-217215 and 333-256175). The offering was made only by means of a prospectus supplement and accompanying prospectus. You may obtain a copy of the preliminary prospectus supplement, the final prospectus supplement and the accompanying prospectus related to the offering for free by visiting EDGAR on the SEC's website at www.sec.gov. Alternatively, copies of the preliminary prospectus supplement, the final prospectus supplement and the accompanying prospectus may be obtained from B. Riley Securities, Inc., 1300 17th Street North, Suite 1300, Arlington, Virginia 22209, email: prospectuses@brileyfin.com, telephone: (800) 903-3268.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there by any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.

Inspired Announces Pricing Of Public Offering

NEW YORK, May 26, 2021 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) announced today the pricing of an underwritten public offering by The Landgame Trust (Evan Davis, Trustee) (the "Selling Stockholder") of 5,406,633 shares of its common stock at a price to the public of $9.25 per share. The Selling Stockholder has also granted the underwriters an option to purchase up to an additional 810,995 shares at the public offering price, less underwriting discounts and commissions. The offering is expected to close on June 1, 2021, subject to customary closing conditions.

Inspired is not issuing or selling any shares of common stock in the offering and will not receive any proceeds from the shares of common stock sold by the Selling Stockholder, except as set forth in the prospectus supplement relating to the offering.

B. Riley Securities and Macquarie Capital are acting as the bookrunners for the offering; with Craig-Hallum, Roth Capital Partners and Union Gaming acting as co-managers.

Registration statements (including amendments thereto) relating to these securities have been filed with, and declared effective by, the Securities and Exchange Commission ("SEC") (SEC File Nos. 333-217215 and 333-256175). The offering is being made only by means of a prospectus supplement and accompanying prospectus. Before you invest, you should read the prospectus filed with the SEC on May 25, 2021 pursuant to the registration statements, the preliminary prospectus supplement, the final prospectus supplement and other documents Inspired has filed with the SEC and incorporated by reference into the registration statements for more complete information about Inspired, its common stock and this offering. You may obtain a copy of the preliminary prospectus supplement and, when available, the final prospectus supplement and the accompanying prospectus related to the offering for free by visiting EDGAR on the SEC's website at www.sec.gov. Alternatively, copies of the preliminary prospectus supplement, the final prospectus supplement and the accompanying prospectus may be obtained, when available, from B. Riley Securities, Inc., 1300 17th Street North, Suite 1300, Arlington, Virginia 22209, email: prospectuses@brileyfin.com, telephone: (800) 903-3268.

INSPIRED LAUNCHES BULLION BARS – GRAB THE GOLD, A CLASSIC STEPPER ONLINE & MOBILE SLOT GAME

Monday, 24th May 2021 – Inspired Entertainment, Inc (“Inspired”) (NASDAQ: INSE) is pleased to announce the launch of Bullion Bars – Grab the Gold™. This classic brand from Astra delivers a three-reel, nine-line classic stepper slot game, available online and on mobile devices.

Delivering a seamless and easy-to-navigate player experience, Bullion Bars – Grab the Gold features a “Bullion Ladder” with prizes that step down one position after every spin. Achieving three bonus symbols on an active win line triggers the “Grab the Gold” bonus, with the values on the Bullion Ladder transported across into the bonus feature.

Upon reaching the bonus, players have the option of choosing up to three gold bars to reveal a prize from the bottom of the Bullion Ladder. The ladder continues to step down three places while adding prizes for future rounds. Selecting a gold bar labelled “COLLECT” ends the game’s bonus round. The aim is to reach the final round for a chance of winning the Super Bar.

Claire Osborne, Vice President of Interactive at Inspired, said: “We pride ourselves on our wide variety of game mechanics and seasonal themes within our growing portfolio of content, and Bullion Bars – Grab the Gold is a welcome addition to our line-up of classic slot games. There are many slot fans out there who know and love stepper-themed games, which makes them popular titles and therefore they tend to do well. Bullion Bar’s simplicity, clean graphics and ease of navigation will no doubt appeal to many players who are after a fun and relaxed gaming experience, which Inspired games offer in abundance.”

Bullion Bars – Grab the Gold™ is a medium-volatility game with a return to player (RTP) rate of 95%, aimed at the casual online casino player.

Head over to Inspired’s website to sample Bullion Bars – Grab the Gold here: https://inseinc.com/interactive/games/bullion-bars-grab-the-gold/

For all of Inspired’s other online and mobile games, head here: https://inseinc.com/interactive/games

Inspired Announces Closing Of £235 Million Senior Secured Notes Offering

NEW YORK, May 20, 2021 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) announced today that its wholly-owned subsidiary, Inspired Entertainment (Financing) plc, has closed its previously announced private offering of £235.0 million aggregate principal amount of senior secured notes due 2026 (the "Senior Secured Notes"). The Senior Secured Notes bear interest at 7.875% per annum, payable semi-annually on June 1 and December 1, beginning on December 1, 2021. The Senior Secured Notes are guaranteed on a senior secured first-priority basis by Inspired and certain of Inspired's English and U.S. subsidiaries.

Inspired used the proceeds from the offering of the Senior Secured Notes (i) to repay its existing £145.8 million senior secured term loan facility and €93.1 million senior secured term loan facility and accrued interest thereon, (ii) to pay fees, commissions and expenses incurred in connection with the refinancing and (iii) for general corporate purposes, including to close-out derivative contracts entered into in connection with the existing term loan facilities.

Concurrently with the transactions above, the Issuer, Gaming Acquisition Limited (a subsidiary of Inspired) and Inspired Gaming (UK) Limited (a subsidiary of Inspired) and Inspired, amongst others, entered into a new £20 million super senior revolving credit facility.

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 more than 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 gaming terminals. Additional information can be found at www.inseinc.com.

Regulatory Notice

The Senior Secured Notes will be offered only to Qualified Institutional Buyers within the meaning of Rule 144A of the Securities Act of 1933, as amended (the "Securities Act"), and to certain non-U.S. persons in transactions outside the United States in compliance with Regulation S under the Securities Act. The issuance and sale of the Senior Secured Notes and related guarantees have not been, and will not be, registered under the Securities Act or the securities laws of any state of the United States or other jurisdiction, and the Senior Secured Notes and related guarantees may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state or local securities laws.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the Senior Secured Notes. The Senior Secured Notes offering is being made only by means of a private offering memorandum and is not being made to any person in any jurisdiction in which such offer, sale or solicitation is unlawful.

The Senior Secured Notes are not intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made available to any "retail investor" in the United Kingdom or in member states of the European Economic Area and this notice is not addressed to or directed at any such person. A "retail investor" for these purposes in the United Kingdom means a person who is (i) a "retail client", as defined in point (8) of Article 2 of Regulation (EU) No 2017/565 as it forms part of the domestic law of the United Kingdom by virtue of the European Union (Withdrawal) Act 2018 ("EUWA"); or (ii) a "customer" within the meaning of the provisions of the Financial Services and Markets Act 2000, as amended (the "FSMA") and any rules or regulations made under the FSMA to implement Directive (EU) 2016/97, where that customer would not qualify as a "professional client", as defined in point (8) of Article 2(1) of Regulation (EU) No 600/2014 as it forms part of the domestic law of the United Kingdom by virtue of the EUWA. A "retail investor" for these purposes in the European Economic Area means a person who is: (i) a "retail client" as defined in point (11) of Article 4(1) of Directive 2014/65/EU (as amended, "MiFID II"); (ii) a "customer" within the meaning of Directive 2016/97/EU, where that "customer" would not qualify as a "professional client" as defined in point (10) of Article 4(1) of MiFID II.

In the United Kingdom, this notice is being distributed only to and is directed only at: (a) persons who are "investment professionals" falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Order"), (b) high net worth companies, unincorporated associations and other bodies within the categories described in Article 49(2)(a) to (d) of the Order and (c) any other persons to whom an invitation or inducement to engage in investment activity (within the meaning of Section 21 of the FSMA) in connection with the issue or sale of any notes may otherwise lawfully be communicated or caused to be communicated.

Solely for the purposes of the product approval process of the manufacturers (if any), the target market assessment in respect of the Senior Secured Notes has led to the conclusion that: (i) the target market for the notes is "eligible counterparties" and "professional clients" only, each as defined in the applicable product governance rules and regulations; and (ii) all channels for distribution of the notes to "eligible counterparties" and "professional clients" are appropriate.

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, which is available, free of charge, on the U.S. Securities and Exchange Commission's website at www.sec.gov.

INSPIRED INTERACTIVE GAMES GO LIVE IN MICHIGAN

Inspired enters Michigan iGaming market with live games in May

New York, May 19, 2021 — Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) announced today that its remote gaming server (“RGS”) platform has launched in Michigan. An initial batch of Interactive games is now live, with more titles to follow shortly. Inspired has an industry-leading portfolio of in-house produced slot content and Virtual Sports for both online and mobile players, with many of these games custom-built to suit players in North America.

“We are thrilled to launch our Interactive games in Michigan, which has been a key focus of our growth strategy,” said Brooks Pierce, President and Chief Operating Officer. “North America is a priority market for our Gaming, Interactive, and Virtual Sports businesses, and our footprint has been expanding rapidly. As more States pass legislation in the flourishing US iGaming market, we believe we are well-positioned to bring our products to market with a detailed game launch strategy and highprofile partners already in place.”

With a population of approximately 10 million people, Michigan remains a targeted iGaming market for Inspired. In April 2021, Michigan reported $94.9 million from Internet gaming gross receipts, which compares to New Jersey’s Internet gaming gross receipts of $107.8 million in the same month. Since the Michigan Gaming Control Board (“MGCB”) granted Inspired a provisional license to supply its online games in January 2021, Inspired has developed an expanding library of games approved by Gaming Laboratories International (“GLI®”) and MGCB for use in the State.

Inspired Announces Pricing Of £235 Million Senior Secured Notes Offering

NEW YORK, May 13, 2021 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) announced today the pricing of its previously announced private offering of £235.0 million aggregate principal amount of its 7.875% senior secured notes due 2026 (the "2026 Senior Secured Notes"). The 2026 Senior Secured Notes will be issued by Inspired Entertainment (Financing) plc, a wholly owned finance subsidiary of Inspired, and will be guaranteed by Inspired and certain of its English and U.S. subsidiaries. The initial offering price to investors will be 100.00% of the principal amount thereof. The offering is expected to close on or about May 20, 2021, subject to customary closing conditions.

Inspired intends to use the proceeds from the offering of the 2026 Senior Secured Notes (i) to repay its existing £145.8 million senior secured term loan facility and €93.1 million senior secured term loan facility and accrued interest thereon, (ii) to pay fees, commissions and expenses incurred in connection with the refinancing, and (iii) for general corporate purposes, including to close-out derivative contracts entered into in connection with the existing term loan facilities. As part of the refinancing, Inspired will also be putting into place a new 4.5-year £20 million Super Priority Senior Secured Revolving Credit Facility.

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 more than 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 gaming terminals. Additional information can be found at www.inseinc.com.

Regulatory Notice

The 2026 Senior Secured Notes will be offered only to Qualified Institutional Buyers within the meaning of Rule 144A of the Securities Act of 1933, as amended (the "Securities Act"), and to certain non-U.S. persons in transactions outside the United States in compliance with Regulation S under the Securities Act. The issuance and sale of the 2026 Senior Secured Notes and related guarantees have not been, and will not be, registered under the Securities Act or the securities laws of any state of the United States or other jurisdiction, and the 2026 Senior Secured Notes and related guarantees may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state or local securities laws.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the 2026 Senior Secured Notes. The 2026 Senior Secured Notes offering is being made only by means of a private offering memorandum and is not being made to any person in any jurisdiction in which such offer, sale or solicitation is unlawful.

The 2026 Senior Secured Notes are not intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made available to any "retail investor" in the United Kingdom or in member states of the European Economic Area and this notice is not addressed to or directed at any such person. A "retail investor" for these purposes in the United Kingdom means a person who is (i) a "retail client", as defined in point (8) of Article 2 of Regulation (EU) No 2017/565 as it forms part of the domestic law of the United Kingdom by virtue of the European Union (Withdrawal) Act 2018 ("EUWA"); or (ii) a "customer" within the meaning of the provisions of the Financial Services and Markets Act 2000, as amended (the "FSMA") and any rules or regulations made under the FSMA to implement Directive (EU) 2016/97, where that customer would not qualify as a "professional client", as defined in point (8) of Article 2(1) of Regulation (EU) No 600/2014 as it forms part of the domestic law of the United Kingdom by virtue of the EUWA. A "retail investor" for these purposes in the European Economic Area means a person who is: (i) a "retail client" as defined in point (11) of Article 4(1) of Directive 2014/65/EU (as amended, "MiFID II"); (ii) a "customer" within the meaning of Directive 2016/97/EU, where that "customer" would not qualify as a "professional client" as defined in point (10) of Article 4(1) of MiFID II.

In the United Kingdom, this notice is being distributed only to and is directed only at: (a) persons who are "investment professionals" falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Order"), (b) high net worth companies, unincorporated associations and other bodies within the categories described in Article 49(2)(a) to (d) of the Order and (c) any other persons to whom an invitation or inducement to engage in investment activity (within the meaning of Section 21 of the FSMA) in connection with the issue or sale of any notes may otherwise lawfully be communicated or caused to be communicated.

Solely for the purposes of the product approval process of the manufacturers (if any), the target market assessment in respect of the 2026 Senior Secured Notes has led to the conclusion that: (i) the target market for the notes is "eligible counterparties" and "professional clients" only, each as defined in the applicable product governance rules and regulations; and (ii) all channels for distribution of the notes to "eligible counterparties" and "professional clients" are appropriate.

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, which is 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

SOURCE Inspired Entertainment, Inc.

INSPIRED LAUNCHES SCARAB GOLD, AN ANCIENT EGYPTIAN THEMED ONLINE & MOBILE SLOT GAME

Tuesday, 4th May 2021 - Inspired Entertainment, Inc (“Inspired”) (NASDAQ: INSE) is pleased to announce the launch of Scarab Gold™, an ancient Egyptian themed 6-reel, 5-row, Ways slot game available on mobile devices and online.

With vibrant graphics and an exotic Egyptian soundtrack, Scarab Gold’s high-spec game design and innovative Mystery Boost™ gameplay mechanics create a visually impactful and entertaining iGaming experience for players.

The game offers an enhanced portrait-play version with the Mystery Boost mechanic giving players additional chances to win. The Mystery Boost features blank symbols that if combined with a Scarab symbol, transform into a reel symbol.

The Free Spins Bonus, which is triggered by three or more scatters, offers players additional layers of engagement. It features an increasing unlimited multiplier on each cascade and mystery symbols that will reveal reel symbols, bonus coins or retriggers.

Claire Osborne, Vice President of Interactive at Inspired, said: “We’re delighted to be launching Scarab Gold, which transports players to the mysterious era of Ancient Egypt and gives them 15,625 cascading ways to potentially win big. Regarded as one of Ancient Egypt’s most popular amulets, the game’s jewelled Scarab represents good luck and fortune, which are welcome sentiments among all slot enthusiasts. Its beautiful, vibrant graphics coupled with the Mystery Boost™ gameplay mechanic and its free spins bonus will help make Scarab Gold a successful hit among players and our operator partners alike.”

Scarab Gold is a medium volatility game with a return to player (RTP) rate of 95%, aimed at the casual online casino player.

Head over to Inspired’s website to sample Scarab Gold here: https://inseinc.com/interactive/games/scarab-gold/

For all of Inspired’s other online and mobile games, head here: https://inseinc.com/interactive/games

INSPIRED LAUNCHES COPS ‘N’ ROBBERS MEGAWAYS, AN ONLINE & MOBILE SLOT GAME

Wednesday, 21st April 2021 - Inspired Entertainment, Inc (“Inspired”) (NASDAQ: INSE) is excited to announce the launch of Cops ‘n’ Robbers Megaways™, a six-reel Megaways™ slot title available on mobile devices and online.

Set in the city, Cops ‘n’ Robbers Megaways is an action-packed slot featuring the iconic branding of the classic Cops ‘n’ Robbers® game mixed with the popular Megaways™ game mechanic.

Giving players 117,649 ways to pull off a big win, Cops ‘n’ Robbers Megaways with its vibrant graphics, its innovative gameplay and its immersive outlaw soundtrack will have players on the edge of their seats trying to bag the loot. Watch out for red reels, which increase the Megaways available to players.

Packed with cascading wins and mystery symbols, the bonuses can be triggered by three, four, five or six scatters. When the bonus symbols land, players get a choice between Free Spins and the classic Chase Bonus. The game’s Free Spins Bonus features: Walking Wilds, Stacked Wilds, and an Unlimited Win Multiplier.

Offering multiple layers of engagement, Cops ‘n’ Robbers Megaways gives players the chance to build up cash winnings and avoid the Cop in the Chase Bonus. They’ll face the I.D. Parade if they get caught! Bonus Buy option is available in certain jurisdictions.

Steve Collett, Chief Product Officer at Inspired, said: “We’re thrilled to be setting the sirens off with the launch of Cops ‘n’ Robbers Megaways, a vibrant, action-packed slot offering players thousands of fun ways to bag the loot. We’ve been true to the brand and kept the game’s key iconic imagery intact while lifting the gameplay and added exciting new features, taking this version to another exhilarating level. The game offers a variety of players a fun and exciting gaming experience, making it a bonafide hit for us and our operator partners, at launch and beyond.”

Developed by Inspired’s Bell-Fruit Games team, Cops ‘n’ Robbers Megaways is aimed at the casual online casino player. With a return to player (RTP) rate of 95%, it is a medium volatility game, that offers players a socially responsible and robust gaming experience.

Cops n Robbers Megways

Head over to Inspired’s website to sample Cops ‘n’ Robbers here: https://inseinc.com/interactive/games/cops-n-robbers-megaways.

For all of Inspired’s other online and mobile games, head here: https://inseinc.com/interactive/games.

INSPIRED LAUNCHES FISHING CASH POTS, A FUN FISHING-THEMED ONLINE & MOBILE SLOT GAME

Wednesday, 7th April 2021 - Inspired Entertainment, Inc (“Inspired”) (NASDAQ: INSE) is pleased to announce the launch of Fishing Cash Pots™, a fun fishing-themed 5x3 reel, 10-line interactive slot game, available online and on mobile devices.

The game’s vibrant, aquatic-rich graphics coupled with its upbeat, tropical soundtrack, gives players the opportunity to reel in big cash prizes as they plunge their fishing rods into the game’s deep blue water.

The ubiquitous Cash Collector bonus gives players a chance to win big by collecting fish and up to three fisherman symbols to triple their bonus.

Claire Osborne, VP Interactive at Inspired, said: “Fishing Cash Pots is a fun and upbeat slot game that casual slot players, with all budgets, can enjoy. It’s a great addition to our Cash Pots range of interactive slot games. The game’s crystal-clear blue waters and colourful symbols will transport players to an exciting world of deep-sea fishing. We’re pleased to be adding Fishing Cash Pots to our growing portfolio of diverse content that meets multiple player tastes, styles and preferences.”

Fishing Cash Pots is a medium volatility game with a return to player (RTP) rate of 95%, aimed at the casual online casino player.

Head over to Inspired’s website to sample Fishing Cash Pots here: https://inseinc.com/interactive/games/fishing-cash-pots.

For all of Inspired’s other online and mobile games, head here: https://inseinc.com/interactive/games.

2021 Virtual Sports Season Begins With Virtual Grand National

UK Jockey Club Again Chooses Inspired to Produce Virtual Race on April 9th

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/.

INSPIRED LAUNCHES GIMME GOLD MEGAWAYS, A PROSPECTOR-THEMED ONLINE & MOBILE GAME

Monday, 22nd March 2021 - Inspired Entertainment, Inc (“Inspired”) (NASDAQ: INSE) is pleased to announce the launch of Gimme Gold Megaways™, a classic, prospector-themed Megaways™ title that gives players up to 117,649 ways to win. Available online and on mobile devices.

With an upbeat Gold Rush-style soundtrack to get players spinning for riches, Gimme Gold Megaways and its vibrant, graphic-rich reels will transport players to a gold-mining era, while heightening the excitement of the iGaming experience.

Players enter the Free Spins round upon activating four or more scatters, which features unlimited multipliers that increase each time a winning cascade occurs. Giving players more chances to interact with the game and win big, Bonus Buy and Fortune Bet (1.5x bet) options are also available in certain jurisdictions. Fortune Bet allows players to increase their bet by 50% to boost the bonus.

Claire Osborne, VP Interactive said: “We’re thrilled to be launching Gimme Gold Megaways. It’s a classic Megaways game that is wonderfully colourful and brimming with cascading wins and mystery symbols. The addition of Fortune Bet, which is available in certain jurisdictions, gives players a chance to speed up access to the bonus round, making this game stand out in the crowd. Gimme Gold Megaways is set to be a mega-hit with fans of Megaways slot games.”

Gimme Gold Megaways is a medium volatility game with a return to player (RTP) rate of 95.5%, aimed at the casual online casino player.

Head over to Inspired’s website to sample a demo of Gimme Gold Megaways here: https://inseinc.com/interactive/games/gimme-gold-megaways/

For all of Inspired’s other online and mobile games, head here: https://inseinc.com/interactive/games

INSPIRED CELEBRATES ST. PATRICK’S DAY WITH THE LAUNCH OF SLOTS ‘O’ LUCK FREE SPINS, AN IRISH-THEMED ONLINE & MOBILE GAME

Wednesday, 17th March 2021 – Inspired Entertainment, Inc (“Inspired”) (NASDAQ: INSE) is pleased to announce the launch of Slots ‘O’ Luck Free Spins™, an Irish-themed 6×4 reel, 40-line slot game, available online and on mobile devices.

Giving players a chance to experience the luck of the Irish, Slots ‘O’ Luck Free Spins™ is based on Inspired’s hit game, Gold Cash Free Spins™.

Rich in graphics, the game’s rolling green hills and rainbow-filled, clear blue sky provide a colourful backdrop to its stacked symbols, while giving players an immersive iGaming experience with its Irish-themed jig soundtrack.

Players who enter the bonus round are awarded eight Free Spins featuring the four highest paying symbols, including the Wild and the three gemstones: the green Emerald, the red Ruby and the blue Sapphire. Players can also enable the gamble feature for a chance to increase their winnings or to win Free Spins.

Slots ‘O’ Luck Free Spins is the latest addition to Inspired’s growing portfolio of Irish-themed content, including: Top ‘O’ the Bonus™, a recent launch which teams up elements of a classic slot with an innovative Free Spins Bonus feature; Reel Lucky King Megaways™ with its cascading wins and Megaways mechanic that gives players 117,649 ways to win on every spin; Lucky Ways Multiplier™, which features Re-Life Spins™, an innovative Free Spins bonus with unlimited Free Spins, increasing multipliers and stacked wilds; Rainbow Cash Pots™, a fast-paced Free Spins slot where players can turn golden pots and rainbows into big cash prizes in the Multi Cash Collector Bonus; and Book of the Irish™ which features an adventurous bonus round that will keep players entertained and coming back for more.

Claire Osborne, VP Interactive at Inspired, said: “With its vibrant imagery, Slots ‘O’ Luck Free Spins is the ideal game for the classic slot player, offering an exciting gamble that allows you to reach the Free Spins round from any normal base game win. It’s a welcome addition to our growing collection of Irish-themed slots, all of which differ in style, appealing to a variety of different players. We’re delighted to be celebrating the Emerald Isle with a cracking bunch of St. Patrick’s Day slots for our operator partners and their players.”

Slots ‘O’ Luck Free Spins is a medium volatility game with a return to player (RTP) rate of 95%, aimed at the casual online casino player.

Head over to Inspired’s website to sample Slots ‘O’ Luck Free Spins here: https://inseinc.com/interactive/games/slots-o-luck/

For all of Inspired’s other online and mobile games, head here: https://inseinc.com/interactive/games

INSPIRED DELIVERS ITS PORTFOLIO OF KEY ONLINE & MOBILE GAMES TO THE PLAYTECH GAMES MARKETPLACE

Wednesday, 3rd March 2021 – Inspired Entertainment, Inc (“Inspired”) (NASDAQ: INSE) is pleased to announce it has partnered with Playtech plc (LSE: PTEC) to integrate more than 100 of its best-known online and mobile game titles into the Playtech Games Marketplace.

Bolstering Inspired’s games distribution network, this partnership will enable Inspired to make its key games available to Playtech’s growing list of licensed operator customers via the Playtech Open Platform. Offering seamless configuration, the Playtech Games Marketplace will provide licensees with access to Inspired’s premium content on one unified platform.  It also offers operators a breadth of valuable insights and actionable intelligence to create the optimal player experience.

Serving content for an array of player tastes and preferences, the integration includes a diverse range of Inspired’s premium online and mobile games. Under the agreement, the collection of games includes more than 100 of its highly popular, legacy titles as well as its most recent high-performing games, such as: Reel King Megaways™, Centurion Megaways™, Gold Cash Free Spins™, Bonus Island™ and Vegas Cash Spins™, among others.

Claire Osborne, VP of Interactive at Inspired, said: “Playtech is a leading technology company in the gaming industry. It offers Inspired an exciting opportunity to increase our distribution network and brand exposure among a very valuable audience, across new and existing strategic markets. With plans to deliver more of our top titles throughout this year and beyond, we look forward to building a long and prosperous relationship with Playtech.”

Andrew Muir, Commercial Manager at Playtech, said: “Inspired’s growing portfolio of innovative online and mobile games content will undoubtedly strengthen our games offering. We have a growing list of customers across numerous markets whose content requirements differ significantly, from varying themes and graphics to mechanics and general gameplay. Inspired’s content covers multiple bases that will boost our customers’ games rosters across all our regulated markets. We’re thrilled to be adding Inspired to our flourishing list of distinguished content partners.”

To view Inspired’s growing collection of online and mobile games, head here: https://inseinc.com/interactive/games

INSPIRED LAUNCHES TOP ‘O’ THE BONUS – A CLASSIC IRISH-THEMED ONLINE & MOBILE SLOT GAME

Thursday, 25th February 2021 – Inspired Entertainment, Inc (“Inspired”) (NASDAQ: INSE) is pleased to announce the launch of Top ‘O’ the Bonus™, a classic Irish-themed 6×4 reel, 50-line slot game, available online and on mobile devices.

Giving players a chance to experience the luck of the Irish, Top ‘O’ the Bonus boasts elements of a classic slot with Inspired’s unique Free Spins bonus accumulator feature.

With its vibrant and colourful reels, the game’s bonus round is triggered by three or more scatters. Landing the bonus activates the “Pick Me” feature, revealing the Top ‘O’ the Bonus amount up to x100. The player then enters the Free Spins game with sticky wilds, which will accumulate wins until the player achieves a single win of greater than or equal to the Top ‘O’ the Bonus amount.

Claire Osborne, VP of Interactive at Inspired, said: “Top ‘O’ the Bonus has evolved from Inspired’s top performing fruit-themed classic, Big Bonus™. With its highly popular Irish theme and rich graphics, Top ‘O’ the Bonus has a solid math profile that we know players love. It features our innovative free spins bonuses to create an exciting, highly interactive and an entertaining experience for players, just in time for St. Patrick’s day!”

Top ‘O’ the Bonus is a medium volatility game with a return to player (RTP) rate of 95.61%, aimed at the casual casino player.

Head over to Inspired’s website to sample Top ‘O’ the Bonus here: https://inseinc.com/interactive/games/top-o-the-bonus/

For all of Inspired’s other online and mobile games, head here: https://inseinc.com/interactive/games

MOTO Renews Partnership with Inspired’s Playnation

Contract with leading provider of gaming machines extended for further five years    

  

MOTO, the UK’s largest motorway service operator, is pleased to announce the extension of its partnership with Playnation, part of Inspired Entertainment, a leading provider of gaming machines, who will continue to provide its entertainment services across all MOTO sites.   

  

Playnation has a long-standing relationship with MOTO, providing customers with some of the best adult gaming machines across the motorway service infrastructure. Given the success of this partnership and the proven popularity of their products, MOTO is pleased to extend this relationship for a further five years. Playnation will embark upon a full product refresh to upgrade their existing gaming offering and systems to enhance the customer experience.  

  

Peter Davies, Managing Director of Playnation at Inspired Entertainment adds:   

  

“We have a strong and long-lasting relationship with MOTO, and we are thrilled to renew our partnership. MOTO is a leader in their sector, and we are excited to continue to build our collaborative and strategic relationship that will bring best-in-class hardware, platform, content and innovation to the UK motorway service infrastructure.”    

  

 Nick Tatum, Moto Hospitality’s Chief Customer Officer commented: 

  

Moto are delighted to extend our current partnership with Playnation.  

  

Playnation offer a first-class product and service model and we look forward to providing our customers with leading products and game content across our motorway locations. 

Inspired and The CAGE Companies Announce Exclusive Virtual Sports Agreement Across the Caribbean

Inspired to Offer Retail and Online Virtuals through CAGE Sports to the Caribbean

NEW YORK and BETHESDA, Md.Feb. 16, 2021 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) announced today it has entered into an exclusive agreement with The CAGE Companies (An RLJ Companies Majority Owned Company) and its subsidiary, CAGE Sports BV, to offer Inspired's multi-award winning virtual sports in CAGE's retail outlets and interactive channels throughout the Caribbean. CAGE is a prominent video lottery and video gaming terminal operator in the Caribbean and South America.

Inspired will provide its V-Play Plug & Play™ ("VPP") online and mobile product solution to CAGE's interactive channels through online platforms and its best-in-class virtual sports to retail venues throughout the Caribbean starting in 2021. VPP includes multiple custom sports variants for CAGE customers, including virtual cricket, which Inspired will be introducing for the first time as part of its VPP solution given the popularity of cricket in the Caribbean.

"The CAGE Companies have established themselves as the Caribbean's premier gaming route operator and Robert L. Johnson is a true visionary. We are looking forward to working with them and extending our partnership to deploy our leading content into the market," said Brooks Pierce, President and Chief Operating Officer of Inspired. "Our virtuals have proven popular in EuropeAsiaAfrica and North America and we see the Caribbean as an opportunity to showcase the strength of our overall offerings."

CAGE and its affiliates can also sublicense the products to third-party operators in the Caribbean.

"We are thrilled to be able to offer Inspired's leading virtual sports to our customer base in the Caribbean, providing an engaging betting experience and further complementing our sports betting business," said Robert L. Johnson, Founder of The RLJ Companies and Co-Founder and Majority Owner of the CAGE Companies. "With Inspired's virtuals, and cricket in particular, our customers' favorite sports seasons don't have to end and our retailers can enjoy the financial benefits of the extended season."

"We look forward to starting up our virtual sports operations in a number of Caribbean countries where CAGE Sports has existing licenses or management agreements during the late first quarter/early second quarter 2021," said Robert B. Washington, Co-Founder, Chairman and CEO of the CAGE Companies. "We are also excited about partnering with Inspired in creating new 'Caribbean Legends of Cricket' virtual sports games which we believe will create customer excitement in the Caribbean community and beyond," stated Robert B. Washington.

Inspired's pioneering 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/.

Inspired Provides Update on Growth Trends and Developments in its Online Businesses

New York, February 8, 2021 – Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) today provided an update on growth trends and recent business developments in its online operations, comprised of its leading global slot and virtual sports content licensed to online operators.

During 2020, aggregate revenue from all of Inspired’s online businesses rose from £1.2 million in January to £3.1 million in December ($1.7 million to $4.3 million)[1], a two-and-a-half-fold increase. Inspired’s growth in casino and virtual sports online outpaced the general market, even while the general market for online games grew significantly during 2020.

Much of Inspired’s growth in 2020 came from its existing customer base in Europe, reflecting the growing migration of end users to online platforms, an increase in the volume and popularity of the Company’s new proprietary content, significantly improved game quality, strong account management and the launch of Virtual Plug & Play™ (“VPP”), Inspired’s complete end-to-end online and mobile all-in-one virtual offering. Additionally, Inspired launched with over 50 new online customers throughout the UK, New Jersey, Canada, Greece, Mexico, Germany, Belgium, Turkey, Italy and Sweden and further expanded its base of interactive aggregators.

Between January 2020 and December 2020, Inspired’s peak level of casino game play increased from 8,000 plays per minute to over 22,000 plays per minute, reflecting the scalability of Inspired’s technology platform to accommodate significant increases in volumes. Inspired expects these growth trends, both in the general market and with respect to its business, to continue in 2021 through further jurisdictional expansion, new commercial agreements and continued strong product development across both casino and virtual sports online. Given the scalable nature of Inspired’s online business, it is expected that any growth in this business will lead to increasing operating margins over time.

Jurisdictional Expansion

Inspired entered the North American marketplace at the end of 2018 and experienced accelerating growth during 2020. Inspired’s business is expected to benefit from an increased presence in a number of key jurisdictions.

Success in New Jersey - Inspired has expanded its presence to now include over half of the New Jersey operators as revenue-generating customers. Given the performance of our content in the market, a number of additional customers intend to launch our VPP product in the near future.


New Supplier License in Michigan - Inspired was granted a provisional license to supply its online games by the Michigan Gaming Control Board in January 2021. Michigan has launched play and, with a population of approximately 10 million people, remains a focus iGaming market for Inspired. Building on a foundation of commitments from multiple online casino operators, Inspired’s remote gaming server (“RGS”) platform is expected to launch in early 2021 with 12 slot titles and to add to this continuously going forward.


New Supplier License in West Virginia - Inspired was granted a supplier license from the West Virginia Lottery Commission in November 2020 and has commitments to distribute its content later in 2021.


Recent Customer Developments

Inspired has agreements with most of the major online operators and aggregators and continues to seek to expand its distribution channels and brand awareness in North America and beyond by making its casino and virtual sports online content available through these operators and aggregators.

Expanded Framework Agreement with Entain - In January 2021, Inspired entered into a new long-term agreement with Entain plc (LSE: ENT) for the provision of virtual sports across Entain’s brands. Entain is one of the world’s largest sports betting and gaming groups, using some of the industry’s most iconic brands such as Ladbrokes, Coral, BetMGM, bwin, Sportingbet, Eurobet, partypoker, partycasino, Gala and Foxy Bingo. This agreement is incremental to Inspired’s existing contract for online casino content and represents a significant extension in scope and duration to the existing arrangements.
Expanded Arrangement with Snaitech in Italy - In January 2021, Inspired entered into a new virtual sports agreement with SNAITECH in Italy. This agreement expands upon the companies’ existing partnership and provides for the launch of virtual sports on SNAITECH’s sports betting app and an additional seven virtuals products in 2021, giving SNAITECH the largest suite of virtuals in Italy. Inspired also supplies Interactive content to SNAITECH, a subsidiary of Playtech (LSE: PTEC), which offers sport and horse race betting, virtual sports, video lottery, slots, both online and mobile, esports and pari-mutuel in retail and online.

Launch with Stoiximan and OPAP in Greece – Adding to its successful Greek online business, which includes Novibet, Inspired’s Interactive content launched with Stoiximan and OPAP in the second half of 2020, with scheduled online virtuals expected to launch in 2021. Stoiximan is a leading Greek online gaming site owned by OPAP S.A. Inspired’s games have consistently been among the top performers in the retail marketplace in Greece and these online launches bring Inspired’s best-in-class slot and virtual sports content directly to customers both online and in mobile. Greece has been a standout region for Inspired’s online growth in 2020 and creating content for this market is a key strategic objective for Inspired in 2021.


Product Development

Inspired has utilized its industry-leading portfolio of in-house produced virtual sports and slot content to create a diverse portfolio of high-performing HTML5 games for both online and mobile players. In the past year, the Company has seen an approximate 50% increase in new slot title introductions and the launch of a new online virtual sportsbook and several virtual sports variants.


More Online Slot Introductions - In 2020, the Company introduced 31 new Interactive slot games versus 20 in 2019. In 2021, Inspired expects to release up to an additional 40 games into its existing library of over 100 games. Players want to play in innovative new ways and many of these new games will be custom built to suit players in specific markets, such as North America and Greece. In addition to increasing the cadence of game development, the Company believes it has successfully improved game quality while delivering additional proprietary content to operators as it continues to seek to increase exposure, improve game positioning and improve customer relationships.
Inspired’s Complete End-to-End Virtual Sports Offering Rolling Out - Inspired launched its proprietary VPP platform in 2020 and has completed integrations with each of the leading RGS platforms including Scientific Games, Playtech, SBTech, Pariplay and iForium. VPP is simple, quick to install and customizable, making Inspired’s multi-award-winning virtual sports available with no sportsbook integration. This first launched with Misli, Turkey’s fastest growing gaming website, and has seen stellar results. A larger rollout is expected throughout 2021.


Additional Best-in-Class Virtuals Content - As a pioneer in virtual sports, Inspired continuously rolls out new variants of existing games, including Matchday Soccer™, Basketball, US Horses and NFL Alumni™ (“NFLA”) football. Several additional variants are expected to be introduced during 2021, including specific games and betting structures tailored to the North American market, where Inspired intends to produce best-in-class content as they do throughout Europe.

“We are very pleased to see our Online business continue its impressive revenue growth trajectory,” said Lorne Weil, Executive Chairman of Inspired. “Online gaming is a multi-billion dollar, high-growth segment and we believe we have barely scratched the surface with our casino and virtual sports products. With the growing popularity of our content, increased brand awareness and rapid speed to market, we are confident we are well-positioned to capitalize on this opportunity. Going forward, we expect the online operations to make up a larger part of our business and we are excited for the future as we seek to grow further through jurisdictional expansion, new commercial agreements and product development.”


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.

[1] Financials are unaudited and assume an FX exchange rate of 1.37 as of February 5, 2021 for each of January and December 2020. 


Contact:

For Investors
Aimee Remey
aimee.remey@inseinc.com
+1 646 565-6938

For Press and Sales
inspiredsales@inseinc.com

INSPIRED LAUNCHES TEMPLE OF LIGHT™ - AN ONLINE & MOBILE SLOT GAME

Monday, 8th February 2021 – Inspired Entertainment, Inc (“Inspired”) (NASDAQ: INSE) is pleased to announce the launch of Temple of Light™, a traditional adventure-themed, five-reel slot game, available online and on mobile.

 

Revelling in mystery and ancient quests, Temple of Light features 20-lines paying left-to-right. Set to illuminate players with its vibrant graphics and immersive soundtrack, Temple of Light creates the perfect atmosphere for a quest-filled adventure of bonuses and big wins.

 

The base game features two ancient statues, one of which can become active at random on any spin. The left statue creates Multiplier Wilds while the right statue creates Expanding Wilds, each of which light up when active, adding an extra layer of visual excitement to the gameplay. Three bonus symbols trigger the bonus round, where the player can choose a bonus to suit them, 12 standard free spins or 3-6 super spins – the choice is theirs.

 

Claire Osborne, VP Interactive at Inspired said: “With its vivid and eye-catching graphics and adventure-themed imagery, Temple of Light and its player choice bonus round will thrill players while the base game with its random multipliers and expanding wilds will keep players invigorated and highly entertained throughout. It makes a fantastic addition to our growing portfolio of highly engaging games content.”

 

Temple of Light has a return to player (RTP) rate of 95.51%, offering players a good chance of big bonuses and big cash prizes.

INSPIRED LAUNCHES STACKED VALENTINE HEARTS™, AN ONLINE & MOBILE SLOT GAME

Monday, 1st February 2021 – Inspired Entertainment, Inc (“Inspired”) (NASDAQ: INSE) is pleased to announce the launch of Stacked Valentine Hearts™, a Valentine’s Day-themed slot game, available online and on mobile.

Celebrating all things love, Stacked Valentine Hearts is a 5X4 reel, 40-line slot game, offering players an entertaining igaming experience including wilds, mega bonuses and huge potential wins.

With its straight-forward and seamless interface, Stacked Valentine Hearts features a Free Spins bonus round. Players who enter; are awarded with eight Free Spins featuring the four highest paying symbols: Wild, double red hearts, double purple hearts and the double orange iridescent hearts struck with Cupid’s arrow.

Claire Osborne, VP Interactive at Inspired said: “Stacked Valentine Hearts is a vibrant and cheerful game set to uplift people’s spirits and get them in the mood for love. Emulating the gameplay of Gold Cash Free Spins™, one of our most popular and highest-performing games of 2020, this game delivers bags of enjoyment and rewards. Its robust mechanics, colourful icons and seasonal theme will have players engaged and highly entertained throughout the season of romance and beyond.”

Stacked Valentine Hearts, with its vibrant and enchanting love symbols has a return to player (RTP) rate of 95%, offering players a good chance of big bonuses and big cash prizes.

Head over to Inspired’s website to sample Stacked Valentine Hearts here: https://inseinc.com/interactive/games/stacked-valentine-hearts/

For all of Inspired’s other online and mobile games, head here: https://inseinc.com/interactive/games

INSPIRED ANNOUNCES NEW CONTRACT WITH SNAITECH IN ITALY

Inspired to provide the largest suite of Virtuals in Italy

New York, January 27, 2020 – Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) announced today it has entered into a new agreement with SNAITECH in Italy to provide Virtual Sports both online and in retail venues. SNAITECH, a subsidiary of Playtech (LSE: PTEC), offers sport and horse race betting, virtual sports, video lottery, slots, both online and mobile, esports and pari-mutuel with a retail betting network comprised of over 1,500 points of sale located throughout Italy. This new contract expands the scale and scope of the Company’s relationship and includes the launch of Virtual Sports on SNAITECH’s sports betting app and an additional seven Virtuals products in 2021, including Matchday Ultra™, Penalties™ and Marble Racing™.

“Inspired and SNAITECH have been collaborating closely for the past seven years through a successful partnership which has made Inspired the largest Virtual Sports supplier in Italy since the initial launch in 2013,” said Brooks Pierce, President and COO of Inspired. “This contract defines new terms and expands the game library for players to enjoy, which should optimize performance.”

“2020 has been a tough year for retail revenues across the board but the launch of Virtuals on SNAITECH’s sports betting app in 2020 has multiplied the Virtuals revenues on the online channel by five times,” comments Fabio Schiavolin, CEO at Snaitech. “We are very pleased with this performance and excited to boast the largest suite of new games ever released since the original launch.”

Inspired’s 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.


About Snaitech

SNAITECH is one of the leading concessionaries in Italy in the gaming and betting sectors. Founded through the integration between Snai Spa and the Cogetech group companies in late 2015. From this integration, with a fundamental strategical value both from a financial and business point of view, a new reality was born, thanks to the expertise, the resources and the dimensions required to compete in Italy and around the world at maximum levels.

It is one of the most important concessionaries for the management of the authorized games in Italy. Thanks to its multichannel technology offers sport and horse racing betting, virtual sports, videolottery, new slot, both online and mobile (poker, skill games, casino games, bingo), esports and pari-mutuel, through its point of sales network and online.

INSPIRED ANNOUNCES NEW CONTRACT WITH ENTAIN

Inspired to Provide Virtuals Across Entain’s Online and Retail Network

New York, January 25, 2020 – 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 retail and online 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/.

INSPIRED LAUNCHES VEGAS CASH SPINS™ – A CLASSIC LAS VEGAS-THEMED ONLINE & MOBILE SLOT GAME

Wednesday, 20th January 2021 – Inspired Entertainment, Inc (“Inspired”) (NASDAQ: INSE); is pleased to announce the launch of Vegas Cash Spins™, a 25-line, 5×3-reel, classic Vegas-themed slot game, available online and on mobile.

Akin to playing on a classic Big Wheel Las Vegas style slot machine, the game’s vibrant graphics and easy gameplay will please and amuse fans of traditional slot games.

Giving players the chance to enjoy the fun and thrill of Las Vegas, Vegas Cash Spins features the popular re-spin mechanic, coupled with bonus wheels that combine for big prize potential.

Six or more wheel symbols in view will trigger the Vegas Cash Spins Bonus, in the base game?. If the wheels land in a 2×2 shape they will transform into a bonus chance wheel with an extra chance to get into the bonus, delivering players a highly engaging gameplay experience from the outset and throughout.

In the bonus round, the player has three lives to add more wheels. If the wheels form into a 2×2 or 3×3, the symbols will merge into bigger wheels with bigger and better values. ? Should the player fill all reels, a Mega wheel will award them a big cash prize, providing edge-of-your-seat excitement.

Steve Collett, Chief Product Officer at Inspired, said: “Vegas Cash Spins is one of our stand-out titles of this year’s first quarter.  This game is not highly volatile, but it can deliver 1,000x bonus wheel prizes. The theme and style should appeal to all players along with its 25-win lines and the game’s cash spins resetting live bonuses.  I’m confident that this game will be a huge hit for our operator partners. It delivers the experience of playing on a classic Las Vegas slot machine, while in the safety and comfort of your home or in the palm of your hand.”

“I’m extremely pleased to see our ever-growing portfolio of varied content diversifying even further. We have even more great online and mobile slot games lined up for players this year, so watch this space!”

Vegas Cash Spins has a return to player (RTP) rate of 95.9%, giving players a good chance of winning big bonuses and top cash prizes.

Head over to Inspired’s website to sample Vegas Cash Spins here: https://inseinc.com/interactive/games/vegas-cash-spins/

For all of Inspired’s other online and mobile games, head here: https://inseinc.com/interactive/games

INSPIRED LAUNCHES REEL LUCKY KING MEGAWAYS™ – AN IRISH-THEMED ONLINE & MOBILE GAME

Tuesday, 12th January 2021 – Inspired Entertainment, Inc (“Inspired”) (NASDAQ: INSE) is pleased to announce the launch of Reel Lucky King Megaways™, an Irish-themed six-reel slot game, available online and on mobile.

Giving players the chance to experience the luck of the Irish, Reel Lucky King Megaways™ features cascading wins, the notorious Reel King Dings, a Free Spins trail and big bonuses throughout. Developed with the Megaways™ game mechanic, Reel Lucky King Megaways gives players 117,649 ways to win on every spin.

The game’s colourful background, iconic Celtic symbols, Irish-themed imagery along with its vibrant and ebullient Reel Lucky King character creates a strong visual impact. In addition, its traditional folk Irish acoustic soundtrack offers players an immersive experience.

 

Claire Osborne, VP Interactive at Inspired said: “Emulating the gameplay of our high performing and popular Megaways slot titles such as Reel King Megaways™ and our festive Santa King Megaways™, Reel Lucky King Megaways offers players robust and innovative mechanics coupled with beautiful visuals that will provide players with bags of fun and entertainment. Cheerful and colourful in nature, Irish-themed games tend to be hugely popular among players throughout the world and we believe this game with its bright and jolly protagonist will be a smash-hit at launch and beyond.”

“We’re delighted to be adding yet another Megaways title to our growing portfolio of diverse online and mobile content to suit an array of player tastes and preferences.”

Reel Lucky King Megaways has a return to player (RTP) rate of 95.56%, giving players a Megaways chance of winning huge bonuses and big cash prizes.

Head over to Inspired’s website to sample Reel Lucky King Megaways here: https://inseinc.com/interactive/games/reel-lucky-king-megaways

For all of Inspired’s other online and mobile games, head here: https://inseinc.com/interactive/games

INSPIRED LAUNCHES BONUS ISLAND™, A PIRATE-THEMED ONLINE & MOBILE SLOTS GAME

Thursday, 3rd December 2020 – Inspired Entertainment, Inc (“Inspired”) (NASDAQ: INSE); is pleased to announce the launch of Bonus Island™, a pirate-themed online and mobile slots game.

 

Delivering a visually striking and entertaining slot experience, Bonus Island takes players on a journey to discover the latest in thrilling game mechanics.

 

With an enhanced portrait-play version, Bonus Island is a cascading video slot with six reels, five rows, and 15,625 ways to win. Bonus Island incorporates the latest in graphic design and back-end game development to deliver an adventure-filled exploration of riches and treasures through mega bonuses and up to 15,625 ways to plunder big cash prizes, all set to a swashbuckling soundtrack.  

 

Bonus Island features the new Mystery Boost™ game mechanic, which gives players an extra chance to pillage the pieces of eight. The base game features blank symbols that if combined with the cannon ball symbol will blow up to reveal either a mystery symbol or a coin. Winning coins lead to the cash-rich coin feature. The Mystery Boost feature offers players heightened anticipation for the trigger into the Bonus Island feature, which is four or more cascades. With a return-to-player (RTP) rate of 95.78 percent, Bonus Island is set to give players an unforgettable igaming experience.

 

Steve Collett, Chief Product Officer at Inspired, said, “Bonus Island is one of our standout titles of 2020 and one of my absolute favourites! In addition to the highly polished pirate theme and 15,625 ways to win, the new Mystery Boost mechanic can change blanks into possibly winning symbols or coins. The math is designed to give players great bonus wins, but reduce the amount of 1,000x wins, something our operator partners are telling us is very important to them at the moment. Watch this game rise to the top of the rankings - it really is doublooning good!”

 

Bonus Island gives players a graphic-rich, technically advanced and highly engaging slots experience. Developed to suit both landscape and portrait-play, the game’s combination of vibrant graphics and innovative gameplay mechanics, will ensure it’s a smash hit with players and operators alike.

Head over to Inspired’s website to sample Bonus Island here: https://inseinc.com/interactive/games/bonus-island/

INSPIRED LAUNCHES THREE XMAS GAMES TO GET PLAYERS IN THE FESTIVE MOOD: CHRISTMAS CASH POTS™, SANTA STACKED FREE SPINS™ & SANTA KING MEGAWAYS™

Thursday, 26th November 2020 – Inspired Entertainment, Inc (“Inspired”) (NASDAQ: INSE); is pleased to announce the launch of three of its latest holiday-themed online and mobile slot games: Christmas Cash Pots™, Santa Stacked Free Spins™ and Santa King Megaways™.

Christmas Cash Pots™ takes players on a cash-filled journey of Free Spins and seasonal cheer. Featuring colourful icons, a festive soundtrack and innovative game mechanics where stacked bonus symbols also combine to deliver stacked line wins, Christmas Cash Pots has an RTP of 96.5% set to engage players and keep them heartily entertained this season. Christmas Cash Pots is scheduled for global release on 1st December.

Santa Stacked Free Spins™ is the Christmas-themed version of smash-hit, Gold Cash Free Spins. Taking players on a bountiful Free Spins journey to bonuses and big cash prizes, the game features a 5x4 reel layout, big bright staked symbols, 8 Free Spins awarded for the 1, 3 and 5 scatters and more.

The game’s bright visuals and engaging graphics coupled with a festive soundtrack, offers players innovative gameplay and keeps them highly engaged with an RTP of 95.9% for big rewards. Santa Stacked Free Spins is scheduled for global release on 7th December.

Santa King Megaways™ brings the joy of the festive season together with the number one Megaways™ game mechanic for an igaming treat. With a seasonal soundtrack and features including cascading reels with advancing “Dings”, a Free Spins gamble and a mini-reel bonus, which leads to Free Spins with an unlimited multiplier, Santa King Megaways has an RTP of 95.56% to entertain and get players in the holiday spirit.

With three levels of entry and the addition of “Dings” in Free Spins, Santa King Megaways is the Christmas version of Inspired’s hit title, Reel King Megaways™, taking this series to another level. A rendition of the much-loved Christmas carol, “Jingle Bells” sounds when a player reaches the game’s bonus round. Santa King Megaways is scheduled for global release on 7th December.

Steve Collett, Chief Product Officer at Inspired, said, “We have Christmas covered at Inspired. With a strong line-up of festive titles, our games are set to provide all-round seasonal entertainment, appealing to an array of different players as they see in the new year.”

“First on the festive list is Christmas Cash Pots – a perfect game for the regular bonus hit player. This game delivers a bonus hit rate circa 110, while offering consistent cash collector pay outs.

Santa Stacked Free Spins is the ideal game for the classic slot player offering an exciting gamble which allows you to reach the Free Spins round from any normal base game win. Last but by no means least is a festive game for the popular Megaways™ ever-growing fan base out there. We’ve taken the hugely successful Reel King Megaways™ and partnered it with the King’s festive relative to create Santa King Megaways, offering players a remarkable 117,649 ways to win on every spin. With the classic Reel King scrolls Ding bonus, the game gives players the chance to earn big cash rewards and up to 25 increasing multiplier Free Spins.”

“We have the festive slots wrapped up for our operator partners. With each of these games, players are set for a merry and bright online and mobile slot experience.”

Head over to Inspired’s website to sample all three games here:



Christmas Cash Pots: https://inseinc.com/interactive/games/christmas-cash-pots/

Santa Stacked Free Spins: https://inseinc.com/interactive/games/santa-stacked-free-spins/

Santa King Megaways: https://inseinc.com/interactive/games/santa-king-megaways/



For all other of Inspired’s online and mobile games, head here: https://inseinc.com/interactive/games/

INSPIRED LAUNCHES SCROLL OF EGYPT, AN ANCIENT EGYPTIAN THEMED GAME

Friday, 20th November 2020 – Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) is pleased to announce the launch of its latest online and mobile slot game, Scroll of Egypt – Twin Pays™.

 

Set in Ancient Egypt, an enthralling ancient civilisation, Scroll of Egypt offers players the allure of iconic Egyptian-themed graphics. With left to right and right to left wins, the game offers a return to player (RTP) rate of 95.5% for big bonuses and cash wins.

 

Scroll of Egypt includes a mixture of classic and modern slot features such as Wilds, expanding symbols, Free Spins and more. Its vibrant and visually impactful graphics coupled with the game’s innovative mechanics, will engage fans of slot games worldwide.

 

Claire Osborne, VP Interactive at Inspired, said, “Ancient Egypt is a highly recognisable and a very popular theme among slot players throughout the world. Scroll of Egypt is packed with innovative game-play features and modern mechanics, including both-ways pays, all of which I’m certain will delight players and keep them thoroughly entertained. We’re thrilled to be adding Scroll of Egypt to our flourishing portfolio of international online and mobile games.”

 

Scroll of Egypt is scheduled for global release on 26th November 2020.

 

Head over to Inspired’s website to sample Scroll of Egypt and its other online and mobile games here: https://inseinc.com/interactive/games/scroll-of-egypt/

Welcome Break renews partnership with leading provider of gaming machines

Playnation, a part of Inspired, contract extended for further five years   

 

Welcome Break, one of the UK’s leading motorway service operators, is pleased to announce the extension of its partnership with Playnation, a part of Inspired Entertainment, a leading provider of gaming machines, who will continue to provide its entertainment services across all Welcome Break sites.  

Playnation has a long-standing relationship with Welcome Break, providing customers with some of the best adult gaming machines across the motorway service sector. Given the success of this partnership and the proven popularity of their products, Welcome Break is pleased to extend this relationship for another five years. Playnation will embark upon a full product refresh in the first 12 months to upgrade their existing gaming offering and systems to enhance the customer experience. 

John Diviney, Chief Executive at Welcome Break said: 

“We are delighted to extend this successful partnership. We look forward to continuing to work with Inspired to provide our customers with a first-class gaming experience at our motorway service areas.” 

Peter Davies, Managing Director of Playnation at Inspired Entertainment adds:  

“We have a strong and long-lasting relationship with Welcome Break, and we are thrilled to renew our partnership. Welcome Break is a leader in their sector and we are excited to continue to build our collaborative and strategic relationship that will bring best-in-class hardware, content and innovation to the UK motorway service infrastructure.” 

INSPIRED’S VIRTUAL MELBOURNE CUP WAS A SUCCESS

The inaugural Lexus Melbourne Cup The Race of Dreams televised across Australia


New York, November 10, 2020 – Three-time Melbourne Cup winner Makybe Diva was the official winner of the inaugural “Lexus Melbourne The Race of Dreams” created by Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) for the Victoria Racing Club (“VRC”). The thrilling virtual race pitted 24 past champions of the Cup against each other in a live broadcast across Australia on Network 10 ahead of the 2020 Lexus Melbourne Cup on Tuesday, November 3, 2020.

melbourne cup success 002
Commemorating 160 years of Australia’s greatest race, Inspired’s ultra-realistic computer-simulated representation of the Cup pitted legendary Melbourne Cup winners head-to-head using a complex algorithm to decide the actual race result, answering the age-old question – who is the ultimate Cup champion? In her signature style, Makybe Diva came up from deep in the field to take the win over Phar Lap in the home straight.

“Melbourne Cup champions such as Phar Lap, Carbine, Makybe Diva, Saintly and Might and Power captured public attention, won our hearts and have all become legends in their own right. It is always uplifting to remember and celebrate those monumental achievements,” said VRC Chairman Amanda Elliott. “In my lifetime I have been fortunate enough to witness some incredible Cup victories, none more impressive than Makybe Diva winning her third Cup in 2005. Creating a virtual race to compare recent winners to those of the past was fascinating and has generated some robust and entertaining debate.”

As the pioneer of Virtual Sports, Inspired has re-created the action of the world’s most popular sports for more than a decade. Inspired has famously created virtual versions of the Cox Plate in Australia, Kentucky Derby in the U.S. and the Grand National in the UK. All of these events were broadcast on national television with millions of viewers, proving that Virtual Sports are realistic enough to take center stage.

“Our goal was to make the race look realistic and be exciting for all the Australian’s watching on television. It turned out to be an amazing race and a thrilling conclusion, coming down to the home straight,” said Steve Rogers, Inspired Chief Commercial Officer for Virtual Sports. “We’d like to thank VRC and its media partners for this opportunity to showcase our award-winning Virtual Sports and celebrate Australia’s racing history."

Inspired’s 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. Watch the “Lexus Melbourne The Race of Dreams” at https://vimeo.com/474927229. Trailers and demos of the latest Virtual Sports offerings are available at www.inseinc.com/virtuals/

 

INSPIRED GAMES NOW AVAILABLE WITH MICROGAMING

Wednesday, 28th October 2020 – Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) is pleased to announce that 20 of its top-performing online and mobile game titles are now available on Microgaming’s content aggregation platform.

 

The partnership will make many of Inspired’s global hits, including Reel King Megaways™, Centurion Megaways™ and Gold Cash Free Spins™, available to Microgaming’s growing list of operator partners, in more than 20 regulated jurisdictions worldwide. Inspired’s selection of premium slot games will enhance and further diversify Microgaming’s portfolio of graphic-rich slots content while increasing Inspired’s global reach and expanding its ever-growing international customer base.

 

Claire Osborne, Vice President of Interactive at Inspired, said: “We’re thrilled our games are now available on the Microgaming platform. It’s been a smooth transition and a pleasure collaborating with the Microgaming team to expand our global reach and increase our brand exposure among Microgaming operators. Our games are innovative, robust, graphic-rich and highly engaging, as well as suitable for a broad range of international player tastes and preferences. We plan to grow our partnership with Microgaming by providing more of our premium online and mobile games in the coming months.”

 

Leon Thomas, Director of Commercial at Microgaming, said: “We endeavour to provide our operators with unique, high-quality titles from the world’s leading suppliers such as Inspired. Through a single integration, we now offer 20 of Inspired’s top game titles, which benefit from our full suite of administration and marketing tools. Our partnership with Inspired has been seamless and will continue to flourish throughout the coming months as we deploy more of their innovative content to our platform, including virtual sports and table games.”

Inspired Launches Virtual Basketball in Greece

Third channel of Virtual Sports added to OPAP’s betting shop estate

NEW YORK, October 22, 2020 - Inspired Entertainment, Inc. (“Inspired” or the “Company”) (NASDAQ: INSE) today announced the launch of its Virtual Basketball game in Greece, which is now available across the entire OPAP retail estate of approximately 3,700 venues. V-Play Basketball, which includes Euro League and Greek League Basketball, joins V-Play Soccer 3.0 and Matchday as the third channel of Virtual Sports within OPAP betting shops.

“We are excited to add another channel within OPAP’s betting shops in Greece,” said Brooks Pierce, President and Chief Operating Officer of Inspired. “Our Virtual Basketball first launched in 2019 and we have seen incredible results with both immediate adoption and incremental revenue upon launch. It has been one of our highest-performing products in terms of amount wagered and we expect similar success with OPAP, which has been a great partner and done a terrific job launching new Virtuals into the marketplace.”

“Basketball is very popular in Greece, and we knew it would be an ideal addition to our Virtual Sports offerings,” said Jan Karas, Acting CEO of OPAP. “Inspired has gone above and beyond by customizing this product specifically for our customers, introducing the only Virtual Greek Basketball League. We put our customers at the center of everything we do, and we are pleased to bring them this exclusive offering.”

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.

INSPIRED VIRTUALS FIRST TO BE AUTHORIZED IN TURKEY

Inspired Signs Contract with Sisal Sans to Provide V-Play Plug & Play™ Solution 

 

NEW YORK, October 13, 2020 - Inspired Entertainment, Inc. (“Inspired” or the “Company”) (NASDAQ: INSE) today announced the Company’s Virtual Sports will be the first Virtuals product authorized in Turkey on behalf of the Turkish National Lottery.  Inspired signed a contract with Sisal Sans, a Turkish joint venture between Sisal SPA and Sans Digital ve Interaktif Hizmetler Teknoloji Yatirim A.S., to provide its V-Play Plug & Play™ solution, a complete end-to-end online virtual sportsbook product.  Inspired’s award-winning Virtual Sports have been authorized by the Turkish Wealth Fund Management and will now be available on desktop and mobile through https://www.google.com/url?q=https

 

In 2019, Italy’s Sisal Group, in partnership with Sans Digital ve Interaktif Hizmetler Teknoloji Yatirim A.S., an affiliate of Turkey conglomerate Demirören Holding, won the bidding process called by Turkey’s Sovereign Wealth Fund, the license holder of the Turkish National Lottery (Milli Piyango) for a ten-year operational contract.    

“We have worked with Sisal for many years in Italy, supplying our video lottery terminals, Virtuals and mobile products.  We are thrilled to partner with their Turkish joint venture, Sisal Sans, to offer our Virtuals products in Turkey,” said Brooks Pierce, President and Chief Operating Officer of Inspired. “Our Virtuals have proven popular in the U.K., Italy and Greece and we see Turkey as an opportunity to showcase our new Plug & Play™ solution and the strength of our overall Virtuals offerings.” 

“We have been tasked with maximizing revenue of the Turkish National Lottery to benefit the Turkish public and we believe our positive performance will be based on innovation,” said Selim Ergun, CEO of Sisal Sans. "Inspired's Virtual Sports speak to that innovation, offering fast-paced action, ultra-realistic player simulations and a tremendous breadth of bet types, and we are excited to be the first certified website to offer Virtuals in Turkey.  We are looking forward to working with the Inspired team to bring a continual stream of betting content to our customer base, especially given the limited live sports now available.” 

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/.

INSPIRED TEAMS UP WITH LADBROKES TO CREATE THE GREATEST EVER COX PLATE

NEW YORK, October 6, 2020 – Inspired Entertainment, Inc. (“Inspired” or the “Company”) (NASDAQ: INSE) has teamed up with Ladbrokes to bring to life the Ladbrokes Greatest Ever Cox Plate, a virtual race pitting equine superstars from around the globe and across eras.  Aligned to celebrate the 100th running of Australia’s WFA Championship, the Ladbrokes Cox Plate at Moonee Valley on Saturday, October 24th, the Greatest Ever Cox Plate will be broadcast across Australia on 7Two on Friday, October 23rd.

During the broadcast, viewers will get to experience the ‘race where legends are made’ with an ultra-realistic 3D computer-simulated version of the Ladbrokes Cox Plate incorporating an accurate re-creation of the notoriously tight Moonee Valley circuit in Melbourne and the atmosphere of the Cox Plate Carnival.

The race will feature a star-studded 14 strong field of champions assembled by an expert panel, including Ladbrokes Australia Chief Executive Dean Shannon, Moonee Valley Racing Club’s Michael Browell and other historians and handicappers.  The field includes seven multiple Cox Plate winners, including Winx, Kingston Town and Phar Lap, and pits them against international super mares such as American legend Secretariat, European Champion Frankel and Japanese super sire Deep Impact.

The race and its results will be based on historical information about these horses and their racing records, which has been built into the software, which helps to determine the probability of their potential finishing positions.  Betting will be available exclusively through Ladbrokes and will be restricted to a maximum $20 fixed win bet to meet regulatory requirements.

Ladbrokes Australia Chief Executive Dean Shannon said, “At Ladbrokes, we are racing fanatics.  We love the sport’s history, and as the major partner of the Ladbrokes Cox Plate, we wanted to produce something that served as an appropriate tribute to the 100th running of the great race. We can’t wait to see how some of the great champions of the past stack up against the likes of Winx, and we hope by introducing Secretariat, Deep Impact and Frankel to the mix it will only add to the intrigue and interest.”

As the pioneer of Virtual Sports, Inspired has re-created the action of the world’s most popular sports for more than a decade.  Inspired has famously created virtual versions of the Kentucky Derby in the U.S. and the Grand National in the UK in conjunction with Carm Productions and is in development of the ‘Lexus Melbourne Cup The Race of Dreams’.  These national television broadcasts have become very popular with millions of viewers, proving Virtual Sports are realistic enough to take center stage.

Inspired Entertainment Chief Commercial Officer for Virtual Sports, Steve Rogers said the Company was thrilled to work with Ladbrokes and key partners to create the Greatest Ever Cox Plate. “We are excited for the opportunity to develop this landmark race with the addition of some international legends and showcase the quality of our state-of-art virtual sports.”

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/.

INSPIRED UNVEILS ITS LATEST ONLINE & MOBILE GAMES: JIN CHAN CASH & HALLOWEEN CASH POTS

Tuesday 29th September 2020 – Inspired Entertainment, Inc (“Inspired”) (NASDAQ: INSE); is pleased to announce the launch of its latest online and mobile slot games, Jin Chan Cash™ and Halloween Cash Pots™.

Offering good fortune, Jin Chan Cash is based on the popular, mythical Chinese Feng Shui charm known as the “Money Frog.” Believed to attract and protect wealth, the character represents prosperity and good news for an entertaining and highly engaging slot experience.

Featuring a Multi Cash Collector Bonus feature, Jin Chan Cash is a 5-reel, 3-row, 10-win line slot game, in which players can win big cash prizes and bonuses from start to finish. The Spin Chance feature offers players more opportunities to win additional spins.

Set to give players spine-chilling excitement this October, Halloween Cash Pots is this season’s fast-paced and gripping slot game. Halloween Cash Pots offers a thrilling, eerie and mystical cash-filled adventure and, gives players a chance to turn their ghostly wins into big cash prizes through its Cash Collector Bonus.

Halloween Cash Pots offers Spin Chance, giving players more opportunities to win additional spins for big cash prizes and bonuses. This online and mobile slot game is this season’s fang-tastic treat that will keep players on the edge of their seats. Along with another popular game, Book of Halloween, it will ensure there are still plenty of treats to be had this year from Inspired.

Claire Osborne, VP Interactive at Inspired, said, “We’re delighted to expand our growing international portfolio of highly engaging online and mobile slot games with the launch of Jin Chan Cash and Halloween Cash Pots. With the possibility of big cash prizes and plenty of free spins, these games will no doubt continue our great run of top-quality game launches.”

Jin Chan Cash and Halloween Cash Pots are scheduled for global release on 12th October 2020.

Head over to Inspired’s website to sample the game: https://inseinc.com/interactive/games/

GVC EUROPE LAUNCHES INSPIRED’S VIRTUALS ACROSS ITS ONLINE PLATFORM

bwin, Sportingbet and partypoker add Inspired’s Virtual Sports


NEW YORK, September 22, 2020 - 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 Sports customer.”

“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/.

INSPIRED EXPANDS NORTH AMERICAN PRESENCE WITH FIRST VLT PLACEMENT IN CANADA

NEW YORK, August 11, 2020 - Inspired Entertainment, Inc. (“Inspired” or the “Company”) (NASDAQ: INSE) today announced its first Valor™ video lottery terminal (“VLT”) placement into Canada. Western Canada Lottery Corporation (“WCLC”), acting on behalf of the Saskatchewan Liquor and Gaming Authority (“SLGA”), selected Inspired to provide 100 premium Valor™ cabinets to be delivered in early 2021, following a formal Request for Quotation (RFQ) process. Inspired will provide a suite of unique game themes specifically tailored for the Saskatchewan VLT market including integration with its wide area progressive jackpot.

Inspired’s Valor™ VLT is an open-standard G2S protocol cabinet that features dual 27” high definition floating screens and a superior sound system that delivers a unique and immersive experience. A standout in the Illinois and Greek markets, Valor’s multi-game experience includes player-popular features and content providing a compelling range of game themes designed to meet player needs.

“Following our highly-successful deployments in the United States, we are thrilled to debut our VLT products into Canada in partnership with WCLC,” said Brooks Pierce, President and Chief Operating Officer of Inspired. “WCLC operates over 4,000 VLTs in Saskatchewan and we believe this placement will be a great way for us to showcase the strengths of our offerings to the entire Canadian market.”

“We are very excited to introduce Inspired’s new Valor™ VLT into Saskatchewan,” said Eric Karmark, WCLC Vice President, VLT Gaming and Operations. We found their Valor™ cabinet to be innovative and attractive and the game themes to be highly compelling, which we believe will bring a new and entertaining experience to Saskatchewan VLT players.”

FENDOFF SPORTS LAUNCHES INSPIRED’S VIRTUAL SPORTS ACROSS ITS SOCIAL PLATFORM

NEW YORK, July 21, 2020 – Inspired Entertainment, Inc. (“Inspired” or the “Company”) (NASDAQ: INSE) today announced that it has launched V-Play Plug & Play™, its complete end-to-end online and mobile sportsbook, on social gaming platform FendOff Sports. This is Inspired’s first social gaming partnership and marks FendOff as the first social gaming platform provider to launch 14 channels of Inspired’s award-winning Virtual Sports, including Basketball, Football, Horse Racing, Soccer and Car Racing, taking Virtuals into an entirely new and exciting domain.

From the makers of Chumba Casino, FendOff Sports is a unique sports social gaming experience available in 49 U.S. states and requires no purchase for a chance to win real prizes. A subsidiary of social gaming operator, Virtual Gaming Worlds (“VGW”), FendOff Sports allows players to put their picking skills to the test against a community of like-minded fans. FendOff Sports gives away free sweepstakes entries, which can be used to play games for a chance to win prizes that can be redeemed for digital gift cards.

“We are very excited to launch with FendOff Sports, as we believe the Social Gaming space in the U.S. offers great opportunities for Virtual Sports,” said Brooks Pierce, President and Chief Operating Officer of Inspired.

VGW is considered a pioneer of social gaming with social casino brand Chumba Casino, online poker-room based brand Global Poker and, most recently, FendOff.com, its new social sports prediction game with the main idea of picking a winner based on a player’s knowledge, experience, and gut feeling.

“People love to predict the outcomes of sporting events, so we expect Virtual Sports to be very popular with our player base,” said Laurence Escalante, Founder of Virtual Gaming Worlds. “The superior graphics, frequency of events and breadth of playing options make Inspired’s Virtuals a great way to keep our social gaming players engaged all day every day.”

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.

INSPIRED ENTERTAINMENT AND SCIENTIFIC GAMES ENTER LICENSING DEAL FOR VIRTUAL SPORTS

NEW YORK, June 16, 2020 - Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) today announced that it has signed a licensing agreement with Scientific Games to make Inspired’s leading Virtual Sports content available through OpenMarketTM, Scientific Games’ industry-first aggregation platform for sports betting.

Inspired's Virtual Sports use lifelike graphics to mimic the experience of real sports betting, thanks to technology that has evolved over nearly two decades. Each event lasts around 90 seconds and games are designed to be easy to play. Inspired offers the largest array of sports available 24/7, providing a consistent stream of sports betting content even at times when live sports are not feasible. Virtual Sports provide new revenue streams for gaming providers that can be integrated easily into existing sportsbooks and websites. Trailers and demos of the latest Virtual Sports offerings are available at www.inseinc.com/virtuals/.

The addition of Inspired’s range of Virtual Sports further strengthens Scientific Games’ OpenMarket content offering. Through a single integration, digital sportsbooks can expand their portfolio with these engaging events to increase bettor engagement.

“Virtual Sports have been a great complementary product to live sports,” said Keith O’Loughlin, SVP Sportsbook, Digital for Scientific Games. “But with major professional sports on hold due to the COVID-19 crisis, Virtual Sports are helping fill a big void. We’re thrilled to partner with Inspired Entertainment so our partners can offer their customers realistic computer-generated re-creations of their favorite sports, and keep customers engaged between games once live sports are back.”  

Inspired President and Chief Operating Officer Brooks Pierce said, "We are very excited about this opportunity to work with Scientific Games in bringing Virtual Sports to their customers’ passionate fans. Inspired has built the largest and most advanced portfolio of Virtual Sports, and we’re tailoring our products with a combination of fast-paced action, ultra-realistic player simulations and a tremendous breadth of bet types. We are looking forward to working with Scientific Games and their wide global reach to bring a continual stream of betting content to their partners’ customers, especially at this time when live sports content is so limited."  

 

About Inspired Entertainment, Inc. 
Inspired offers an expanding portfolio of content, technology, hardware and services for regulated gaming, betting, lottery, 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.

About Scientific Games
Scientific Games Corporation (NASDAQ: SGMS) is a world leader in entertainment offering dynamic games, systems and services for casino, lottery, social gaming, online gaming and sports betting. Scientific Games offers the gaming industry's broadest and most integrated portfolio of game content, advanced systems, cutting-edge platforms and professional services. Committed to responsible gaming, Scientific Games delivers what customers and players value most: trusted security, engaging entertainment content, operating efficiencies and innovative technology. For more information, please visit scientificgames.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.  In addition, the statements made by the Company with respect to the potential future impact of COVID-19 on the Company’s business and operations, and the Company’s expected responses thereto, are forward-looking statements. The Company encourages investors to visit its website from time to time, as information is updated and new information is posted. The Company does not undertake to update its forward-looking statements, except as may be required by law.

 

Contact:

Aimee Remey

aimee.remey@inseinc.com

+1 646 565-6938

 

For Press and Sales

inspiredsales@inseinc.com

www.inseinc.com

@Inspired_News

INSPIRED’S VIRTUAL SPORTS TAKE THE MAIN STAGE

“The Kentucky Derby: Triple Crown Showdown” A Success


New York, May 12, 2020 – On the date that is annually reserved for the “Most Exciting Two Minutes in Sports," the first Saturday in May, 1.7 million viewers tuned in to watch the 13 Triple Crown winners battle it out in "The Kentucky Derby: Triple Crown Showdown" created by Inspired Entertainment, Inc. ("Inspired”) (NASDAQ: INSE), the Company announced today. In a virtual race for the ages, Secretariat emerged as the ultimate champion, winning the race 47 years after winning the Kentucky Derby at Churchill Downs.

"The Kentucky Derby: Triple Crown Showdown" was an exciting part of Churchill Downs’ nationwide "Kentucky Derby at Home" party, and was televised at the culmination of NBC’s broadcast which included a look back at American Pharoah’s 2015 Derby win. The day of programming celebrated the traditional date of the Kentucky Derby since the 146th running has been postponed until September 5th this year due to ongoing COVID-19 concerns. The virtual race allowed viewers to experience the magic of the Derby using the latest, best-in-class graphics and animation and featured a stunning, fully accurate re-creation of the Twin Spires of Churchill Downs and the traditional atmosphere of the Kentucky Derby on the first Saturday in May.

“This was a great event for everyone involved — Churchill Downs got to celebrate on their traditional Derby day, racing fans got to see the greatest-of-all-time face off, we had the opportunity to showcase the realism of our Virtual Horse Racing product, and it was all for a good cause,” said Brooks Pierce, President and Chief Operating Officer of Inspired. “Virtual Sports have been popular in Europe for years, but putting together The Kentucky Derby: Triple Crown Showdown for a national television broadcast was a great marketing opportunity for our Virtual Sports in the U.S. In addition to the extensive viewership, social media was abuzz for Kentucky Derby at Home, with 91% positive sentiment before and after the race. This is a great example of how Virtual Sports can plug the gap and bring people together for some relief during these difficult times, just as real sports do.”

“While we await Kentucky Derby 146 in September, our partnership with Inspired Entertainment in creating the virtual Derby not only allowed fans celebrating Kentucky Derby at Home a chance to experience the thrill of a race at Churchill Downs together,” said Bill Carstanjen, CEO of Churchill Downs Incorporated, “but the excitement leading up to it gave us a platform to raise and match funds for important COVID-19 relief efforts.”

Inspired’s Virtual Sports uses life-like graphics to mimic the experience of real sports betting, thanks to technology that has evolved over nearly two decades. Each event lasts around 90 seconds and games are designed to be easy to play. Inspired has the largest array of sports available 24/7, providing a consistent stream of sports betting content, even at times when live sports are not feasible. Virtual Sports provide 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/.

INSPIRED TO PROVIDE “THE MOST EXCITING TWO MINUTES IN VIRTUAL SPORTS”

“The Kentucky Derby: Triple Crown Showdown” to be Televised as Part of Churchill Downs’ Nationwide Virtual ‘Kentucky Derby at Home’ Party Featured on NBC

Saturday, May 2, 2020 -- 3:00 - 6:00pm ET

NEW YORK, April 24, 2020 –Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) announced today that it has created ‘The Kentucky Derby: Triple Crown Showdown’ for Churchill Downs Racetrack’s nationwide virtual ‘Kentucky Derby at Home’ party to be televised on NBC on May 2 from 3:00 -6:00 p.m. EDT. During the broadcast, Derby fans will witness Inspired’s ultra- realistic 3D CGI representation of the Kentucky Derby featuring the 13 Triple Crown winners from the past century in an ultimate face-off. Viewers will get to experience the magic of the Derby with a stunning, fully accurate re-creation of the Twin Spires of Churchill Downs and the atmosphere of Derby Day on the first Saturday in May.

‘The Kentucky Derby: Triple Crown Showdown’ is a computer-simulated version of a race at Churchill Downs Racetrack. Historical information about these horses and their racing records has been utilized in the software, which helps to determine the probability of their potential finishing positions. This probability is based on their past form and performance in other races.

“We are very excited about this opportunity to showcase our Virtual Sports on a much larger scale in the U.S.,” said Brooks Pierce, President and Chief Operating Officer of Inspired. “Churchill Downs is the world’s most legendary racetrack and the Kentucky Derby is the premier event in horse racing. We are honored to be a part of this special tradition and support Churchill Downs in this endeavor, as we work together to help fill the gap of live sports and bring people together for some relief during these difficult times.”

Fans will be able to visit www.KentuckyDerby.com to choose their favorite horse to win and join Churchill Downs in making a charitable donation to COVID-19 emergency relief efforts, which the Churchill Downs Foundation will match up to $1 million dollars. Inspired will also be making a contribution.

Kevin Flanery, President of Churchill Downs Racetrack, said, “Our fans will be captivated by the realistic view of the virtual race and we can debate, as we do each year, our favorite to win. The anticipation of which Triple Crown winner will emerge as the ultimate champion is thrilling, but most importantly, we are proud to use this platform as a force for good by raising money for the COVID-19 emergency initiatives.”

Join the virtual party by posting your home Derby Party experience using #KyDerbyAtHome on Saturday, May 2, and follow @KentuckyDerby on Facebook, Twitter and Instagram on the first Saturday in May to engage with a full day of exciting content and other at home Derby parties from around the world.

As the pioneer of Virtual Sports, Inspired has recreated the action of the world’s most popular sports for more than 15 years. Inspired has famously created the Virtual Grand National, which pits the 40 horses and riders most likely to run in the Grand National and has proven to be incredibly accurate in predicting the results of the actual race since 2017. This year the Virtual Grand National was held in

place of the Grand National and attracted 4.8 million viewers, proving Virtual Sports are realistic enough to take center stage.

“During these unprecedented times, Virtual Sports have become a great way for fans to stay connected to their favorite sports with one of the 14 different sports we offer to our customers,” Pierce continued. “We see this as a great way to provide new content and revenue streams for gaming operators that can be easily integrated into existing sportsbooks and websites.”

The company’s 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, 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.

About Churchill Downs Racetrack
Churchill Downs, the world’s most legendary racetrack, has conducted Thoroughbred racing and presented the Kentucky Derby since 1875. Located in Louisville, the flagship racetrack of Churchill Downs Incorporated (NASDAQ: CHDN) will conduct the 146th running of the Kentucky Derby Presented by Woodford Reserve on Sept. 5, 2020. www.ChurchillDowns.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:
Aimee Remey
aimee.remey@inseinc.com
+1 646 565-6938

For Press and Sales
inspiredsales@inseinc.com

www.inseinc.com
@Inspired_News

Inspired Signs Virtual Sports Contract With DraftKings

Virtual Sports Can Provide Sports Betting Content 24/7/365

NEW YORK, April 16, 2020 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) today announced that it has signed a contract with DraftKings to provide its new V-Play Plug & Play™ solution, a complete end-to-end online virtual sportsbook product that allows DraftKings to access Inspired's award-winning Virtual Sports with minimal integration effort and rapid speed-to-market. With this contract, the U.S.-based digital sports entertainment and gaming company that offers mobile and retail betting for major national and global sports, will gain access to 14 Virtual Sports variants, including Basketball, Football, Horse Racing, Soccer and Car Racing, to make them available to DraftKings' New Jersey customers on desktop and mobile platforms.

Inspired President and Chief Operating Officer Brooks Pierce said, "We are very excited to team up with DraftKings to bring Virtual Sports to their passionate fans. Not only do we have the largest and most advanced portfolio of Virtual Sports, we tailor our products to sports fanatics with a combination of fast-paced action, ultra-realistic player simulations and a tremendous breadth of bet types. We are looking forward to working with DraftKings on bringing a continual stream of betting content to their customer base, especially at this time when there is limited live sports content available."

Included within this contract, DraftKings will gain access to Inspired's 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. It features 11 teams of alumni legends from some of the biggest teams going head-to-head in a single game format. V-Play Basketball gives customers an ultra-realistic basketball experience, created using the latest motion capture technology and state-of-the-art proprietary software and featuring bet types that are already popular with consumers for wagering on live basketball. Since its initial launch in 2019, V-Play Basketball achieved immediate success, becoming one of the best performing Virtual Sports online and delivering significant incremental revenue to Inspired's customers.

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, 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 September 30, 2018 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:

Aimee Remey
aimee.remey@inseinc.com
+1 646 565-6938

For Press and Sales
inspiredsales@inseinc.com

www.inseinc.com
@Inspired_News

View original content to download multimedia:http://www.prnewswire.com/news-releases/inspired-signs-virtual-sports-contract-with-draftkings-301042290.html


SOURCE Inspired Entertainment, Inc.

INSPIRED VIRTUAL SPORTS ARE FILLING THE LIVE SPORTS GAP

Virtual Grand National 2020 is a Huge Hit

NEW YORK, April 6, 2020 /PRNewswire/ -- 4.8 million viewers tuned in to watch the Virtual Grand National 2020 created by Inspired Entertainment, Inc. (Inspired") (NASDAQ: INSE), the Company announced today. Potters Corner won the virtual race, but the real winner was NHS Charities Together, the UK National Health Service organization that will receive the event's approximately £2.6 million in profits, donated by Inspired and all bookmaker operators as part of the fight against COVID-19.

Inspired's Virtual Grand National was televised on ITV in the UK at 5:00 PM on Saturday, April 4, 2020 in place of this year's Randox Health Grand National, which was cancelled due to ongoing COVID-19 concerns. Featuring a stunning, fully accurate re-creation of the Aintree Racecourse, Inspired delivered an ultra-realistic 3D CGI representation of The Grand National, as officially licensed by the Jockey Club, allowing viewers to experience the world's most exciting and iconic steeplechase using the latest, best-in-class graphics animation.

"Virtual Racing has predominantly been used as an added feature, providing a continual stream of betting content during quiet periods or leading up to some of the biggest sporting events. However, this year's race has proven Virtual Sports are realistic enough to take center stage," said Steve Rogers, Chief Commercial Officer of Virtual Sports for Inspired. "In addition to the extensive viewership, Virtual Grand National was trending second worldwide on Twitter on Saturday. This is a great example of how Virtual Sports can plug the gap and bring people together for some relief during these difficult times just as real sports do."

The Virtual Grand National TV special featured the 40 horses and riders who were most likely to run in the Aintree spectacular. 18-1 shot Potters Corner, the Coral Welsh Grand National winner, clung on to beat Walk In The Mill, earning a place in the virtual history books. Tiger Roll, who won the 2018 Virtual Grand National and was the 2018 and 2019 Grand National champion, was the 5-1 favorite but finished fourth.

Major betting operators throughout the UK offered odds on the Virtual Grand National and contributed their profits from the race to NHS Charities Together as did Inspired. Announcing the donation to NHS Charities Together, Betting and Gaming Council Chief Executive Michael Dugher said, "We are overwhelmed with the public support for the Virtual Grand National and for NHS Charities Together. Millions joined in the fun in honour of one of Britain's greatest sporting events and helped raise a fantastic amount for our brave heroes in the NHS. It was heartwarming to see pictures on social media of so many people enjoying themselves."

Inspired's Virtual Sports uses life-like graphics to mimic the experience of real sports betting, thanks to technology that has evolved over nearly two decades. Each event lasts around 90 seconds and games are designed to be easy to play. Inspired has the largest array of sports available 24/7, providing a consistent stream of sports betting content, even at times when live sports are not feasible. Virtual Sports provide 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, 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 September 30, 2018 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

SOURCE Inspired Entertainment, Inc.

Additional assets available online: ? Photos (1) https://investors.inseinc.com/2020-04-06-Inspired-Virtual-Sports-Are-Filling-the-Live-Sports-Gap

INSPIRED SIGNS GLOBAL VIRTUAL SPORTS PARTNERSHIP WITH NOVOMATIC

Virtual Sports to be Incorporated as Part of its NovoPrime Sports Betting Platform

NEW YORK, December 18, 2019 — Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) announced a global distribution agreement with Novomatic to incorporate a suite of Virtual Sports as part of its next-generation sports betting platform, NovoPrime Sports, which provides a leading array of sports betting products and services. This agreement covers a wide range of Virtual Sports, including Soccer, Horse Racing, Greyhounds, Motor Racing, Trotting, Basketball and Football. Inspired will look to deliver new content throughout the course of the agreement. Inspired recently signed new agreements with the NFL Alumni for a new Virtual Football game and Jaromir Jagr for Virtual Hockey.

“We have a great relationship with Novomatic and we are very excited to work with them on adding Virtual Sports to their NovoPrime Sports platform,” said Lorne Weil, Executive Chairman of Inspired. “This partnership has a great deal of potential for Inspired, bringing our Virtual Sports to new geographies, customer verticals and distribution channels. It is a win-win for everyone involved, especially the consumer.”

“We are focused on developing the premiere global turnkey sports betting platform solution for retail and online and Virtual Sports perfectly round out our portfolio of offerings,” said Alan Bruce, Head of NovoPrime Sports. “The ultra-realistic graphics of Inspired’s Virtuals provide a higher frequency complement to real sports betting. We are particularly excited for consumers to experience their groundbreaking new Virtual Basketball game, which will help our customers create continual streams of betting content.”

About Inspired Entertainment, Inc.

Inspired offers an expanding portfolio of content, technology, hardware and services for regulated gaming, betting, lottery, 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 58,000 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 September 30, 2018 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.

Inspired is Essential Entertainment at G2E 2019

NEW YORK, Oct. 14, 2019 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) is bringing the content and solutions that make the company "Essential Entertainment" to Global Gaming Expo ("G2E"), the largest gathering of global, commercial and tribal gaming professionals in North America, October 15th to 17th at the Sands Expo and Convention Center in Las Vegas. Inspired will showcase products at Booth #4130.

"Inspired is a leading gaming brand throughout Europe, especially with our recent acquisition of Novomatic UK's Gaming Technology Group, and now we're bringing the buzz to North America," said Lorne Weil, Executive Chairman of Inspired. "Our products appeal to a wide variety of players and are unique to the marketplace, creating new opportunities for operators to grow their revenues. G2E is the best place for gaming and lottery operators to see the visually stunning graphics, entertaining themes and high-performing features that have proven popular around the world."

Gaming
Inspired will showcase a premium suite of GSA-compliant products, including a rich variety of Video Lottery Terminal / Video Gaming Terminal (VLT/VGT) themes with proven high-performing features. Inspired's multi-game experience offers products addressing the preferences of every player on the same cabinet, whether they are looking for time-on-device or larger jackpots.

The star of this year's show will be Inspired's new VALOR™ cabinet, which is new to North America and has already been shortlisted in the Land-based Product of the Year category for the Global Gaming Awards Las Vegas 2019. VALOR is aesthetically pleasing and reliable, boasting striking dual 27" high-definition floating screens with superior sound that deliver an immersive player experience and perfectly complement the company's diverse range of visually impactful content. The cabinet also frames an elegant, easy-to-follow multi-game user interface that delivers intuitive game selection and fast loading times. Inspired just has been licensed in Illinois and expects to start making placements in the fourth quarter 2019.

Virtuals
Inspired has been recreating the action and settings of some of the world's most famous sporting events for over 15 years. Virtual Sports are new to North America but Inspired is a pioneer and leader, selected as Virtual Sports Supplier of the Year at the EGR B2B Awards four years running and Virtual Sports Supplier of the Year by Gaming Intelligence at the ICE Expo 2019 in London.

"Virtual Sports are the perfect cross-over product between sports and casino gaming, which makes them essential in the current environment of sports betting and online gaming expansion," said Brooks Pierce, President and Chief Operating Officer of Inspired. "Our latest partnerships with Jaromir Jagr and our favorite superstars from the NFLA allow us to create more passionate and competitive Virtual Sports experiences and attractive new revenue sources for gaming and lottery operators."

The Company remains the only provider of Virtual Football, which is live with operators now and will become even more exciting with Inspired's recent agreement with the NFL Alumni ("NFLA") to utilize the name, image, and likenesses of NFLA members in virtual football games worldwide. Also at G2E, Inspired will be introducing its groundbreaking new Virtual Basketball game. Virtual Basketball, which is offered in two variations for the US and Europe, uses the latest in motion capture technology to create a new level of realism — delivering an experience, not just a game.

With so many great Virtual Sports, operators will need to see Inspired's new V-Play Plug & Play™ solution, a complete end-to-end online virtual sportsbook product that allows operators to access Inspired's award-winning scheduled virtuals with minimal integration effort and rapid speed-to-market. Plug & Play is simple and quick to install, making the virtual product available with no sportsbook integration needed. A full bet management tool is included, delivering a complete sports betting experience with custom branding option availability.

Interactive
Inspired will also feature a deep Interactive portfolio of top-performing content ranging from slots, table games, scratch cards, and the exclusive Sizzling Hot Spins feature (now available on five games), as well as new exciting games like Book of Halloween™, a spooky holiday-themed slot; Elemental Beast™, a fantasy-themed slots title; and Furlong Fortunes Sprint™, a horse racing-themed slot with an exciting Virtual Horse Race bonus.

A highlight of the show will be the introduction of Jagr's Super Slots, an interactive game that features legendary hockey player Jaromir Jagr on 6x4 reels with stacked wilds of up to 8x that can combine to deliver a maximum win of over 26,000x. In addition to launching Jagr 's Super Slots at G2E, Inspired will also provide a sneak peek at Jagr's Virtual Hockey game. Jágr himself will meet and greet fans in support of this new game at the Inspired booth (#4130) on Wednesday, October 16th from 1:00pm until 3:00pm PT.

Please visit Inspired's G2E booth to experience the strength and breadth of the product offerings that make Inspired "Essential Entertainment."

Inspired Announces Partnership With Hockey Legend Jaromir Jágr

NEW YORK, Oct. 3, 2019 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) today announced it has signed a worldwide exclusive brand partnership with legendary hockey star Jaromir Jágr. Pursuant to this partnership, Inspired, a leading provider of Server Based Gaming, Virtual Sports and Interactive Gaming, expects to use Jágr's image and likeness in its gaming products for the virtual sports, casino and lottery sectors, as well as digital variants for online and mobile.

Jaromir Jágr is an Olympic gold-medal winning professional ice hockey player who's made history as one of the most prolific point scorers in National Hockey League ("NHL") history. Over the course of his 24-year career he has played for the Penguins, Capitals, Rangers, Flyers, Stars, Bruins, Devils, Panthers and Flames. He has won two consecutive Stanley Cups and individually received the Art Ross Trophy as the scoring champion five times, the Lester B. Pearson Award for the NHL's outstanding player as voted by the NHL Players' Association three times, and the Hart Memorial Trophy as the league's most valuable player. He is considered one of the greatest professional hockey players of all time and is one of only 29 players in the Triple Gold Club, having won the IIHF Ice Hockey World Championship, the Olympic Ice Hockey tournament and the Stanley Cup.

"I am very excited about this partnership and the opportunity to be the face of Inspired's suite of hockey gaming products," said Jaromir Jágr. "I have been increasingly impressed with their creativity and innovation in using live action to establish themselves with leading edge technology in Virtual Sports. I've done almost everything imaginable on the ice in my hockey career so I can't wait to see the breakout plays that Inspired puts together for Virtual Hockey."

In addition to being the talent behind Inspired's upcoming Virtual Hockey game, Jágr is expected to become the face of the Company's new slot game 'Jágr Super Slots', expected to launch later this year throughout its global customer base, and be featured in its live action penalty shoot-out game and bingo game that are under development for anticipated release in 2020.

"We are thrilled to announce Jaromir Jágr as the face of Inspired's newest suite of games," said Brooks Pierce, President and Chief Operating Officer of Inspired. "With an impressively long and successful career, Jaromir is one of hockey's greatest performers and personalities. Jaromir's fans will appreciate the realistic quality of the action and imagery in all of the gaming products we are creating."

Many of these new Jágr-inspired products will be showcased at the Company's booth at the Global Gaming Expo (G2E), the largest gathering of global, commercial and tribal gaming professionals in North America, October 15th to 17th at the Sands Expo and Convention Center in Las Vegas.

To celebrate this new brand partnership, Jágr will be making a VIP guest appearance at Inspired's G2E booth #4130 on Wednesday, October 16, 2019 from 1:00pm PT to 3:00pm PT, where Inspired is bringing content and solutions that demonstrate what makes the company "Essential Entertainment".

Inspired Completes Acquisition Of Novomatic UK's Gaming Technology Group

Combination Diversifies and Broadens Scale and Scope of Inspired's Footprint and Product Offering

NEW YORKOct. 1, 2019 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (INSE) announced today that it has completed the acquisition of the Gaming Technology Group ("NTG") of Novomatic UK Ltd. ("Novomatic UK"), a division of NOVOMATIC GROUP, a leading international supplier of gaming equipment and solutions. 

This acquisition combines Inspired's position and expertise in server based gaming, virtual sports and interactive with NTG's diversified gaming products and popular content, across a complementary customer base.  Inspired is a leading supplier of Category B2/B3 gaming terminals, and NTG is a leading supplier of Category B3, C and D gaming terminals to pubs, arcades, motorway service areas and holiday resorts in the UK.  Inspired will now supply (i) gaming systems with associated terminals and content for more than 58,000 gaming machines located in betting shops, pubs, gaming halls and other route operations, (ii) virtual sports products through more than 44,000 retail channels, (iii) digital games for 100+ websites and (iv) a variety of amusement entertainment solutions with a total installed base of more than 19,000 devices. Inspired continues to be well positioned to supply an extensive range of products and services across the UK, Europe and beyond.

Inspired plans to draw on each organization's core strengths to broaden offerings, bring differentiated gaming products to new sectors and geographies, accelerate key growth initiatives and offer enhanced capabilities, systems, field service and content.  The addition of NTG is expected to help diversify Inspired's UK business and enable Inspired to expand into contiguous customer segments with very little overlap of existing customers. Inspired's position and expertise in server based gaming is expected to accelerate NTG's development initiatives to transition the pub gaming sector from analog to digital gaming machines, systems and content. Together, Inspired and NTG are well positioned to capitalize on further converting NTG's game library for online deployment.

"This acquisition is transformational for Inspired as it unites two highly complementary businesses to create a company that we expect to be a leader in the gaming industry with innovative content, state-of-the-art technology and an expansive footprint," said Lorne Weil, Executive Chairman of Inspired.  "We see significant opportunities across the combined companies to accelerate our growth, expand our reach and set new standards for innovation and service in the industry."

Mr. Weil continued, "The larger scale of the combined organization will offer a one-stop service for gaming, virtual sports, interactive and leisure products – and a complete gaming solution that operators can use to reach players wherever they are, whenever they want to play and in any channel they choose.  We expect to be able to deliver meaningful value to our shareholders as the acquisition is integrated."

To acquire NTG, Inspired paid approximately €104.6 million in cash.  In connection with the acquisition, Inspired entered into a new term loan facility for £140 million and €90 million and a £20 million revolving credit facility. The term loan facility was used, in part, to finance the acquisition, to pay off existing indebtedness and to pay fees and expenses related to the acquisition and related financing.  The refinancing of the current debt is expected to result in a reduction in cost of debt capital.

Inspired expects to achieve US$12.3 million to US$13.3 million of annual cost synergies (across cost of sales and selling, general and administrative costs and excluding one off implementation costs), within six months of the closing date based upon the 1.269 USD/GBP spot exchange rate at the time of signing of the transaction, through shared costs and increased scale.  Inspired expects to be able to make efficient use of shared manufacturing, engineering, software development, field maintenance and customer service to drive growth and cost savings.  Inspired further expects to reduce capital deployed in the pub gaming sector.

About Inspired Entertainment, Inc.
Inspired offers an expanding portfolio of content, technology, hardware and services for regulated gaming, betting, lottery, 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 58,000 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 contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995, including statements regarding Inspired's plans with respect to the combined operations of Inspired and NTG, the expected effects of the acquisition of NTG, anticipated effects of the refinancing of existing indebtedness and projected synergies. 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. Factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements include, without limitation:  unanticipated difficulties or expenditures relating to the transaction, including, without limitation, difficulties that result in the failure to realize expected synergies, efficiencies and cost savings from the proposed transaction within the expected time period (if at all); disruptions of Inspired's and the NTG's current plans, operations and relationships with customers and suppliers caused by the transaction; potential difficulties in Inspired's and NTG's ability to retain employees as a result of the transaction; unforeseen challenges with respect to post-closing integration; and the other factors described in the "Risk Factors" section of Inspired's annual report on Form 10-K for the fiscal year ended September 30, 2018 and Inspired's quarterly report on Form 10-Q for the quarter ended June 30, 2019, which are available, free of charge, on the U.S. Securities and Exchange Commission's website at www.sec.gov and on Inspired's site at www.inseinc.com.

 

Contact:
Aimee Remey
Aimee.remey@inseinc.com
+1 646 565-6938"

Inspired nominated for Global Gaming Award

Inspired are pleased to announce we have been nominated for the Land-based product of the year category at the Global Gaming Awards Las Vegas 2019 for our new, state of the art Valor Cabinet.

The Global Gaming Awards are powered by leading B2B-gaming publication Gambling Insider in association with G2E and independently adjudicated by KPMG Isle of Man. Now in their sixth year the Awards have quickly become the most trusted Awards in the industry and has gained respect amongst industry heavy-weights making it a must-attend event that kicks-off G2E Las Vegas.

We the industry’s largest VLT multi-game provider, with 15 years of experience and 34,000 machines in the market.

Inspired Signs Exclusive Worldwide Virtual Sports License with NFL Alumni

New York, September 9, 2019 – Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) announced today that it has signed an agreement with VEEPIO, the mobile technology arm of the NFL Alumni (“NFLA”), to utilize the name, brand, image, persona and likenesses of the NFLA members to be commercially used worldwide in virtual football games. The NFLA is the oldest and best-known retired player organization in professional sports composed of thousands of former NFL players, coaches, team staff members and associated members.

As the pioneer of Virtual Sports, Inspired has recreated the action of the world’s most popular sports for more than 15 years. With this agreement, Inspired will have exclusive worldwide rights to utilize the brand and image of the NFLA members for its Virtual Products. Inspired intends to use its award winning visual effects and the latest in motion capture technology to bring the NFLA greats to life, delivering an experience and not just a game with its ‘Legends of Football’. Inspired is currently the only provider of Virtual Football, which has received a tremendous response since launching in 2018, as evidenced by bet 365’s recent launch of two new channels of football.

Inspired’s “Legends of Football” virtual football game will showcase some legends of the game, including NFL Hall of Fame players like Franco Harris. Harris said, “I’m excited to see the Inspired virtual product and connect with fans who may not have seen me or some of my contemporaries play during our careers. I’m especially proud of the benefit that will be derived by the NFL Alumni retired players as they transition into their lives after football.”

Phil Villipiano, the All Pro and 2019 GridIron Greats Hall of Fame inductee from the Oakland Raiders, who was on the field with Franco during the famous “Immaculate Reception” play, said it best, “I know it’s only virtual football, but it sure would be great to see the outcome of that play differently. Like Franco, I’m excited that proceeds from the ‘Legends of Football’ virtual game will go to the benefit of my fellow NFL Alumni to help them in areas like healthcare.”

“We are pleased to announce our partnership with the NFLA and VEEPIO,” said Brooks Pierce, President and Chief Operating Officer of Inspired Entertainment. “We have had great success since the introduction of our Virtual Football games but we expect this partnership to take it to the next level. VEEPIO allows us to produce the first-ever suite of entertainment products featuring the brands and images of the ‘Legends of Football’. Fans will love cheering on their favorite superstar players of all time, creating a more passionate and competitive experience.”

The primary focus of the NFLA is to serve, assist and inform players in their post-NFL lives. Alumni are offered a diverse package of medical, business, and legal services to help keep them and their families healthy, productive, and connected to the league and their former teammates. The NFLA also continues to support organizations and projects that offer special promise to advance the quality of life in communities where Alumni chapters are located. Together, the NFLA raises more than $1 million a year for local nonprofit causes.

“We are always looking for new and different channels to expand our reach, assist our members, and help our local communities,” said NFLA CEO Beasley Reese. “This partnership with Inspired fits well within our primary mission of ‘Caring for Our Own’. The Legends of Football suite of games helps position NFL alumni to grow their brands, embrace technology, and enhance their financial stability.”

“As the award-winning recognized leader in Virtual Sports, Inspired is the perfect fit for VEEPIO and the NFLA,” said Jonathan Ohliger, CEO of VEEPIO. “They have grown the Virtual Sports category massively in recent years, but no one has offered a virtual football game with the former players. We have every confidence that Inspired will put together an exhilarating suite of games that will help benefit NFLA member initiatives.”

About Inspired Entertainment, Inc. 
Inspired is a global games technology company, supplying Virtual Sports, Mobile Gaming and Server Based Gaming systems with associated terminals and digital content to regulated lottery, betting and gaming operators around the world. Inspired currently operates approximately 35,000 digital gaming terminals and supplies its Virtual Sports products through more than 40,000 retail channels and over 100 websites, in approximately 35 gaming jurisdictions worldwide. Inspired employs 600 employees in the UK and elsewhere, developing and operating digital games and networks. Additional information can be found at www.inseinc.com.

About VEEPIO 
Founded in 2015, VEEPIO is a content optimization technology platform. VEEPIO's innovative software development kit enables brands to link content from any online resource directly into media within their mobile application, eliminating the need for the user to leave the ecosystem of the company's app. For more information please visit: https://twitter.com/veepio

About NFL Alumni 
The NFL Alumni Association is a nationwide group of former National Football League players, coaches and other employees whose mission is to serve, assist and inform former players and their families. The association offers a variety of health, financial and learning programs to help its members. For more information please visit: nflalumni.org.

Contact: 
Aimee Remey
646-565-6938 
aimee.remey@inseinc.com

SOURCE Inspired Entertainment, Inc.

Inspired Signs Virtuals And Interactive Contract With Loto-Québec

NEW YORK, July 29, 2019 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) today announced that it has signed a three-year contract with Société des casinos du Québec Inc ("Loto-Québec") to provide its award-winning scheduled and on-demand Virtual Sports as well as its best-in-class Interactive casino content to Loto-Québec's online gaming website, lotoquebec.com. Inspired content will be enabled for players in Quebec in the third quarter of 2019.

This agreement will allow Loto-Québec to utilize content from Inspired's popular portfolio of Interactive slots, table games and Virtual Sports on-demand content including Maximus Soldier of Rome™, Book of the Irish® and 1st Down™ Slots, which is the first slot title to include football virtual clips.

"Loto-Québec is a hugely successful corporation that we consider a key partner in our North American expansion strategy," said Brooks Pierce, President and Chief Operating Officer of Inspired. "They have been at the forefront of Canadian gaming and we are delighted to partner with them to offer Loto-Québec players something unique and different than what they already have access to."

Shortly following the initial launch, Loto-Québec will deploy Inspired's industry-leading Virtual Plug N Play™ solution, a complete end-to-end online scheduled Virtual Sports solution that allows operators to access Inspired's award-wining scheduled Virtual games with minimal integration effort and rapid speed-to-market. Plug N Play is a white label product and will be branded to meet Loto-Québec's needs.

Claire Osborne, Vice President of Interactive for Inspired, added, "Loto-Québec's online gaming site is high-performance, entertaining and enjoyable. Given its extremely user-friendly interface, we believe our easy and seamless Plug N Play solution will fit in perfectly."

Loto-Québec conducts and manages gambling in Quebec, including lottery, sports betting, casino, poker and bingo, through multiple channels of distribution. lotoquebec.com is Loto-Québec's secure, regulated online and mobile channel, with a growing selection of lottery games, sports betting, casino, XP, poker and bingo entertainment.

"The addition of Inspired's popular casino titles and a library of fresh on demand and scheduled Virtual Sports games boosts our portfolio and allows us to reach a wider audience," said Julie Benoît, e-commerce General manager for Société des casinos du Québec (SCQ). "We're excited to see continued growth as a result of this partnership."

Inspired To Integrate Interactive Casino Content Onto SBTech Platform

NEW YORK, July 17, 2019 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) today announced that it has signed a five-year global agreement with SBTech, a global leader in sports betting and iGaming solutions, to integrate Inspired's RGS casino content onto the SBTech platform. SBTech currently serves over 50 global operators.

Following the conclusion of Inspired's RGS integration, SBTech platform operators will have access to Inspired's wide range of casino and on-demand Virtual Sports content including Centurion™, Book of the Irish® and 1st Down™ Slots, which is the first slot title to include American Football virtual clips.

"Integrating with SBTech's industry-leading casino platform proposition further bolsters our capability to offer top performing casino content to leading iGaming, land-based and lottery operators," said Claire Osborne, Vice President of Interactive at Inspired. "SBTech has award-winning technology and an extensive customer base, allowing us to further increase our reach both in established and new territories."

This agreement deepens Inspired's relationship with SBTech which currently includes Virtual Sports distribution to operators across Europe. The suite of RGS casino content is targeted for an initial launch in July in the UK shortly followed by expansion into New Jersey.

"We are thrilled to offer Inspired's unique and entertaining casino content to our customers. They have popular brands and a strong foothold in the European marketplace," said Andrew Cochrane, Chief Development Officer of SBTech. "Our partners' players have greatly enjoyed their award-winning virtual sports and we are excited to expand our partnership and casino product portfolio with Inspired."

Inspired Announces Agreement To Acquire Novomatic UK's Gaming Technology Group

Anticipated to Diversify and Broaden Scale and Scope of Inspired's Footprint and Product Offering
 
Complementary Portfolio of Innovative Content and World-Class Technology
 
Projected Annual Cost Synergies of US$12.3 to US$13.3 Million[1]

 

NEW YORKJune 11, 2019 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (INSE) today announced that it has entered into a definitive agreement to acquire the Gaming Technology Group ("NTG") of Novomatic UK Ltd. ("Novomatic UK"), a division of NOVOMATIC GROUP, a leading international supplier of gaming equipment and solutions, for the EUR equivalent of US$120.0 million in cash.

Inspired is a leading supplier of Category B2/B3 gaming terminals in the UK, and NTG is a leading supplier of Category B3, C and D gaming terminals to pubs, arcades, motorway service areas and holiday resorts in the UK.  Following the transaction, Inspired would be positioned to supply an extensive range of products and services across the UK and Europe, and beyond.  Upon closing the acquisition, Inspired would manage more than 75,000 gaming machines in the UK and Europe.

"The potential acquisition of NTG is transformational for Inspired, enabling us to dramatically increase the size, scale and scope of our business by combining our highly complementary, but largely non-overlapping, businesses," said Lorne Weil, Executive Chairman of Inspired Entertainment. "We expect to leverage our superior game content, technology, operational capabilities and respective footprints to augment the existing growth trends for our enterprise."

NTG is comprised of the following six companies:

  • Gamestec Leisure – Primarily serving the UK pub sector through the placement of gaming machines on a managed service basis and delivering service support to the bingo and self service betting terminals sectors. 
  • Playnation Limited – Serving the UK holiday and leisure industry, including holiday parks, motorway service stations, bowling alleys, airports and independent holiday resorts through revenue share arrangements with operators.
  • Astra Games Limited – Gaming machine manufacturer, selling Category B, C and D gaming machines to pubs, adult gaming centers, and holiday resorts.
  • Bell-Fruit Group Limited – Primarily selling Category C machines, both analog and digital, and exporting machines to key European geographies.
  • Harlequin Gaming Limited – Game development studio for Astra and Bell-Fruit.
  • Innov8 Gaming Limited – Gaming machine developer supplying Category B3 and C gaming machines within the NTG and to external customers.

Mr. Weil continued, "Inspired and NTG currently operate in different segments but have much in common in terms of providing resources for our customers and their consumers.  This combination would provide additional resources for our core businesses and combine the great content and machine portfolio from each. We expect to be able to deliver meaningful value to our shareholders as the acquisition is integrated."

Improved Operating Efficiencies

Inspired expects to achieve $12.3 million to $13.3 million of synergies through shared costs and increased scale. Inspired also expects to be able to make efficient use of shared manufacturing, engineering, software development, field maintenance and customer service to drive growth and cost savings after the transaction closes.  Inspired further expects to reduce capital deployed in the pub gaming sector following the closing of the transaction, as the sector continues its ongoing digital transformation.

Complementary Businesses Leveraging Core Competencies

Inspired plans to draw on the core strengths of Inspired and NTG to broaden offerings, bring differentiated gaming products to new sectors and geographies, accelerate key growth initiatives and offer enhanced capabilities, systems, field service and content.  The addition of NTG is expected to help diversify Inspired's UK business and expand into contiguous customer segments with very little overlap of existing customers. Inspired's position and expertise in server based gaming is expected to accelerate NTG's development initiatives to transition the pub gaming sector from analog to digital gaming machines.

 

Inspired and NTG are both known for their product innovation and creative content. Together, the companies expect to offer an expansive combined game and machine portfolio to customers. Inspired and NTG are also well positioned to capitalize on further converting NTG's game library for online deployment.

Transaction Terms and Execution

Inspired has agreed to acquire NTG for the EUR equivalent of US$120 million, subject to certain customary adjustments.  This consideration represents a multiple of approximately 5.5x NTG's pre-synergy Adjusted EBITDA of £17.1 million, or $21.7 million[2], for the 12-month period ended December 31, 2018, and 3.5x after adjusting for the mid-point of estimated run-rate annual synergies of £9.6 million to £10.6 million, or $12.3 million to $13.3 million, as if they were achieved January 1, 2018.

The acquisition, which is subject to the approvals of regulatory authorities and other customary closing conditions, is expected to close during the third quarter of 2019.  In conjunction with the proposed transaction, Inspired is expected to refinance its existing indebtedness with a new £220 million GBP-equivalent term loan and £20 million revolving credit facility.  Inspired has obtained committed financing for the transaction, and the transaction is not subject to a financing contingency. The committed financing is expected to result in a reduction in cost of debt capital.

"The proposed financing is at a lower interest rate than our existing debt and is a major step in improving Inspired's capital structure," said Stewart Baker, Executive Vice President and Chief Financial Officer of Inspired.  "Pro forma for the acquisition, adjusting for the mid-point of estimated run-rate annual synergies, the proposed financing implies net leverage of 3.0x[3].  It will position us with a stronger balance sheet and extended maturities, while also reducing our cost of capital which we believe will allow us to have more flexibility to capitalize on meaningful opportunities to grow our business."  

Casino Operations

The casino assets of Astra Games Limited are not included in the potential transaction.  At or prior to the closing of the Acquisition, Astra will transfer to Novomatic UK Gaming UK Limited, a wholly-owned subsidiary of NOVOMATIC GROUP, assets to the extent related to its casino operations.

Financial and Legal Advisory

Nomura served as financial advisor to Inspired. Sidley Austin LLP and Addleshaw Goddard LLP served as legal advisors to Inspired.  Nomura and Macquarie Capital have provided financing commitments to support the transaction. 

Inspired Launches Book of the Irish Interactive Slot Game

New York, May 29, 2019 - Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) today announced the launch of its latest interactive slot game, Book of the Irish™.

Book of the Irish features an entertaining leprechaun, traditional Irish folk music and an adventurous bonus round that will keep players entertained and coming back for more, demonstrating once again what makes Inspired “Essential Entertainment.”

Players enjoy spinning the reels to search for leprechauns and pots of gold while increasing their total win. When the gamble to free spins feature is triggered, players are offered a chance to either increase winnings or gain up to 20 free spins.

If a player is lucky enough to trigger the free spins bonus, they’ll start with the turning pages of the Book of the Irish, unveiling the player’s expanding bonus symbol. For the duration of the bonus, the player’s expanding bonus symbol will grow when enough bonus symbols are present for a win.

“Book of the Irish combines a popular theme with high-performing game mechanics that have been enhanced to increase the entertainment level for players,” said Claire Osborne, Inspired’s Vice President of Interactive. “The fun graphics and game play create a unique and engaging experience that we are confident will make an impact with players.”

“Our talented team has worked hard to perfect the player experience for Book of the Irish,” said Steven Collett, Chief Product Officer of Inspired. “This is a dynamic game that has been crafted to bring excitement to the players and complement the many vibrant titles found in the Inspired portfolio of interactive slot games. We are sure it will quickly become a player favorite.”

Book of the Irish is now available both online and on mobile devices through Inspired’s Virgo™ Remote Gaming Server, which provides customers with leading HTML5 games and technology designed to comply with all major online regulations.

Inspired Renews Contract With BetVictor

One of the First Customers to Launch Virtual Basketball

NEW YORK, May 15, 2019 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) today announced that it has signed a long-term extension to provide its scheduled Virtual Sports online to BetVictor, a leading global online gambling company. BetVictor's interactive Virtual Sports platform currently includes six individual sports and 24/7 coverage, serving customers all over the world. This new deal includes the provision of additional streams of Virtual Sports content on BetVictor's interactive platform and a roadmap of new content.

BetVictor will be one of the first Inspired customers to launch Virtual Basketball later in the year as well as the exclusive Virtual Grand National product.

"Basketball is the second most popular team sport, with avid fan bases around the world," said Steve Rogers, Chief Commercial Officer of Virtual Sports at Inspired. "We knew basketball could be huge for the Virtual Sports category if it was done to the highest standard, so we consulted with professional players and invested in the latest motion-capture technology to create the most realistic and exciting product to date. BetVictor is the perfect customer to launch our Virtual Basketball game, as they're always excited to bring their customers the best and most entertaining experiences."

"We have been working with Inspired since 2010 on a number of Virtual Sports and the Virtual Basketball product sets a new benchmark for graphics and animation in the industry," said Eoin Ryan, Director of Product at BetVictor. "Live basketball is one of our customers' preferred sports, and for us to be one of the first operators to launch Virtual Basketball is really exciting. I am confident our customers will respond well to it," added Ryan.

About Inspired Entertainment, Inc.
Inspired is a global games technology company, supplying Virtual Sports, Interactive Gaming and Server Based Gaming systems with associated terminals and digital content to regulated lottery, betting and gaming operators around the world. Inspired currently operates over 30,000 digital gaming terminals and supplies its Virtual Sports products through more than 40,000 retail channels and over 100 websites, in approximately 35 gaming jurisdictions worldwide. Inspired employs more than 650 employees in the UK and elsewhere, developing and operating digital games and networks. Additional information can be found at www.inseinc.com.

Contact:
Aimee Remey
Aimee.remey@inseinc.com
+1 646 620-6737

About BetVictor
BetVictor is a leading global online gambling company. Its focus is to offer customers a simple, intuitive and personal betting experience. Digitally data-led, BetVictor provides in-house technologies and product development capabilities enabling the company to build successful partnerships. With more than 500 employees, BetVictor is an established innovator in the gaming industry. 

BetVictor is an Official Principal Partner of Liverpool Football Club since 2016 and the headline sponsor of Cheltenham's November Meeting including the feature BetVictor Gold Cup.

Established in 1946, Michael Tabor acquired sole-ownership of BetVictor in 2014 having previously been a major shareholder in the business. BetVictor has its headquarters in Gibraltar with tech hubs in London and Budapest. For more information, follow us on Facebook, Twitter and Instagram.

To learn more about BetVictor visit us on LinkedIn.

For enquiries, please contact:
Alexandra Santos
Communications Manager, BetVictor
Alexandra.Santos@betvictor.com / (+44) 7825 898 166

Tom Sweetman
BetVictor Press Office, Alter Agency
tomsw@alter-agency.com / (+44) 7738 156 469

Forward Looking Statements 
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", "outlook", and "project" and other similar expressions that indicate future events or trends or are not statements of historical matters. These statements are based on our management's current expectations and beliefs, as well as a number of assumptions concerning future events.

Such forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside of our 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 our views as of any subsequent date, and we do 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 may be required under applicable securities laws. Factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements can be found in our reports filed with the Securities and Exchange Commission, including our annual report on Form 10-K, our quarterly reports on Form 10-Q and our current reports on Form 8-K, which are available, free of charge, on the SEC's website at www.sec.gov and on our site at www.inseinc.com.

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/inspired-renews-contract-with-betvictor-300850699.html

SOURCE Inspired Entertainment, Inc.

Inspired Names Steve Beason New Group Chief Technology Officer

NEW YORK, May 9, 2019 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) has named Steve Beason as its new Group Chief Technology Officer, effective immediately. Beason, who recently served as an independent consultant for Inspired since 2018, has accepted the position to lead Inspired's technology efforts driving the overall hardware, software and content development.

Beason

Beason joins Inspired after more than 10 years at Scientific Games, where he most recently served as Enterprise Chief Technology Officer from 2011 until 2016. As Enterprise CTO, Beason managed a group of 1,200+ employees in both operational, product development and service roles, and was instrumental in the acquisitions and integrations of Bally, WMS, Barcrest, and Global Draw. He also managed the manufacturing and software development organizations with centers in the US, Europe, India and China.

"Steve is an innovative and results-driven leader whom I've had the pleasure of working with during his tenure at Scientific Games," said Lorne Weil, Executive Chairman of Inspired Entertainment. "Given his unparalleled industry knowledge and extensive experience across the lottery, casino, interactive, horse racing and sports betting industries, he is extremely qualified to fill this role. I'm confident that Steve's leadership and proven track record are exactly what we need to enter the North American marketplace and take our business to the next level."

From 1998 to 2005, Beason was the Executive Director, Information Technology for the Hong Kong Jockey Club where he oversaw the entire IT and MIS organization. Prior to that, Beason served as the Vice President of Software for GTECH from 1986 until 1998, managing the software service, support and development departments. In total Beason has over 35 years of experience in the gaming and wagering industry.

Beason holds an undergraduate degree from Coleman College and received his M.B.A. from the Kellogg School of Management at Northwestern University and the Hong Kong University of Science and Technology.

About Inspired Entertainment, Inc.

Inspired is a global games technology company, supplying Virtual Sports, Interactive Gaming and Server Based Gaming systems with associated terminals and digital content to regulated lottery, betting and gaming operators around the world. Inspired currently operates over 30,000 digital gaming terminals and supplies its Virtual Sports products through more than 40,000 retail channels and over 100 websites, in approximately 35 gaming jurisdictions worldwide. Inspired employs more than 650 employees in the UK and elsewhere, developing and operating digital games and networks. Additional information can be found at www.inseinc.com.

Forward Looking Statements

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", "outlook", and "project" and other similar expressions that indicate future events or trends or are not statements of historical matters. These statements are based on our management's current expectations and beliefs, as well as a number of assumptions concerning future events.

Such forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside of our 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 our views as of any subsequent date, and we do 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 may be required under applicable securities laws. Factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements can be found in our reports filed with the Securities and Exchange Commission, including our annual report on Form 10-K, our quarterly reports on Form 10-Q and our current reports on Form 8-K, which are available, free of charge, on the SEC's website at www.sec.gov and on our site at www.inseinc.com.

Contact:
Aimee Remey
Aimee.remey@inseinc.com
+1 646 620-6737

Inspired Signs Virtuals and Interactive Contract with BCLC

Inspired's Virtual Sports and Interactive Casino Games to Be Available in Canada During First Half of 2019


NEW YORK, March 7, 2019 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) today announced that it has signed a
multi-year contract with the British Columbia Lottery Corporation ("BCLC") to provide its award-winning scheduled and on-demand Virtual Sports as
well as its best-in-class Interactive casino content. Inspired content will be enabled for players in British Columbia and Manitoba in the first half of
2019.


"Our North American strategy is a key priority for Inspired and this partnership with BCLC is indicative of the progress we are making on this strategy,"
said Brooks Pierce, President and Chief Operating Officer of Inspired.
Claire Osborne, Vice President of Interactive for Inspired, added, "BCLC delivers a seamless customer experience across channels and touchpoints
and we're delighted to be working with them to introduce our award-winning, differentiated content to the Canadian market."


BCLC conducts and manages gambling in British Columbia, including casino, lottery, bingo and sports betting, through multiple channels of
distribution. PlayNow.com is BCLC's secure, regulated online and mobile channel, with a growing selection of lottery games, sports betting, slots,
table games and bingo entertainment. BCLC also provides online gaming services and web-based and mobile platforms to the Province of Manitoba
through an operating contract with Manitoba Liquor and Lotteries.

INSPIRED DELIVERS AT ICE LONDON 2019 Introducing Virtual Basketball and the Valor™ Gaming Terminal

New York, January 28, 2019 - Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) today announced the products that it will showcase at ICE London 2019, demonstrating what makes Inspired “Essential Entertainment”. Whether Virtual Sports, Server Based Gaming or Interactive, Inspired brings engaging and creative content and solutions that are proven performers for regulated operators globally.

VIRTUAL SPORTS

Virtual Sports have become a necessity for regulated operators around the globe. Virtual Sports create continual streams of betting content and a higher frequency complement to real sports betting.  The ease and simplicity make Virtual Sports accessible to both novice and experienced players, and the fast-paced action appeals to that hard-to-reach millennial demographic.  

As the pioneer of Virtual Sports, Inspired has recreated the action of the world’s most popular sports for more than 15 years. This year, ICE visitors will be in awe of the award-winning visual effects at Booth #S2-310.  There you can see Inspired’s most popular products, such as Rush Football® and Virtual Horse Racing, as well as its most recent launches, including 1st Down™ Football and Virtual Grand National.  

And the magic of Virtuals keeps getting better.  At this year’s ICE, Inspired will be introducing the latest Virtual Sport to join its line-up.  Its groundbreaking new Virtual Basketball game, using the latest in motion capture technology, brings Virtual Sports to a new level of realism, delivering an experience and not just a game.

SERVER BASED GAMING

With more than 33,000 video lottery terminals (“VLTs”) installed, Inspired is a leader in server based gaming, outperforming competitors in key jurisdictions throughout Europe.  ICE visitors will be able to see firsthand Inspired’s strong suite of customized content, which is GSA compliant for private or government operators.

In keeping with the theme of new product releases, Inspired will also be introducing a new server based gaming cabinet at ICE. The Valor™ cabinet boasts striking dual 27” ultra-high definition floating screens that deliver a unique and immersive player experience. Built-in screen frame lights offer enhanced front-facing contextual lighting and rear-facing ambient lighting. This cabinet also supports open standard G2S VLT protocol. Valor serves every type of player, allowing visitors to play the core slot games and blockbuster multi-bonus games. Valor will not only provide new player experiences for existing customers but will also take Inspired into new jurisdictions with specific content developed for North America and Europe.

INTERACTIVE GAMING

With the proliferation of online gaming and lottery, the ability to leverage top performing game titles and award-winning Virtual Sports content online and on mobile devices worldwide has made Inspired’s Interactive business a great growth driver for customers.  Visitors to this year’s ICE London will see a wider portfolio of top-performing Interactive content available across major regulated jurisdictions, with more than 60 slots, table and virtual on demand games. Inspired’s display will include its brand new Plug N Play™ solution, a complete end-to-end online Virtual sportsbook product that allows operators to access Inspired’s award-winning scheduled Virtual games with minimal integration effort and rapid speed-to-market.

With more than 33,000 visitors, ICE is the world’s biggest and most international gaming technology event, and a great opportunity to communicate the strength and breadth of Inspired’s product offerings, demonstrating why Inspired is “Essential Entertainment”.

Michigan Lottery Launches Endzone Payout

State Lottery first to go live with IWG and Inspired Entertainment-developed game

LONDON and NEW YORK, Jan.30, 2019 /PRNewswire/ -- IWG, the award-winning supplier of online, instant-win games, and Inspired Entertainment (INSE), a world leader in virtual sports, have delivered a new Instant-Virtual Football game, Endzone Payout, to the Michigan Lottery.

Launched ahead of the weekend's big game, Michigan is the first to roll out this brand-new vertical for North American lotteries.

The sports-themed virtual scratch ticket uses a video clip of a single football play as an exciting way to reveal the outcome of a simple symbol match lottery game.

Endzone Payout is a result of an innovative collaboration, which involves IWG leaning on its expertise to create unique and engaging instant win games that feature Inspired's award-winning ultra-realistic Virtual Sports graphics.

Shannon DeHaven, Deputy Commissioner of Digital Operations at Michigan Lottery, said: "We feel confident that the launch of this brand-new style of sports-themed digital instant ticket game will appeal to both our existing player base and new players."

Rhydian Fisher, IWG CEO, said: "It's exciting to see our first U.S. lottery customer go live with one of the most inventive games to hit the North American lottery market in recent times. Endzone Payout is the type of game that combines the best of instant win mechanics and virtual sports animations into an easy-to-understand concept."

Brooks Pierce, President and Chief Operation Officer at Inspired Entertainment, said: "We are very proud of this entertaining and engaging new product for lotteries and happy to launch it for the first time in Michigan. We look forward to seeing how this product supports the Michigan Lottery's mission of raising revenues for public education."

IWG has provided a full online instant win service to lotteries for more than 15 years, producing more than 250 high quality instant win games.

Inspired has more than 15 years of visual effects experience and has been the EGR Virtual Sports Provider of the Year for the past three years. Inspired's life-like games appeal to a new player genre, providing fun betting options and exciting new ways to reveal the win.

About IWG

IWG is a world leader in supplying online, instant-win games to lotteries and commercial brands and platforms in the online gaming industry. It has over 15 years' experience of making top selling, high quality instant-win games and the strategic know-how to make them work.

IWG has launched over 300 games that perform consistently at the highest level, engaging and retaining players while driving excellent results for customers. It has the knowledge to deliver a winning portfolio of games, the experience to make it grow and the sales figures and data to back this knowledge up.

IWG delivers an end-to-end solution covering all aspects of game development and portfolio management and a Remote Game Server (RGS) delivering content in multiple regulated jurisdictions from data centres in the UK, Gibraltar, Canada and North America. It has a broad library available via the RGS with games covering many proven themes and mechanics that can be developed into an ideal offering for a partner's instant win portal.

Inspired Renews Contract With bet365

NEW YORKJan. 29, 2019 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (INSE) today announced that its subsidiary Inspired Gaming (UK) has signed a multi-year extension to provide its scheduled Virtual Sports online to bet365,  the world's largest online sports betting company with over 35 million customers worldwide.  This new contract includes the provision of four additional streams of Virtual Sports content on bet365's interactive platform and a roadmap of new content for 2019.

bet365's interactive platform currently includes Inspired's Horse Racing, European Football (soccer), Greyhounds, Speedway, Tennis, Motor Racing, Trotting, and Cycling, with two additional streams - Virtual Darts and Cricket – having launched in early January, and Rush Horses Sprints 2 and Rush Dogs 2 upgrades slated for later this quarter. In addition, Inspired will deliver new content throughout 2019.

Simon Betteley of bet365 said, "Innovation and technology are the lifeblood of our business and Inspired has always impressed us with their ultra-realistic and engaging games.  Our customers have enjoyed the 'Virtual Sports experience' and we are excited to introduce additional channels and new products in 2019."

"It is an honor to renew our contract with bet365, an instantly recognizable and trusted brand, and we are thrilled to extend and expand our relationship," said Steve Rogers, Chief Commercial Officer of Virtual Sports at Inspired.  "bet365 really knows what its customers want and we look forward to delivering new content throughout the contract."

Inspired Launches 'The Virtual Grand National' With Paddy Power

New York, December 13, 2018 - Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) today
announced the first retail launch of their newest virtual horse racing product ‘The Virtual Grand
National’ with Paddy Power Betfair plc. across the bookmaker’s full retail estate of over 620 stores in
the UK and Ireland.

Paddy Power are the first operator to go live in retail venues with The Virtual Grand National, an
official licensed product with The Jockey Club featuring a full recreation of the iconic Aintree
racecourse. The Virtual Grand National is displayed on Paddy Power TV, alongside real live racing,
as a featured event where customers can place their bets in venue with new events approximately 10
times a day.

The Virtual Grand National provides new betting opportunities, larger prizes, and all the thrills and
spills of the world’s most famous steeplechase presented in the latest cutting-edge graphics and
animations.

“Paddy Power is a great partner and a long-time valued customer,” said Steve Rogers, Chief
Commercial Officer of Virtual Sports at Inspired. “We are very proud of the final product and hope
that Paddy Power customers will enjoy being able to experience the excitement of the Grand National
all year round.”

Every year, one in four Britons bet on the Grand National, the world’s most famous and prestigious
horse race, which attracts over 600 million viewers, making it one of the most watched televised
sporting events of the year.

For the last two years running, Inspired has teamed up with ITV and Carm productions for a broadcast
of The Virtual Grand National. With Inspired’s Virtual Horse Racing engine as the centerpiece, the
show attempts to predict the winner of the Grand National using mathematical algorithms.

Inspired Announces Virtual Sports Launch With Danske Spil

NEW YORKDec. 3, 2018 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (INSE) today announced a new contract with the Danish National Lottery, Danske Spil, to supply its award winning Virtual Sports content to retail venues operated by Danske Spil across Denmark.

Inspired launched in Denmark in November with scheduled Virtual Sports products, including Rush Football Matchday™, across multiple dedicated channels of Virtual Sports content. These virtual events are streamed to venues via the latest streaming technology which removes the requirement for in-venue graphics PCs.   

"I'm delighted to announce this strategically important deal with Danske Spil," said Steve Rogers, Chief Commercial Officer for Virtual Sports at Inspired.  "Inspired is proud to be affiliated with World Lottery Association members throughout the world, and the opportunity to supply our leading Virtual Sports to Danske Spil retail venues is an exciting one for our business."

Rogers added, "We are confident that products such as Rush Football Matchday™ will prove extremely popular with Danske Spil customers.  Rush Football Matchday™ has recently launched in Italy to great success and we believe that we will see similar receptivity in Denmark."

"At Danske Spil we very much look forward to offering Inspired's Virtual Sports to our retail customers," said Jens Nielsen, Sports Betting Director at Danske Spil. "We pride ourselves on delivering entertaining games and a premium customer experience, and we're confident that these new products will not only bolster our existing portfolio, but also impress players with their ultra-realistic graphics and entertainment value."

Inspired to Provide Virtual Sports to BetStars

NEW YORKNov. 13, 2018 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) today announced a worldwide exclusive contract to provide both its scheduled and on-demand virtual sports online to BetStars, the international online sports betting brand of The Stars Group Inc., one of the world's largest online gaming operators. 

Inspired will initially be launching with its popular Rush Football 2® on BetStars.com, which offers a wide range of popular and specialist betting options, promotions and exclusive products across dozens of sports and specialty offerings. Rush Football 2® is a remarkably realistic virtual football (soccer) experience, created using advanced motion capture techniques and has become a world leading virtual football (soccer) product. The game will be available online and on mobile and tablet.

"I'm delighted to announce this exclusive deal with BetStars," said Steve Rogers, Chief Commercial Officer – Virtual Sports at Inspired.  "The Stars Group is a powerhouse in the online and mobile betting industry.  This agreement gives us the ability to appeal to one of the largest base of players around the world." 

With 15 years of visual effects experience, Inspired's Virtual Sports create a life-like form of simulated sports betting overcoming the relative infrequency of live sporting events on which players can wager.  Virtual Sports appeal to a new player genre, providing fun betting options and more chances to win, with schedules and margins that are fully operator configurable.

Inspired and the Pennsylvania Lottery Introduce Virtual Sports

NEW YORK, Aug. 17, 2018 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (INSE) today announced the launch of Xpress Sports, a new range of Virtual Sports games available through the Pennsylvania State Lottery. The games will be available to play in over 9,000 retail locations throughout the state.

Xpress Sports, as branded by the Pennsylvania Lottery, launched on August 14, 2018, as part of an integration with the Pennsylvania Lottery's central gaming system provided by Scientific Games Corporation (SGMS). Scheduled Virtual Sports events are displayed in a mixture of retail venues and bars and taverns throughout Pennsylvania via two dedicated channels every five minutes throughout the day. The Xpress Football and Xpress Car Racing products have been designed by Inspired specifically for lottery players and the launch includes the first incarnation of Inspired's new football game for US customers which was launched at G2E 2017 to industry acclaim.

Pennsylvania is the first major US lottery to launch Inspired's Virtual Sports, offering players a new way to play and win with ultra-realistic games containing high-quality graphics and animation.

"Following Keno's very strong start, we expect that our Xpress Sports games will also be a big hit with our players," said Pennsylvania Lottery Executive Director Drew Svitko. "These games are part of our continuing mission to modernize our business and generate new funds to benefit older Pennsylvanians."

With 15 years of visual effects experience, Inspired offers a new channel for lotteries unlike any other. These life-like, higher frequency Virtual Sports games appeal to an entirely new player genre and can be deployed in existing retailer locations using existing equipment.

"The Pennsylvania Lottery is known as one of the most technologically innovative and highest performing lotteries in the world," said Brooks Pierce, President and Chief Operating Officer of Inspired. "They work hard to raise the bar year after year and Virtual Sports is one more example of their efforts to find new ways to appeal to their players and increase returns to older Pennsylvanians. We are extremely grateful to partner with them in bringing Virtual Sports to North America."

Inspired extends VLT and Virtual Sports Agreements with OPAP

Builds on Success in Greece with Additional VLTs and Virtual Sports Channel

NEW YORK, Aug. 8, 2018 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (INSE) today announced the extension of its Video Lottery Terminal ("VLT") and Virtual Sports agreements in Greece with OPAP S.A. ("OPAP"), the leading Greek betting and lottery operator. This new multi-year extension includes the commitment to deliver an additional 965 VLTs and an additional Virtual Sports product and channel.


This agreement will allow Inspired to continue to supply its innovative products and games for server based gaming VLTs in Greece. Inspired will also add another 965 VLTs to its previous contracts to supply 7,395 machines, bringing its total allocation to 8,360, with over 5,000 machines now operating as part of OPAP's continued deployment of VLTs into its retail network.

Furthermore, Inspired has extended the term of its Virtual Sports agreement with OPAP. OPAP will also be adding another Virtual Sports channel to launch Football Matchday™. Football Matchday™ is being customized together with OPAP to provide a product specifically for Greek players. Football Matchday™ is being launched before the end of 2018, alongside Rush Football 2™, which has been offered since April 2017.

"We are very pleased to continue our strategic partnership with OPAP," said Lorne Weil, Executive Chairman of Inspired. "We have worked closely with OPAP to deliver the best possible products and we are grateful to be awarded additional machines and Virtual Sports content as recognition. We look forward to extending our success with OPAP."

"We always look to offer our customers the highest quality of innovative gaming products," said Damian Cope, Chief Executive Officer of OPAP. "We seek to cooperate with the industry's leading providers of gaming technology and solutions and we are happy to expand our relationship with Inspired through more VLTs and the launch of a second Virtual Sports channel."

Inspired Launches Virtual Football Matchday Content With Sisal

New York, July 18, 2018 - Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) today
announced the launch of new Virtual Sports content with SISAL in Italy. Inspired Virtual
Football Matchday™ is now live and featured on a dedicated channel across 480 of SISAL’s
Italian retail estates. This launch makes Inspired the sole provider of Virtual Football content
for the leading Italian operator.

Exclusively designed for Italy, Football Matchday™ offers an exciting live league format
with eight fixtures in state-of-the-art graphics. The product also includes a ‘picture in picture’
window showing goals from non-featured matches ensuring that customers can see all the
action. Football Matchday™ will feature alongside a live league table designed to further
enrich the player experience.

“I’m delighted to announce the launch of this new content with our valued Italian partner,
SISAL. Matchday Light™ has consistently been one of our best performing products in Italy
and we’re excited to be bringing it to SISAL venues for their customers to experience,” said
Steve Rogers, Chief Commercial Officer for Digital Games at Inspired. “Inspired remains
committed to the ongoing development of its Virtual Sports business in Italy, and this latest
launch with SISAL will no doubt contribute to its continuing success.”

Inspired Announces Ground-Breaking Virtual Sports Offering With Pennsylvania Lottery And Scientific Games

NEW YORKMay 8, 2018 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (INSE) today announced that its market leading Virtual Sports products will be deployed at retailer locations in Pennsylvania following a ground-breaking technology project with the Pennsylvania Lottery and Scientific Games.

Virtual Sports products will launch as part of an integration with the Pennsylvania Lottery's central gaming system provided by Scientific Games. Initially, Stock Car Racing and the new 1st Down™ Virtual Football will be offered.  Scheduled events will be streamed into a mixture of retail venues and bars and taverns throughout Pennsylvania via two dedicated channels throughout the day. The product offering will be branded Xpress Sports by the Pennsylvania Lottery.

"We are delighted to announce this key milestone for the Pennsylvania Lottery and Virtual Sports fans in the state," said Lorne Weil, Inspired's Executive Chairman.  "Through an integration with the Lottery's gaming system, we're introducing the thrill of Virtual Sports betting for the first time to Pennsylvanians, and we're gratified to have been chosen by the Pennsylvania Lottery to deliver these new gaming entertainment products to its valued players with our high quality Virtual Sports graphics and animation."

"We are proud to be a leader in global Virtual Sports innovation, and we look forward to introducing new market-specific products, including 1st Down™ Virtual Football, to the Pennsylvania Lottery's players.  This announcement signifies an important milestone in Inspired's North American strategy and we look forward to building upon it in the future," said Inspired's President and COO Brooks Pierce.

Inspired Entertainment Announces Management Changes

NEW YORK, May 2, 2018 /PRNewswire/ -- Inspired Entertainment, Inc. (NASDAQ: INSE) ("Inspired" or the "Company") today announced that, effective immediately, the Company has formed the Office of the Executive Chairman, which will consist of Executive Chairman Lorne Weil; President and Chief Operating Officer Brooks Pierce; Executive Vice President and Chief Strategy Officer Daniel Silvers; and Executive Vice President and Chief Financial Officer Stewart Baker. The Office of the Executive Chairman will execute the day-to-day management of the Company.

In connection with the formation of the Office of the Executive Chairman, Brooks Pierce has been named the Company's President and Chief Operating Officer. Mr. Pierce recently joined the Company as Senior Vice President, North America. He has over 25 years of experience in the gaming industry. He joins established Company executives Weil, Silvers and Baker in the new Office of Executive Chairman. Also in connection with the formation of the Office of the Executive Chairman, the Company's CFO, Stewart Baker, has been promoted to the position of Executive Vice President and Chief Financial Officer.

The Company also announced that Luke Alvarez, President and Chief Executive Officer, is departing the Inspired group, under terms being finalized. Executive Chairman Lorne Weil said, "I am grateful to Luke for his leadership of Inspired since its founding and during its rapid growth in its inaugural year and a half as a public company. We will miss him, and we wish him every success". The Inspired Board adds its thanks and best wishes. Mr. Alvarez's previous responsibilities will be divided among the members of the Office of the Executive Chairman.

The Company also pre-announced certain summary unaudited financial results for the Second Quarter of its 2018 fiscal year, which ended March 31, 2018. The Company has not completed its financial closing procedures, and its independent registered public accounting firm has not completed its review of the Company's results of operations for that quarter. Nevertheless, based on the Company's initial assessments, it estimates that its consolidated revenue for that quarter will be approximately $37.5 million, representing an increase of approximately 33.5% over the Company's consolidated revenue for the comparable period in the prior year, and that its consolidated Adjusted EBITDA (as defined below) for that quarter will be approximately $12.4 million, representing an increase of approximately 43.4% over the Company's consolidated Adjusted EBITDA for the comparable period in the prior year and an increase of approximately 26.1% over the Company's consolidated Adjusted EBITDA for the First Quarter of its 2018 fiscal year. These estimates exceed the quarterly results that the Company budgeted for itself in 2017, at the beginning of its 2018 fiscal year.

These estimates are preliminary and the Company's actual results may differ materially from these estimates, including as a result of the completion of the Company's quarter-end financial closing procedures, any adjustments that may result from the review of the Company's consolidated financial statements for the quarter by its independent registered public accounting firm and other developments that may arise between now and the time the consolidated financial results for the quarter are finalized and publicly reported in the Company's Quarterly Report on Form 10-Q. See "Forward-Looking Statements", below. Adjusted EBITDA is a non-GAAP financial measure. For our definition of the measure and its reconciliation to net loss, see "Non-GAAP Financial Measures", below. The Company undertakes no obligation to make future disclosures regarding its performance against internal budgets.

Mr. Weil concluded, "I believe the outlook for the Company is strong and I look forward to continuing to work with the leadership team, the Board and our incredibly talented employees as we execute on our strategic priorities as a best-in-class company and leader in our industry."

Conference Call and Webcast

Inspired management will host a conference call at 9:00 AM U.S. Eastern Time, Wednesday, May 9, 2018, to discuss the Company's full Second Quarter results and general business trends. The dial-in number is 1-877-870-4263 for participants in the United States and 1-412-317-0790 for participants outside the United States. Participants should ask to be joined to the Inspired Entertainment call. A replay of the call will be available one hour after the conclusion of the call and until May 16, 2018 by calling 1-877-344-7529 for listeners in the United States, or 1-412-317-0088 for listeners outside the United States, via replay access code 10120001. A replay of the call will also be available on our website at www.inseinc.com on the Investors/Events and Presentations web page.

Non-GAAP Financial Measures

We use certain non-GAAP financial measures, including EBITDA and Adjusted EBITDA, to analyze our operating performance. We use these financial measures to manage our business on a day-to-day basis. We believe that these measures are commonly used in our industry to measure performance. For these reasons, we believe that our non-GAAP financial measures provide expanded insight into our business, in addition to standard U.S. GAAP financial measures. There are no specific rules or regulations for defining and using non-GAAP financial measures, and as a result the measures we use may not be comparable to measures used by other companies, even if they have similar labels. The presentation of non-GAAP financial information should not be considered in isolation from, or as a substitute for, or superior to, financial information prepared and presented in accordance with U.S. GAAP. You should consider our non-GAAP financial measures in conjunction with our U.S. GAAP financial measures. We define certain of our non-GAAP financial measures as follows:

EBITDA is defined as net loss excluding depreciation and amortization, interest expense, interest income and income tax expense.

Adjusted EBITDA is defined as net loss excluding depreciation and amortization, interest expense, interest income and income tax expense, and other additional exclusions and adjustments. Such additional excluded amounts include stock-based compensation U.S. GAAP charges where the associated liability is expected to be settled in stock, and changes in the value of earnout liabilities and income and expenditure in relation to legacy portions of the business (being those portions where trading no longer occurs) including closed defined benefit pension schemes. Additional adjustments are made for items considered outside the normal course of business, including (1) restructuring costs, which include charges attributable to employee severance, management changes, restructuring and integration (2) merger and acquisition costs and (3) gains or losses not in the ordinary course of business.

We believe Adjusted EBITDA, when considered along with other performance measures, is a particularly useful performance measure, because it focuses on certain operating drivers of the business, including sales growth, operating costs, selling and administrative expense and other operating income and expense. We believe Adjusted EBITDA can provide a more complete understanding of our operating results and the trends to which we are subject, and an enhanced overall understanding of our financial performance and prospects for the future. Adjusted EBITDA is not intended to be a measure of liquidity or cash flows from operations or a measure comparable to net income or loss, because it does not take into account certain aspects of our operating performance (for example, it excludes non-recurring gains and losses which are not deemed to be a normal part of underlying business activities). Our use of Adjusted EBITDA may not be comparable to the use by other companies of similarly termed measures. Management compensates for these limitations by using Adjusted EBITDA as only one of several measures for evaluating our operating performance. In addition, capital expenditures, which affect depreciation and amortization, interest expense, and income tax benefit (expense), are evaluated separately by management.

INSPIRED ENTERTAINMENT, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS

RECONCILIATION OF NON-GAAP FINANCIAL MEASURES

(In thousands)

(Unaudited)

     
   

For the Three-Month Period ended

           
   

Unaudited 
March 31,

 

Unaudited 
March 31,

 

(In thousands)

 

2018

 

2017

 
           

Net loss

 

($498)

 

($9,120)

 
           

Items Relating to Legacy Activities:

         

Pension charges

 

139

 

166

 

Costs relating to former operations

 

-

 

43

 

Litigation Settlement

 

260

 

-

 
           

Items outside the normal course of business:

         

   Costs of group restructure

 

257

 

467

 

Transaction fees

 

228

 

813

 
           

Stock-based compensation expense

 

1,251

 

1,291

 
           

Depreciation and amortization

 

11,120

 

8,004

 

Total other expense, net

 

(437)

 

6,953

 

Income tax

 

83

 

32

 

Adjusted EBITDA

 

$12,402

 

$8,649

 
           

Adjusted EBITDA

 

£8,861

 

£6,981

 
           

Exchange Rate - $ to £

 

1.40

 

1.24

 

Certain totals may vary due to rounding.

INSPIRED ANNOUNCES CONTENT DEAL WITH NOVOMATIC

New York, April 25, 2018 - Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) today announces that it has signed an agreement to supply its games content to Novomatic’s Italian gaming platform.

In an agreement which extends to 2022, Inspired will supply VLT games content to Novomatic’s platform across its Italian retail estate, which totals over 30,000 terminals. Inspired will initially deploy two games which will be accessible from the main menu, with the potential for further titles and exclusives in the future.

‘Inspired is delighted to be partnering with Novomatic in this exciting and strategic deal,’ said Luke Alvarez, President and CEO, Inspired. ‘Novomatic is one of the largest gaming technology companies in the world, and the combination of our award-winning content with Novomatic’s platform will no doubt deliver a unique and compelling customer experience. Italy is an important market for Inspired, and it’s exciting to be offering our content to more customers in partnership with Novomatic,’ he added.

Inspired Announces the Launch of New Virtual Sports Content with Snaitech

New York, April 24, 2018 - Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) today announces that it has released a range of new and upgraded content in retail venues and online with leading Italian operator, SNAITECH.

Mike Tyson Boxing is now available on a mixed Virtual Sports channel across SNAITECH’s Italian retail estate.  In addition, a bespoke lane-based version of Inspired’s Rush Sprints 2 product will be added to SNAITECH’s dedicated racing channel.

SNAITECH have also certified new markets for all races and launched an additional ‘QUAD’ Virtual Sports channel in a selection of retail venues. QUAD enables the scheduling and broadcast of four unique events at any one time within a single screen, allowing a different number of events to start at the same time. Virtual Sports from Inspired now available on SNAITECH’s new QUAD channel include Horses, Dogs, Speedway and 2 Furlong.

‘I’m delighted to announce the launch of this varied portfolio of new and upgraded content with our valued Italian partner, SNAITECH,’ said Steve Rogers, Chief Commercial Officer, Digital Games, Inspired.  ‘Mike Tyson Boxing is one of our most innovative and compelling product launches of recent years, and it’s exciting to be bringing it to the Italian market for the first time with SNAITECH.  Inspired remains dedicated to the ongoing development of its Virtual Sports business in Italy, and I have no doubt that these new products and additional channels will add to its continuing success,’ he added.

Inspired's Omni-Channel Games Launch Online and Mobile in Italy

NEW YORK, April 18, 2018 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) today announces that its Virgo™ Remote Gaming Server and premium omni-channel casino content are now live in Italy with SNAI, and soon to launch with Sisal, Eurobet and Betsson's StarCasino.

SNAI is the first Italian operator to go live with Inspired's Interactive content, including three exclusive Mike Tyson games that are only available to SNAI customers. In celebration of the Tyson product portfolio launch, SNAI is running a number of casino and sports promotions, and the games are already amongst SNAI's top performing online games.

In addition to its market-leading Virtual Sports, Inspired is a leading supplier of SBG VLT systems and content in Italy with Sisal, SNAI, Lottomatica, HBG and other Italian operators. Best-in-class omni-channel content from Inspired, includes Centurion Free Spins, Super Hot Fruits, Rise of Anubis and Atlantis – all of which are already top performing SBG VLT games in Italy.

'I'm delighted to announce this important milestone for Inspired's interactive business,' said Lucy Buckley, Vice President, Interactive, Inspired. 'We are leading the UK and .com Interactive markets with operators such as William Hill, GVC, LadbrokesCoral and Sky, and we look forward to replicating this success in Italy. New markets are key to our growth and we plan to expand our reach to other key European and North American markets during 2018.'

Paolo Scipioni, General Manager Italy, added: 'Inspired is proud to be one of the largest suppliers of omni-channel content in Italy, and the addition of mobile and online players to our customer base is an exciting development. Inspired's broad portfolio of retail VLT games and Virtual Sports has already proven popular with retail customers in Italy, and I'm confident that the availability of these new games online will be welcomed by customers and players alike.'

Inspired Announces Appointment of Brooks Pierce as Senior Vice President, North America

NEW YORK, April 16, 2018 -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) today announced that it has appointed Mr. Brooks H. Pierce as Senior Vice President, North America. Mr. Pierce joins Inspired with over 25 years of experience in the gaming industry.  Most recently, he was Managing Director of Aristocrat Technology’s Americas Group, a $700 million division of that leading gaming supplier. Prior to Aristocrat, he spent several years at Scientific Games as President, North American Gaming and Chief Revenue Officer, WMS Gaming Group.

“I have known Brooks professionally for over 25 years and have worked with him closely for much of that period,” said Inspired Executive Chairman, Lorne Weil.  “He brings a wealth of knowledge and experience that will be invaluable to Inspired as we seek to build upon our successes in the North American market.”

“I’m delighted to welcome Brooks to the Inspired executive team,’ said Luke Alvarez, President and CEO, Inspired.  “Inspired’s Virtual Sports are already licensed and live in New Jersey and Nevada and will be going live with the Michigan Lottery soon. We look forward to announcing new US deals and to the launch of 1st Down Football later in the year.”  Mr. Alvarez concluded, “Brooks will play a key role in making Inspired a leader in the next generation of North American gaming and lottery products, and we welcome him to Inspired.”

Inspired Prediction of Grand National Winner

NEW YORK, April 15, 2018 -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) today celebrates the success of its Virtual Grand National 2018, which saw the predicted winner, Tiger Roll, finish in first place in the live event at Aintree.

Following an exclusive long term partnership with Carm Productions and The Jockey Club, Inspired’s Virtual Grand National 2018 was broadcast for the first time on national television in the UK on Friday evening ahead of the live event on Saturday afternoon.

The virtual race, which was uniquely developed to feature the 40 declared runners and riders from the 2018 Grand National field, used complex data algorithms to eventually predict Tiger Roll as the winner of the 2018 Grand National.

‘Predicting the result of one of the most unpredictable races in the sporting calendar was a challenging proposition, however I’m delighted to say that the strength of the algorithms which we used to create the Virtual Grand National have done exactly that,’ said Steve Rogers, Chief Commercial Officer Digital Games, Inspired, ‘Last year the winner of the Virtual race, Cause of Causes, came second in the live event and this year we have gone one better,’ he added. ‘We have had an incredible response to this project from our customers and the racing community; such is the quality of the animation and graphics which we’re now able to produce, the line between the virtual and reality is ever tightening.   It’s an extremely exciting arena to be working in right now.’

‘The Virtual Grand National 2018’ is now available on the ITVHub.

Inspired Entertainment's Virtual Grand National Live With Boylesports and Ladbrokes Coral

New York, April 10, 2018 - Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) today announces that its Virtual Grand National 2018 and Virtual Grand National Race of Champions products, launched to coincide with the 2018 Grand National race, are now available with BoyleSports and LadbrokesCoral.

BoyleSports and LadbrokesCoral are the first operators to stream Inspired’s Virtual Grand National 2018 race to their customers in advance of the live event at Aintree on Saturday April 14th.  The Virtual Grand National is presented as a dedicated channel of content allowing for a unique virtual racing experience as 40 runners go head to head with all the action of the Grand National. Complex data algorithms allow for unique betting opportunities, larger prizes, and all the thrills and spills of the live race, while HD graphics deliver Inspired’s most realistic and sophisticated Virtual Sports race to date.

In addition, both operators are also streaming Inspired’s Grand National Race of Champions, which features a field of some of the most successful horses to have raced at Aintree over the past century.  Using cutting edge technology and HD graphics, The Grand National Race of Champions brings famous names from the likes of Red Rum, to Many Clouds, to Amberleigh House, together to virtually compete against each other over Aintree’s famous fences.

One in four Britons bet on the Grand National which attracts over 600 million viewers across the world, making it one of the most watched televised sporting events in the calendar.   

A number of complementary Grand National products from Inspired are also available to customers including a Grand National Slot and ‘Scratch ‘n’ Go Grand’ National instant win game.

‘I’m delighted to announce the commercial launch of Inspired’s Virtual Grand National 2018, as the nation begins to anticipate the greatest horse race of the year,’ said Steve Rogers, CCO, Inspired.  ‘This is truly a unique product and it promises to add a compelling experience to our customers’ retail and digital channels in advance of the highest profile horse race in the calendar,’ he added.

‘BoyleSports is delighted to be bringing the Virtual Grand National products to its customers in anticipation of the live event this weekend,’ said Eddie Bennett, MD – Gibraltar, BoyleSports. ‘The realism and quality of graphics in the Virtual races delivers a premium experience, and I have no doubt that customers will be thrilled by the opportunity to watch Red Rum race again,’ he added.

‘The build-up to the Grand National at Aintree this week is well underway and we're delighted to launch this virtual offering which is as close to the fun and action of the real thing as you can get,’ said Craig Perry, Head of Gaming, LadbrokesCoral.  ‘With races every five minutes and the hourly 'Race of Champions', which pits heroes of yesteryear against each other, we're confident this great product will really capture the imagination of racing fans,’ he added. 

Inspired’s Virtual Grand National and Grand National Race of Champions will be broadcast at 8pm BST on Friday 13th April 2018 on ITV4. Highlights will also appear in ITV1’s Grand National coverage on 14th April. View the trailer here

Red Rum to Return to Aintree in Inspired's Grand National Race of Champions

NEW YORK, April 5, 2018 -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) today announced that its Grand National Race of Champions and Virtual Grand National 2018 predictor race will be broadcast on national UK television ahead of the live event at Aintree.

Red Rum, the celebrated three times winner of the Grand National, will once again jump Becher’s Brook, The Canal Turn and the other famous Aintree fences in The Grand National Race of Champions, which will see 40 runners and riders from the past compete with their modern-day contemporaries using the latest CGI 3D technology and software.  ‘Rummie’ will take on last year’s winner, One for Arthur, and compete with Richard Pitman’s Crisp in a TV first which will be screened by ITV4 on the eve of the 2018 race. 

In addition, presenter and Racing expert Nick Luck will bring viewers the Virtual Grand National 2018, which, using the same technology, will see the full field of runners and riders for this year’s race compete hours ahead of the ‘off’.  Both the Virtual Grand National and Grand National Race of Champions will form part of an hour long special previewing the 171st running of the Randox Grand National run over the actual Aintree course. 

‘We used the latest technology and filming techniques to capture the iconic Aintree course in order to deliver the most authentic looking race possible’ said Steve Rogers, Chief Commercial Officer, Digital Games, Inspired Entertainment. ‘The reaction to the 2017 Virtual Grand National was fantastic and we’re delighted to be bringing the Race of Champions, in addition to the 2018 Virtual Grand National predictor race, to screens this year,’ he added.

In 2017 Cause of Causes won the first Virtual Grand National on ITV and performed exactly how the computer predicted, coming from mid-pack towards the end of the race to challenge for victory.

‘The virtual predictor race was incredibly close in 2017’ said Richard Pitman, ‘the technology picked out three of the top six finishers, was accurate about how Cause of Causes would handle the race, and incredibly close on where many others would finish or fall’.  

The programme has been developed by Inspired Entertainment; the world leader in Virtual Sports products, in association with Carm Productions.

The Virtual Grand National and Grand National Race of Champions will be broadcast at 8pm BST on Friday 13th April 2018 on ITV4. Highlights will also appear in ITV1’s Grand National coverage on 14th April. View the trailer here

INSPIRED ANNOUNCES VLT CONTRACT RENEWAL WITH SISAL

NEW YORK, March 21, 2018 -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) today announced that it has reached an agreement whereby it will continue to supply its SBG VLT platform, machines and games content to the Sisal estate in Italy for a further four years.

As part of the agreement, Inspired will supply up to 2,024 SBG VLT terminals to Sisal, provide remote and field services, and continue to deploy circa. six new games from its in-house studio per year.

‘Sisal is a valued and long-established customer of Inspired,’ said Luke Alvarez, President and CEO, Inspired, ‘and I’m delighted to announce that we will continue our business relationship into the future,’ he added. ‘Our Italian VLT business is an incredibly important one, and this agreement is testament to our commitment to its ongoing development,’ he continued.

INSPIRED’S VP INTERACTIVE RECOGNISED IN GAMING INTELLIGENCE’S TOP 50

New York, February 9, 2018 - Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) today announces that its VP Interactive, Lucy Buckley, has been recognized in Gaming Intelligence’s Top 50 executives in the Gaming Industry.

Ms. Buckley joined Inspired in 2010 and has recently been promoted to VP Interactive, a role in which she oversees the business’ mobile and interactive functions. Under Buckley’s leadership, Inspired’s online business has grown to currently supply content to over 300 websites globally.

‘I’m delighted that Lucy has – rightly – been recognised for her contribution to both Inspired and the gaming industry as a whole,’ said Luke Alvarez, president and CEO, Inspired.  ‘Inspired promotes gender equality and it is fantastic to see that Lucy has been acknowledged in GI’s top 50 as a significant player in Gaming.  Never has there been a more pertinent moment for a smart and ambitious female to be acknowledged by the industry – long may it continue,’ he added.

‘I’m incredibly proud to be one of the eight women to be listed in GI’s top 50,’ said Lucy Buckley, VP Interactive, Inspired.  ‘The industry undoubtedly has a long way to go to reach equality but I’m optimistic that change is happening and I’m excited to see what the future holds,’ she added.

Inspired Announces Extended VLT Order With OPAP

New York, February 8, 2018 - Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) today announces that it will supply an additional 1,035 SBG VLTs to OPAP bringing its total number of contracted machines in Greece to 7,395. 

To date, Inspired has supplied 4,570 cabinets to OPAP, with over 3,600 machines now operating as part of OPAP’s continued deployment of SBG VLTs into its retail network.

“This additional VLT order from OPAP further strengthens Inspired’s growing Greek business, which continues to deliver best-in-class Server Based Gaming technology and Virtual Sports to OPAP,” said Luke Alvarez, President and CEO, Inspired.  “I look forward to further building upon the success of our business partnership in the future,” he added.    

INSPIRED ENTERTAINMENT TOUCHES DOWN AT ICE 2018

New York, February 5, 2018 - Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) today announced that it will return to ICE 2018 where it will be showcasing its latest portfolio of Virtual Sports, SBG Slots, SBG Electronic Tables and games and Mobile games at ICE Totally Gaming 2018.

Highlights from Inspired include 1st Down ™ Virtual (American) Football, which features ultra-realistic player simulations and uses the latest animation and motion capture techniques.  1st Down™ has been designed with Inspired’s US customers in mind, and will be released later this year.In addition, Inspired will be showcasing a Virtual Grand National Highlight Race and a range of new Numbers Games featuring live action presenters.  Inspired will be unveiling a pioneering Virtual Sports Self Service product - Bet ‘N Go™, which enables players to place bets on Inspired content in land based casinos, lotteries, and sports betting locations.

The first curved-screen cabinet available to the UK and European Server-based market will be shown on Inspired’s stand. The Flex 4K® boasts a 43” 4K curve touchscreen in striking ultra-high definition, delivering a unique and immersive player experience.  Visitors will be able to choose from over 150 games to play, from the simplest slot to blockbuster multi-bonus games including 2 Fat Cats ‘The Lost Ark’ ™.

In addition, Inspired’s new Electronic Table Game for UK casinos – Sabre Hydra™ - featuring an intuitive user interface and gesture capability and configurable options with different headers will be launched at the show.

Exciting new games, including Inspired’s biggest bonus game of 2018, Chief! ™, will be available to play on giant mobile touch-screens.  Delegates can also look forward to experiencing new additions to the Rush GO! ™ product range, including special ‘World Cup’ variants of Rush Football Live and Rush Football GO!

Furthermore, ‘Scratch ‘N Go – Grand National Race of Champions’ - the first in a new line of hybrid products from Inspired featuring the core elements of scratch card functionality, will be introduced to visitors.  

INSPIRED VIRTUAL SPORTS LIVE WITH VEIKKAUS

New York, February 1, 2018 - Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) today announced that its Virtual Sports are now live in retail venues and online with Finnish National Lottery, Veikkaus.

Seven Virtual Sports products from Inspired including Rush Football 2, Rush Horses, Rush Dogs 2, Trotting, Speedway, Cars and Rush Cycling are now available to Veikkaus customers both online and in over 25 retail venues (including Casino Helsinki, the only casino in Finland).

Owned by The Finnish State, Veikkaus is the Finnish National Lottery and has an exclusive gambling license on Lottery and Casino Games, and Sports and Horse Betting in Finland.Via a public RFP process, Inspired was selected to supply Virtual Sports products to Veikkaus operated locations and on the Veikkaus website.

‘Following the announcement of Inspired’s RFP win with Veikkaus in 2017, I’m delighted that we are now the first Virtual Sports provider to be delivering content to retail venues and online channels in Finland,’ said Steve Rogers, CCO, Digital Games, Inspired.  ‘Inspired’s Virtual Sports products are renowned for their world-class quality and ability to be easily integrated into existing sports betting platforms,’ he added, ‘and we are proud to be the Finnish National Lottery’s preferred partner.’

‘Veikkaus is delighted to be offering Inspired’s market-leading Virtual Sports to its online customers 24/7/365, and across retail channels,’ said Sami Kauhanen, VP Sports, Horses & Table Games, Veikkaus.  ‘We are committed to bringing our customers the most entertaining and engaging betting products available, and we are certainly achieving this with the addition of seven new Virtual Sports from Inspired’s varied portfolio.  We look forward to an exciting and mutually beneficial business relationship,’ he added.

INSPIRED VIRTUAL SPORTS NOW LIVE IN NEW JERSEY WITH FIVE OPERATORS

New York, January 29, 2018 - Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) today announced that its Virtual Sports products are now live with a total of five operators in New Jersey.

Following approval from the New Jersey Division of Gaming Enforcement (DGE) Inspired’s Virtual Sports are now live online with Golden Nugget, Caesars and Resorts – in addition to previously announced go lives with Rush Street Interactive and Betfair.

Inspired’s Virtual Sports launched online in New Jersey in November 2017, making it the first and only supplier of Virtual Sports in the state.  Other partners of Inspired in New Jersey include Bwin Borgata and Pala Interactive, both of which are expected to go live imminently.

“I’m delighted to announce that Inspired’s Virtual Sports are now live with more of our valued partners in New Jersey,” said Inspired’s Vice President of Interactive, Lucy Buckley. “Inspired’s experience in adapting its offering to suit specific territories means that we have the expertise to leverage the huge potential we see for Virtual Sports in New Jersey,” she added.  “2018 will see the launch of new products from Inspired including 1st Down Virtual Football which is specifically targeted to US consumers.”

Inspired’s Virtual Sports products have been proven to drive incremental revenues for customers globally, and are currently live through more than 40,000 retail channels and on over 100 websites worldwide.

INSPIRED ANNOUNCES PARTNERSHIP WITH SPORTIUM

New York, January 25, 2018 - Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) today announces that it has signed an agreement to supply its Virtual Sports products to the Ladbrokes/Cirsa joint entity - Sportium, via its affiliated retail venues in Panama.

Premium products from Inspired, including Rush Football 2, Rush Football Matchday, Rush Horses and Rush Dogs will soon be available to Sportium customers across venues in Panama.  Inspired’s latest Virtual Sports portfolio will be delivered on to screens in retail locations across Panama with bets being placed via the BGT Self Service and Cashier platforms through a single integration.

“This is an exciting announcement for Inspired’s Virtual Sports business,” said Steve Rogers, CCO, Digital Games.  “Our partnership with Sportium will enable us to deliver more of our premium content into new territories – potentially on a very significant scale.  Our partnership with Ladbrokes in the UK/IRE and Belgium is long established, and we are delighted to now further that relationship with this deployment.  Inspired has a global reputation for delivering Entertainment with an Edge, and we can’t wait to share our products with more players globally,” he added.

Inspired Announces Key Market Updates

NEW YORK, Jan. 16, 2018 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) today announced key US and European growth developments in its online and mobile business, along with Greek SBG business gains.

Additional Greek SBG VLT Supply Contracted 

Inspired has been contracted to supply an additional 1,000 SBG VLTs into the Greek market, bringing its total number of contracted machines in Greece to 6,360. 

Live in New Jersey 
Inspired's Virtual Sports are now live with 3 regulated online gaming operators in New Jersey, with 2 more expected to go live imminently.  Inspired is the only regulated provider of online Virtual Sports betting products in New Jersey.

Mobile and Online Momentum 
Inspired's world-class Virtual Sports, Slots, and Table Games are now available online and on mobile with new operators including Betfair, Grosvenor Casino (part of the Rank Group), Bwin, Sportingbet, VideoSlots, and a variety of Betsson brands. 

Inspired's Virtual Sports and slots games are now live on over 300 online and mobile sites worldwide.

New Content from Inspired's Games Studio  
New and unique content from Inspired's studios, including Irish Fortune™, Ninja Monkey™, Chief™ and Big 500 Roulette™ slots products, are now live exclusively with William Hill Online.  

ICE 2018 Showcase 
Inspired will be showcasing its latest products and content on stand S2-310 at the ICE 2018 expo in London next month.  Highlights include new 1st Down™ Football, a pioneering new (American) football game, and Bet 'N Go™, a fully hosted Virtual Sports Self-Service Betting solution.

The Flex 4K™, Inspired's new curved screen SBG VLT cabinet, will be available for demo, along with a next generation Electronic Table, Sabre Hydra™, showing the future of casino roulette.  Inspired will also showcase a new Virtual Sports ETG, developed in partnership with LT Game Macau, which will be launching in Asia early in 2018.   

Visitors to ICE 2018 are invited to book appointments with sales@inseinc.com to learn more about the revenue-driving potential of Virtual Sports, and to enjoy the immersive gaming experience of Flex 4K™; the UK's only curved screen SBG VLT."The momentum in both our Virtual Sports and our SBG businesses is continuing strongly into 2018," said Luke Alvarez, President and CEO, Inspired. "Our mobile games are now live with more customers in more territories than ever before; we are launched in New Jersey with Virtuals, and our new Greek SBG VLT business continues to win volume.  We look forward to welcoming delegates to our stand at ICE this year and demonstrating our Entertainment with an Edge," he added.

INSPIRED WINS SBC’S VIRTUAL SPORTS PRODUCT OF THE YEAR

New York, December 6, 2017 - Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) today announces that it has won SBC Magazine’s coveted Virtual Sports Product of the Year Award.

‘This award is an exciting and significant one for our Virtual Sports business,’ said Steve Rogers, CCO, Digital Games, Inspired.  ‘Inspired prides itself on being the world-leader in Virtual Sports, and winning major industry awards this year with both SBC and EGR only endorses this fact.  2017 has seen the launch of several new and innovative products from Inspired with both existing and new customers in established and new territories. From the recent launch with Goldbet in Italy, to being the only supplier live online in New Jersey, to launching additional channels with BetFred in the UK, we’re continuing to grow our global footprint and excite customers with incredible new content.  We look forward to delivering more compelling Entertainment with an Edge in 2018 with the launch of our new American Football product, 1st Down, Virtual Basketball, special “World Cup” versions of our market leading Rush 2 Football, Matchday and Rush Go products, and the Virtual Grand National 2018, to name but a few,’ he added.

Inspired Announces Strong Momentum In European Virtual Sports Business

NEW YORK, Nov. 29, 2017 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) today announces key contracts and deployments in its UK and European Virtuals business.

Live in Italy with Goldbet 
Inspired's Virtual Sports are now live in circa. 1,000 GoldBet retail venues in Italy. One dedicated broadcast channel will show a mixed schedule of trotting and horse races from Inspired, while a second channel showing Inspired's Platinum Football will be launched in early 2018.

Greek Virtual Football Success 
Inspired's premium Rush Football 2® Virtual Sports product, already live over the counter in over 4,000 OPAP lottery venues, has now launched on Self Service Betting Terminals in 500 OPAP venues, rising to 800 by the end of the 2017.

Betfred Retail Virtuals Agreement Extended 
Following Betfred's recent 5 year SBG contract extension and award of over 1,000 additional SBG terminals, previously operated by a competing supplier to Inspired, the UK's largest independent bookmaker has also extended its existing Virtual Sports agreement with Inspired, which will involve the supply of two new channels of Virtual Sports content to its betting shop estate.  Enhanced new Horses (2 furlong race) and Greyhounds (Rush Dogs 2™) products, along with traditional Horses, Dogs, and Bingo are now available to Betfred customers, with a race from Inspired being delivered every minute via Inspired's in-venue viewer technology.

William Hill Upgrade 
Inspired has upgraded its suite of Virtual Sports offerings across William Hill's retail estate. The upgrade also sees the introduction of new premium products including Rush Sprints 2™ and Rush Dogs 2™.

Upgraded Virtual Horses from Inspired Available with 49's 
49's Limited (owned by a consortium of leading UK operators) has launched newly upgraded virtual horse racing products from Inspired including all new Portman Park, Steepledowns, and Sprint Valley tracks, which have been ever present in all UK LBO's since 2001.

Paddy Power to Exclusively Launch New Virtual Cricket Product 
Paddy Power will exclusively launch a new Virtual Cricket product from Inspired to over 50 retail venues in December 2017.  The launch will coincide with the 2017/18 Ashes series and become the fulcrum of the Paddy Power dedicated mixed Virtual Sports channel.

New Market Success in Romania 
Inspired's agreement to supply Virtual Sports products to Romanian operator Superbet on both retail and digital channels has been extended to 2020.  Inspired's premium Rush Football 2® is now live with BetArena (part of the SuperBet group) in 40 retail locations, rising to 200 in the near future.

Inspired's Virtual Football Matchday™ Live in Italy with Eurobet 
Inspired's latest Virtual Sports products have launched in Eurobet retail venues with one channel dedicated to Inspired's market-leading Matchday™ and Platinum Football products.

SBC Awards Shortlisting 
Inspired has been shortlisted for 3 prestigious SBC Awards, the results of which will announced on December 5th 2017.  Shortlistings include Inspired's Virtual Grand National for Best Virtual Sports Product, Matchday™ Italy for Best Virtual Football Product, and Rush Horses Go!™ for Best Sports Themed Slot/Game.

'We're seeing fantastic momentum in our European Virtual Sports business, as more operators extend existing contracts and new customers become aware of the revenue driving potential of these ultra realistic, accessible entertainment products,' said Steve Rogers, Chief Commercial Officer, Digital Games, Inspired.  'Our portfolio of games is constantly growing as we upgrade existing popular sports, develop new variants to suit specific markets, and add new sports into the mix following our continued market research programme.  We pride ourselves on being the top supplier of Virtual Sports in the industry, with our products live in over 40,000 venues.  These recent successes in both the UK and across Europe are testament to that fact,' he added.

Inspired Received Final New Jersey Approvals - Virtual Sports Now Available For Mobile & Online Betting

NEW YORKNov. 27, 2017 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) today announced that its Virtual Sports products have received approval from the New Jersey Division of Gaming Enforcement (DGE) and are now the first and only Virtual Sports products available in the State.







"We are extremely pleased with this key milestone for our business" said Inspired President and Chief Executive Officer Luke Alvarez. "We launched in Nevada late in 2016; we signed our first US lottery contract for Virtual Sports early in 2017; and in October at G2E we announced our new 1st Down Football product, which we expect to launch in 2018. Going live in New Jersey is a major next step in the expansion of our business into North America."

"We are thrilled to have achieved this important step in our North American strategy," said Inspired Executive Chairman Lorne Weil.  Mr. Weil continued, "New Jersey will serve as an important showcase for our Virtual Sports products, as additional states seek to bring this exciting offering to market."

"Virtual Sports betting is now available in New Jersey – online – and we're delighted to be the first (and only) player in the industry to offer this in North America," said Lucy Buckley, Inspired's Vice President of Interactive.  Ms. Buckley continued, "Our premium products have demonstrated an ability to drive incremental revenues for our customers globally, and we believe the launch of Virtual Sports will have an even greater impact in a market that does not offer wagering products for sports fans."  Ms. Buckley concluded, "Based on over a decade of experience, we are confident that Virtual Sports will appeal to both current casino players and a new audience that are not currently customers of New Jersey's casinos.  Furthermore, we believe Virtual Sports will be an essential acquisition tool and companion products for the potential addition of live sports betting in New Jersey and beyond."

Five of Inspired's award-winning Virtual Sports including Horses, Greyhounds, Soccer, Motor Racing and Speedway (Motorcycles) are now available for online and mobile distribution in New Jersey, with more sports expected to become available in 2018. Inspired's partners in New Jersey include Caesars, Resorts, Golden Nugget, Rush Street, Bwin Borgata, Betfair, and Pala Interactive.

About Inspired Entertainment, Inc.
Inspired is a global games technology company, supplying Virtual Sports, Mobile Gaming and Server Based gaming systems with associated terminals and digital content to regulated lottery, betting and gaming operators around the world. Inspired currently operates more than 32,000 digital gaming terminals and supplies its Virtual Sports products in more than 35,000 venues and on over 100 websites in 30 countries. Inspired employs over 800 employees in the UK and elsewhere, developing and operating digital games and networks.

Additional information can be found at www.inseinc.com.

INSPIRED ANNOUNCES EXTENDED VLT ORDER WITH OPAP

New York, November 15, 2017 - Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) today announces that it will supply an additional 1,400 VLTs to OPAP in Q1 2018.

To date, Inspired has supplied 3,960 cabinets to OPAP, with over 2,200 machines now operating as part of OPAP’s continued deployment of VLTs into its retail network.  The additional 1,400 cabinets will bring the total number of Inspired machines in OPAP’s network to 5,360.

‘I’m delighted that Inspired will be extending its partnership with OPAP as we supply more VLTs into the Greek market,’ said Luke Alvarez, President and CEO of Inspired. Mr. Alvarez continued, ‘the extension to our existing agreement is testament to the performance of both Inspired’s hardware and content, and I look forward to continuing to deliver best-in class products to OPAP, and to the continued success of our business relationship.’  

‘As the exclusive operator of VLTs in Greece, OPAP always seeks to cooperate with the industry’s leading providers of modern gaming technology and solutions,’ said Damian Cope, OPAP CEO.  Mr. Cope added, ‘We are driven to offer our customers the highest quality of innovative gaming products and pleased to be extending our existing cooperation together.’

INSPIRED ANNOUNCES STRATEGIC PARTNERSHIP WITH NOVOMATIC TO ENHANCE GREEK OFFERING THROUGH OPAP

New York, November 15, 2017 - Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) today announces a strategic partnership with Novomatic.

In the first ever agreement of its kind, Inspired announces that it is collaborating with Novomatic, one of the largest gaming technology companies in the world, to carry Novomatic’s content on Inspired’s platform to deliver a market-specific product combination to the leading Greek betting and lottery operator, OPAP.

Novomatic games, including Book of Ra Deluxe, Dolphin's Pearl Deluxe, Sizzling Hot Deluxe, Lucky Lady's Charm Deluxe, are now live in Greece via Inspired’s Core Connect platform, with Roaring Forties soon to become available. All games have been certified by the Hellenic Gaming Commission for deployment to Inspired VLTs in OPAP venues across Greece.

‘I’m delighted to announce Inspired’s strategic partnership with Novomatic,’ said Luke Alvarez, President and CEO of Inspired.  Mr. Alvarez continued, ‘This is the first agreement of its kind which combines content and platform providers to deliver a premium customer experience. Inspired’s performance to date in Greece exemplifies our business’ ability to deliver globally, and we anticipate that the addition of this premium Novomatic content onto the Inspired platform will only add to this success.’

‘Novomatic is excited to be a part of this landmark deal, which will deliver a unique and compelling product combination to the Greek market,’ said Thomas Graf, Novomatic. ‘We look forward to further expanding our portfolio of available games with Inspired and to a successful business relationship with Inspired and OPAP,’ he added.

‘In line with OPAP’s strategic priority of building a world class portfolio of products and services, we are delighted to be delivering new premium content from Novomatic to our VLT customers via Inspired’s open platform technology,’ said Damian Cope, OPAP CEO.  Mr. Cope added, ‘we look forward to adding even more content in the future in order to be able to offer our customers in Greece a wide range of entertaining gaming content.’

INSPIRED’S FOOTBALL MATCHDAY NOW LIVE IN ITALY WITH EUROBET

New York, November 14, 2017 - Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) today announces that its premium Football Matchday product is now live in Italy with Eurobet.

Inspired’s Virtual Sports will feature on dedicated channels in Eurobet retail venues with one channel solely showing to Football Matchday and Platinum Football.  New Virtual Sports products from Inspired will be promoted by Eurobet through new bonus offers and system bets.

Specifically designed for the Italian market, Football Matchday offers an exciting and unique league concept to players. Featuring eight matches in ultra-realistic HD graphics, all games can be followed and bet on simultaneously.  In addition to the main screen action, Football Matchday includes a ‘picture in picture’ window showing goals from non-feature matches, ensuring that players don’t miss any action.

‘I’m delighted to announce that Inspired’s premium Matchday product is now live with Eurobet,’ said Paolo Scipioni, General Manager Italy, Inspired.  ‘Eurobet’s dedicated promotion of Inspired’s product range is testament to the growing popularity of Virtual Sports in Italy, and I have no doubt that new Football Matchday will only add to this success - placing accumulator bets and following live score updates has never been so entertaining and easy,’ he added.

Inspired Announces Key Market Update

New York, October 2nd, 2017 - Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) today announces key product launches, deployments, and market updates.

Major Product Launches at G2E 2017

Inspired will return to G2E 2017 at booth #4130, where it will showcase its premium Virtual Sports products, including new 1st Down virtual American football, developed specifically for the US market. Inspired 1st down features the latest motion capture techniques and 3D animation and will launch in 2018.

Inspired will also debut its new curved screen cabinet at G2E, featuring an ultra High Definition touch screen and 4K technology.  The cabinet will be the first ever 43” curved screen cabinet to become available in the UK B2/B3 market, launching Fall 2017.

 

Betfred Contract Renewal and Extension

Inspired has both renewed and extended its B2 B3 VLT contract with the UK’s largest independent bookmaker, Betfred.

Inspired and Betfred’s existing B2 B3 VLT contract will be renewed for a further 5 years, with shops acquired from Ladbrokes Coral now added.

 

New Virtuals Content Live with BetFred

New Virtual Sports content from Inspired, including second and third channels of Rush Horses and Rush Greyhounds, is now live in venues across the Betfred retail estate. Inspired is currently delivering a brand new virtual race every minute on over 50% of Betfred venue screens and expects to be live in circa. 1,700 venues by the end of 2017.

 

Virtual Sports to go Live in Over 200 BoyleSports Venues

Premium Virtual Sports and Numbers Games from Inspired will become available in over 200 Boylesports venues in the Republic of Ireland in FY18.

Rush Football 2 Live with Bet365

3 streams of Inspired’s premium football product, Rush Football 2 are now live with online operator, Bet365.

 

Virtual Sports Live With Betway via Microgaming Sportsbook

Inspired’s premium Virtual Sports content is now available to Betway customers following an integration with Microgaming’s sportbook.  Premium Virtual Sports products from Inspired including Rush Horses, Football, Greyhounds, and Trotting are now available to Betway customers in the UK and Sweden. Inspired’s award winning content is now available to all Microgaming customers.

 

Mobile Success

Inspired’s Mobile and online business reports growing numbers of customers live with its premium slots content via its Virgo RGS including Gala Coral, Betfred, William Hill, Mr. Green, Bet 365, Leovegas, SkyBingo and MyBet.

Premium content from Inspired now available on mobile and online includes recently launched 2 Fat Cats, Leaders of the Freespins World, Centurion, Super Hot Fruits, Henry VIII, Atlantis, Rush BingGo!, Rush Dogs Go! among others.

Inspired Shortlisted for EGR Game of the Year Award 

Inspired’s ‘Centurion Freespins’ has been shortlisted for the EGR Game of the Year Award. The winner will be announced in October 2017.

Inspired’s Nick Weil Named in Global Gaming Business’ 40 Under 40

In recognition of his work in introducing Inspired’s Virtual Sports products to American lotteries, Weil will be named in GGB’s 40 under 40 at anEmerging Leaders Reception during G2E 2017.

Inspired Entertainment, Inc. Added To The Russell® 2000, Russell® 3000, And Russell Microcap® Indexes

NEW YORK, June 26, 2017 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (INSE) announced today that it has been added to the list of public companies that comprise the Russell 2000® Index, the Russell 3000® Index, and the Russell Microcap® Index. Inspired's inclusion became effective upon the close of trading on Friday, June 23, 2017, following Russell Investments' annual reconstitution of their index lists. The Russell 2000® Index, a listing of the 1,001st through 3,000th largest U.S. public companies ranked by market capitalization, is a widely-used measure of the performance of the small-cap segment of the U.S. equity markets. The Russell 3000® Index, a listing of the 3,000 largest U.S. public companies ranked by market capitalization, is a widely-used measure of the performance of the overall U.S. equity markets. The Russell Microcap® Index, a listing of the smallest 1,000 companies in the Russell 2000® ranked by market capitalization, plus 1,000 smaller US-based listed stocks, is a widely-used measure of the performance of the smallest tradable securities listed on US stock exchanges.

"We are delighted to be included in this year's Russell 2000, 3000, and Microcap Indexes," said Lorne Weil, Executive Chairman. "We expect that being part of the Russell Indexes will serve to further elevate and broaden our company's profile among those investors who utilize the Russell Indexes in making their investment decisions," added Mr. Weil.

Inspired Entertainment, Inc. Presents at the 2017 Marcum MicroCap Conference

NEW YORK, June 15, 2017 (GLOBE NEWSWIRE) -- Inspired Entertainment, Inc. ("Inspired") (INSE), is presenting to investors at the 2017 Marcum MicroCap Conference today, June 15. The Marcum conference is a highlight on the annual investment community calendar in New York City.

“We are pleased to have the opportunity to introduce the compelling Inspired story to the investor community. In addition to our award-winning gaming content and cutting edge Virtual Sports products, our server-based gaming technology and mobile products position us to take advantage of the larger industry trends towards distributed gaming,” said Luke Alvarez, Chief Executive Officer and President.

Lorne Weil, Executive Chairman, added, “We are confident that when investors become familiar with our technology and products, they will share our optimism for our future growth.”

The Marcum MicroCap Conference (www.marcummicrocap.com) is a nationally recognized forum for publicly traded companies with less than $500 million in market capitalization to network with fund managers and high net worth investors who focus on small cap equities. More than 2000 investors and other participants from every segment of the microcap marketplace attend each year, including venture and lower middle-market private equity investors, institutional investors, directors, investment bankers, and buy- and sell-side analysts, as well as senior executive teams from presenting companies and service providers to the microcap marketplace.

The conference is presented by Marcum LLP, a top national accounting and advisory firm registered with the Public Company Accounting Oversight Board (PCAOB). Marcum's Assurance Division provides the most up-to-date service and guidance on SEC accounting and reporting issues. Services include Financial Statement Audits in accordance with PCAOB standards; Tax Compliance and Advisory Services; Due Diligence; Agreed-Upon Procedures and Other Attest Work; Internal Audit Services; Sarbanes-Oxley Section 404 Compliance Services and Software; Technical Accounting Assistance; and IPO Assistance. For more information, visit www.marcumllp.com.