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Inspired Reports Second Quarter 2025 Results
Globenewswire· 2025-08-06 11:30
Core Insights - Inspired Entertainment, Inc. reported strong financial results for the quarter ended June 30, 2025, with total revenue of $80.3 million, representing a 7% increase year-over-year, primarily driven by record Interactive revenue growth of 45% [8][10][9] Financial Performance - Total revenue for the quarter was $80.3 million, up from $74.8 million in the prior year, with Interactive revenue increasing to $13.6 million from $9.4 million [10][8] - Adjusted EBITDA reached $28.4 million, a 15% increase from $24.7 million in the previous year, with Interactive Adjusted EBITDA growing by 49% year-over-year [8][10] - The company reported a net loss of $7.8 million, compared to a net income of $1.4 million in the same quarter last year [10][8] Segment Performance - The Interactive segment was a key growth driver, with revenue increasing by 45% year-over-year, supported by strong performance in North America and the UK [2][9] - Gaming segment Adjusted EBITDA increased by 35% year-over-year, driven by the successful rollout of Vantage cabinets with William Hill [3][10] - Virtual Sports segment saw sequential growth in revenue and Adjusted EBITDA, with localized content in Brazil showing early promise [4][10] Strategic Developments - The company secured a five-year partnership with Jenningsbet to supply approximately 570 Vantage terminals, enhancing its market presence [8][13] - A comprehensive debt refinancing was completed, issuing £270 million in senior secured notes and securing a new £17.8 million revolving credit facility [8][9] Operational Highlights - The Interactive segment's Adjusted EBITDA margin expanded to 67%, reflecting the scalability of digital operations [2][10] - The Leisure segment performed steadily, with year-to-date revenue up 5% and Adjusted EBITDA up 19% compared to the same period last year [5][10]
Inspired Entertainment Names Aimee Remey as Vice President of Investor Relations
GlobeNewswire News Room· 2025-08-05 20:30
Core Insights - Inspired Entertainment, Inc. has appointed Aimee Remey as Vice President of Investor Relations to enhance engagement with the investment community and support business growth [1][2][3] Group 1: Company Overview - Inspired Entertainment is a leading B2B provider of gaming content, technology, hardware, and services, operating in approximately 35 jurisdictions worldwide [4] - The company supplies gaming systems and associated terminals for around 50,000 gaming machines and offers virtual sports products through over 32,000 retail venues [4] - Inspired's portfolio includes digital games for more than 170 websites and amusement entertainment solutions with over 16,000 installed terminals [4] Group 2: Leadership and Strategy - Aimee Remey brings over two decades of experience in the gaming industry and previously served as Vice President of US Investor Relations at Entain Group [2][3] - Remey's appointment is part of Inspired's strategy to scale its business and deepen relationships with the financial community [3] - The leadership team, including President and CEO Brooks Pierce, expresses confidence in Remey's qualifications and her understanding of the company's strategy [3]
Inspired Entertainment Secures Major Five-Year Supply Agreement with Jenningsbet to Supply Market-Leading Vantage Terminals
Globenewswire· 2025-08-05 12:30
Core Insights - Inspired Entertainment, Inc. has secured a significant five-year partnership with Jenningsbet, the largest independent retail bookmaker in the UK, to supply its Vantage terminals to approximately 144 shops, totaling around 570 terminals [1][2] Company Overview - Inspired Entertainment is a leading B2B provider of gaming content, technology, hardware, and services, operating in approximately 35 jurisdictions worldwide [3] - The company supplies gaming systems and associated terminals for around 50,000 gaming machines and offers virtual sports products through more than 32,000 retail venues [3] Partnership Details - The rollout of the Vantage terminals is scheduled to commence in Q4 2025, highlighting the company's commitment to providing top-tier gaming solutions [1][2] - Both companies expressed excitement about the partnership, emphasizing the alignment with their goals of enhancing customer experience and industry leadership [2]
Inspired Entertainment: Risk/Reward Very Appealing With This B2B IGaming Stock
Seeking Alpha· 2025-07-28 18:13
Group 1 - Inspired Entertainment (NASDAQ: INSE) operates in the business-to-business (B2B) segment of the casino gaming industry, providing gaming machines, technology, and related services to both online and land-based casino operators [1] - INSE stock may represent a notable investment opportunity among various companies in the gaming machine sector [1]
William Hill and Inspired Extend Long-Term Partnership with Enhanced Virtual Sports Experience Through Expanded Retail Rollout
Globenewswire· 2025-07-17 12:30
Core Insights - Inspired Entertainment, Inc. has expanded its long-term partnership with William Hill, enhancing their collaboration in the UK retail betting market [1][5] - The contract extension includes a comprehensive upgrade to William Hill's Virtual Sports offerings, integrating new and upgraded events into their broadcast networks [2][4] - Approximately 300 new Virtual Sports events will be added daily, increasing entertainment and betting opportunities for retail customers [3] Company Overview - Inspired is a leading B2B provider of gaming content, technology, hardware, and services, operating in around 35 jurisdictions worldwide [6] - The company supplies gaming systems and associated terminals for approximately 50,000 gaming machines and virtual sports products through over 32,000 retail venues [6]
Inspired to Report Second Quarter 2025 Results and Hold Conference Call on August 6
Globenewswire· 2025-07-16 12:30
Group 1 - Inspired Entertainment, Inc. will report its financial results for the second quarter ended June 30, 2025, on August 6, 2025, before market opens [1] - The management will host a conference call and webcast at 8:30 a.m. ET to discuss the results and business trends [1] - The company provides a wide range of gaming content, technology, hardware, and services for regulated gaming and betting operators globally [4] Group 2 - Inspired operates in approximately 35 jurisdictions worldwide, supplying gaming systems for around 50,000 gaming machines [4] - The company offers virtual sports products through more than 32,000 retail venues and various online platforms [4] - Inspired has a total installed base of over 16,000 terminals for amusement entertainment solutions [4]
Inspired Launches Virtual Sports With BetMGM in Brazil via Kambi’s Engage Platform
Globenewswire· 2025-07-02 12:30
Core Insights - Inspired Entertainment, Inc. has launched its Virtual Sports products with BetMGM in Brazil, marking a significant step in its expansion in Latin America [1][3] - The initial offering includes V-Play Football (Brazil), a game specifically designed for the Brazilian market, enhancing the local betting experience [2][4] - This launch is part of BetMGM's broader international expansion strategy, supported by Kambi's technology to ensure a high-performance betting experience [3][4] Company Overview - Inspired Entertainment provides a diverse portfolio of gaming content, technology, hardware, and services for regulated gaming operators globally, operating in approximately 35 jurisdictions [5] - The company supplies gaming systems for around 50,000 gaming machines and offers Virtual Sports products through over 32,000 retail venues [5] - Inspired's products cater to a wide range of players, creating new revenue opportunities for operators [5] Partnership Dynamics - The collaboration with BetMGM and Kambi aims to deliver localized, high-quality gaming experiences, particularly focusing on the passion for football in Brazil [4] - Kambi enhances its offerings through this partnership, integrating Inspired's Virtual Sports portfolio into its Kambi Engage platform [4][8] - BetMGM emphasizes its commitment to innovative and personalized experiences that resonate with Brazilian culture and sports enthusiasm [4]
Inspired Entertainment and BetMGM Launch Hybrid Dealer® Roulette 4-Ball Extra Bet
Globenewswire· 2025-06-18 12:30
Core Insights - Inspired Entertainment, Inc. has launched the first US deployment of the Hybrid Dealer Roulette 4-Ball Extra Bet game in partnership with BetMGM under a three-month exclusive agreement [1][8] - The game features innovative 4-Ball Extra Bets, allowing players to place side bets with potential payouts reaching up to 500/1, enhancing the traditional roulette experience [2][3] Company Overview - Inspired Entertainment is a leading provider of B2B gaming content, systems, and solutions, operating in approximately 35 jurisdictions worldwide and supplying gaming systems for around 50,000 gaming machines [9] - The company offers a diverse portfolio that includes gaming, Virtual Sports, interactive products, and amusement entertainment solutions [9] Product Features - The Hybrid Dealer Roulette 4-Ball Extra Bet is part of the Hybrid Dealer portfolio, which combines original game design with patented technology to create a unique gaming experience [2][4] - This game introduces an inner wheel with four additional balls, allowing for new wagering options and enhancing player engagement through features like hot and cold numbers [3][6] Technological Innovation - The Hybrid Dealer platform is recognized for replicating the excitement of a live casino while providing operational advantages, featuring stunning Virtual CGI visuals and pre-recorded hosts [5][4] - The technology ensures ultra-realistic action and smooth visual transitions, creating an engaging environment that fosters social interaction among players [6][7] Market Impact - The introduction of Hybrid Dealer Roulette 4-Ball Extra Bet is expected to set a new standard in digital roulette gaming, combining innovation, realism, and social interaction [7] - BetMGM views this partnership as a significant milestone in enhancing their online casino offerings, aiming to deliver innovative gaming experiences to players [8]
Inspired Entertainment Launches First Branded Hybrid Dealer Roulette Game in Canada with Loto-Québec
Globenewswire· 2025-06-17 12:30
Core Insights - Inspired Entertainment, Inc. has launched the first branded Hybrid Dealer Roulette game in Canada in collaboration with Loto-Québec, enhancing the online gaming experience for players in the province [1][2][4] - The Hybrid Dealer Roulette game features advanced virtual CGI graphics, pre-recorded hosts, and multiplayer capabilities, creating an engaging online casino atmosphere [2][3] - This launch signifies Inspired's leadership in developing proprietary gaming experiences that integrate technology, entertainment, and social interaction, setting a new standard for online casino offerings in Canada [4] Company Overview - Inspired Entertainment provides a diverse portfolio of gaming content, technology, hardware, and services for regulated gaming, betting, lottery, and leisure operators globally [5] - The company operates in approximately 35 jurisdictions, supplying gaming systems for around 50,000 gaming machines and virtual sports products through over 32,000 retail venues [5] - Inspired's digital games are available on more than 170 websites, and the company has a total installed base of over 16,000 terminals for amusement entertainment solutions [5]
Inspired Announces Private Placement of £270 Million Senior Secured Notes and New £17.8 Million Credit Facility
Globenewswire· 2025-06-09 20:15
Core Viewpoint - Inspired Entertainment, Inc. has successfully completed a private placement of £270 million in senior secured notes due 2030 and established a new £17.8 million revolving credit facility, aimed at refinancing existing debt and supporting general corporate purposes [1][3]. Financing Details - The 2030 Senior Secured Notes will have a floating interest rate linked to SONIA, with a margin of 550 to 600 basis points, maturing on June 9, 2030 [2]. - The new Revolving Credit Facility will also have a floating interest rate based on SONIA, with a margin of 325 to 375 basis points, maturing on December 9, 2029 [2]. Use of Proceeds - Proceeds from the 2030 Senior Secured Notes will be used to redeem existing £235 million senior secured notes due June 1, 2026, repay £15 million in loans from the previous revolving credit facility, cover refinancing fees, and for general corporate purposes [3]. Company Overview - Inspired Entertainment, Inc. provides a diverse portfolio of gaming content, technology, hardware, and services across various regulated markets, operating in approximately 35 jurisdictions worldwide [6]. - The company supports around 50,000 gaming machines and offers virtual sports products through over 32,000 retail venues, along with interactive games for more than 170 websites [6].