Core Insights - Inspired Entertainment, Inc. has launched three new Virtual Sports titles: V-Play NHL, NBA Re-Play, and Re-Play eSports, available through bet365, enhancing their B2B gaming content offerings [1][5][6] Product Details - V-Play NHL is an officially licensed product that simulates professional hockey with real NHL teams and logos, featuring broadcast-quality graphics and dynamic gameplay [2][5] - NBA Re-Play utilizes iconic archive footage and advanced rendering technology to recreate memorable basketball moments, offering innovative betting formats and cinematic presentation [3][5] - Re-Play eSports provides fast-paced virtual gameplay for Counter-Strike: Global Offensive (CS:GO), using official tournament archive footage and data from the Champion of Champions Tour [4][5] Strategic Partnership - The launch of these products signifies an expansion of the partnership between Inspired and bet365, emphasizing their commitment to innovation and player-first entertainment [6][5] Market Position - Inspired operates in approximately 35 jurisdictions worldwide, supplying gaming systems and content for around 50,000 gaming machines and virtual sports products through over 32,000 retail venues [8]

Core Insights - Inspired Entertainment, Inc. has launched V-Play Football Brazil in partnership with EstrelaBet, enhancing its presence in the Brazilian gaming market [1][2][3] - The product is designed to resonate with Brazilian football culture, offering high-frequency, ultra-realistic match simulations for a dynamic betting experience [2][4] - The integration is facilitated by Altenar, a sportsbook platform provider, showcasing a collaboration that combines technology and local market insights [3][5] Company Overview - Inspired Entertainment is a leading B2B provider of gaming content, technology, hardware, and services, operating in approximately 35 jurisdictions worldwide [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 portfolio includes digital games for more than 170 websites and various amusement entertainment solutions [5] EstrelaBet Overview - EstrelaBet is recognized as a leading Brazilian gamingtech company, operating under a definitive license in the national iGaming market [7][8] - The company has received multiple awards, including "Best Sports Betting Operator in Brazil" and "Best Responsible Gambling Initiative" [7][10] - EstrelaBet emphasizes innovation, responsible gaming, and community engagement, partnering with FUMEC University to develop initiatives for problem gambling prevention [8][9]

Financial Data and Key Metrics Changes - EBITDA for Q2 2025 was $28.4 million, up 15% compared to Q2 2024, with EBITDA margins improving from 33% to 35% [5][19] - The Interactive business was the primary growth driver, with EBITDA growth of nearly 50% year over year [5][12] Business Line Data and Key Metrics Changes - The Interactive segment achieved its eighth consecutive quarter of over 40% year-over-year adjusted EBITDA growth, with an adjusted EBITDA margin expansion of 200 basis points to 67% [12][19] - Gaming EBITDA increased by 35% year over year, significantly driven by the performance of William Hill [17][19] - Virtual Sports EBITDA showed a sequential improvement, with expectations for continued growth in Q3 and Q4 [15][26] Market Data and Key Metrics Changes - Less than 10% of the U.S. population is in jurisdictions offering iGaming, compared to 70% for sports betting, indicating significant growth potential [6] - The company is seeing growth in Brazil, with a focus on launching additional operators and bespoke content [12][36] Company Strategy and Development Direction - The company is focusing on digital segments, aiming to improve cash conversion and EBITDA margins, with a target of approaching 40% [10][19] - The sale of the Holiday Park business is expected to enhance liquidity and shift the business mix further towards digital [10][19] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the Interactive business, noting that it is still in its infancy and has considerable room for growth [6][12] - The company is cautiously optimistic about the Virtual Sports segment, expecting to see year-over-year growth by the end of the year [7][15] Other Important Information - The company successfully refinanced its credit facility and is in the process of converting floating rate debt to fixed rate [8][9] - A new contract was awarded to supply gaming machines for JenningsBet, the largest independent bookmaker in the UK [8][18] Q&A Session Summary Question: Can you elaborate on the momentum in hybrid dealer? - Management noted a good mix of customers, including tier one and tier two operators, with positive traction and increasing player volume [22][24] Question: Will Virtual Sports see a year-over-year increase in EBITDA? - Management indicated that while Q3 might not see significant growth, Q4 is expected to show improvements due to new product launches [26] Question: What drives the next leg of growth in the Gaming segment? - Management highlighted opportunities in Canadian provinces and Illinois, where the market is expanding and content refreshment is key [41][43] Question: What are the promising international markets for hybrid dealer? - Management stated that every market appears promising, with ongoing rollouts in North America, UK, Greece, and Brazil [45][46] Question: What are the capital deployment priorities? - The first priority is funding business growth, followed by debt reduction, with share repurchases considered afterward [52]

Core Insights - Inspired Entertainment, Inc. has launched V-Play Football Brazil in partnership with Kaizen Gaming, marking a significant expansion into the Brazilian market [1][4] - The game features hyper-realistic visuals and a fully localized experience tailored for Brazilian football fans [2] - V-Play Football Brazil is officially sponsored by Brasileirão Betano, enhancing its authenticity with official branding and logos [3] Company Overview - Inspired Entertainment provides a diverse portfolio of gaming content, technology, hardware, and services across regulated gaming and betting sectors globally [6] - The company operates in approximately 35 jurisdictions, supplying systems for around 50,000 gaming machines and virtual sports products through over 32,000 retail venues [6] - Inspired's offerings include digital games for more than 170 websites and amusement entertainment solutions with over 16,000 terminals installed [6] Partner Overview - Kaizen Gaming is recognized as one of the largest GameTech companies globally, focusing on technology and customer experience [8] - The company operates the Betano brand, which has a strong presence in Europe, the Americas, and Africa, employing over 2,700 people [9] - Kaizen Gaming has received multiple industry awards, including five trophies at the 2023 EGR Operator Awards, highlighting its leadership in the sports betting market [10]