Gaming and Betting

Search documents
How Microsoft's AI play is transforming the NFL sidelines
Youtube· 2025-09-26 17:54
Welcome to Yahoo Finance Sports Report, a unique look at the business of sports brought to you by Yahoo Finance and Yahoo Sports. I'm your host, Joe Pompiano, and I'm here to coach you through the financial game. Let's huddle up and get right into it. We are kicking off this week with Pomp's Playbook, where I take a look at some of the biggest headlines in sports that you and your portfolio need to know. First up in today's playbook, we have some sports betting news. Earlier this week, Swiss gaming company ...
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 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]
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]