Inspired Entmt Inc Stock Price, News & Analysis

Inspired Entertainment (NASDAQ: INSE) has completed a private placement of £270 million senior secured notes due 2030 through its subsidiary, along with securing a new £17.8 million revolving credit facility. The 2030 Senior Secured Notes will have a floating interest rate of SONIA plus 550-600 basis points, maturing on June 9, 2030. The new revolving credit facility matures on December 9, 2029, with a floating rate of SONIA plus 325-375 basis points. The proceeds will be used to redeem existing £235 million senior secured notes, repay £15 million in outstanding loans, cover refinancing expenses, and support general corporate purposes. The notes were purchased by Barclays Bank plc, HG Vora Special Opportunities Master Fund, BSE Investments, and HG Vora Opportunistic Capital Master Fund III A LP, with Barclays Bank providing the revolving credit facility.

Inspired Entertainment (NASDAQ: INSE) has expanded its Caesars Palace Wheel of Wins™ game to Michigan and Ontario following successful performance in New Jersey. The game, available on Caesars Palace Online Casino and Caesars Sportsbook & Casino, features Inspired's proprietary Hybrid Dealer® technology that combines live casino atmosphere with CGI elements. Set in Caesars Palace's reception area, the game offers four bonus games themed after iconic casino locations, along with wheel multipliers, leaderboards, and chat functions. The innovative game merges real hosts with RNG-driven gameplay, creating an immersive gaming experience that replicates the Las Vegas Strip's atmosphere.

Inspired Entertainment (NASDAQ: INSE) has launched V-Play Football Brazil, a virtual sports game, in partnership with Kaizen Gaming through its Betano brand in Brazil. The game features hyper-realistic visuals and is officially sponsored by Brasileirão Betano, Brazil's premier professional football league, incorporating authentic branding and official logos. This strategic launch represents Inspired's expansion into Latin America and strengthens Kaizen Gaming's position in Brazil's iGaming market. The game is available on betano.bet.br for both desktop and mobile platforms, offering a localized virtual football experience tailored specifically for Brazilian users.

Inspired Entertainment (NASDAQ: INSE) reported strong Q1 2025 financial results with total revenue of $60.4 million. The company's Interactive segment was the standout performer, with revenue increasing 49% year-over-year and Adjusted EBITDA growing 75%. Total company Adjusted EBITDA reached $18.4 million, up 19% from last year. The company reported a minimal net loss of $0.1 million and Adjusted Net Income of $3.8 million. Notably, Inspired has entered into a commitment letter for £270 million in senior secured debt to refinance existing debt, expected to close in June 2025. While Gaming and Interactive segments showed strong performance, Virtual Sports faced challenges in Brazil due to regulatory changes, though showing signs of stabilization. The company continues to expand partnerships, including with Rush Street Interactive for new markets in Mexico and Delaware.

Inspired Entertainment (NASDAQ: INSE), a B2B provider of gaming content, technology, hardware and services, has scheduled its first quarter 2025 financial results announcement for May 8, 2025, before market opening. The company will host a conference call and webcast at 8:30 a.m. ET to discuss results and business trends.

Inspired operates in 35 jurisdictions worldwide with a significant footprint including:

• 50,000 gaming machines in betting shops, pubs, and gaming halls
• Virtual sports products across 32,000+ retail venues and online platforms
• Digital games for over 170 websites
• 16,000+ installed amusement entertainment terminals

Inspired Entertainment (NASDAQ: INSE) has extended its partnership with Buzz Bingo, Britain's leading omni-channel bingo operator. The agreement ensures the continued supply of 500 Category B3 and C terminals across 79 Buzz Bingo venues.

The contract extension strengthens the long-standing collaboration between the companies, with both parties expressing commitment to enhancing gaming experiences and customer service. Brooks Pierce, President and CEO of Inspired, and Mike Douglas, Head of Machine Product at Buzz Bingo, both emphasized the significance of this partnership in shaping the UK bingo landscape.

Inspired Entertainment (NASDAQ: INSE) reported strong Q4 2024 results with revenue of $83.0 million. The quarter was highlighted by record Interactive segment performance, showing 45% year-over-year revenue growth and 105% Adjusted EBITDA growth, with margins expanding from 50% to 71%.

The Gaming segment demonstrated solid growth with 42% increase in Q4 Adjusted EBITDA, while the Leisure segment posted 7% revenue growth. The company's Virtual Sports segment faced challenges but maintained high margins above 70%.

Key developments include:

• Installation of 5,000 new Vantage cabinets with William Hill
• Launch of Hybrid Dealer Roulette game with bet365 in the UK
• Strategic rollout of mobile and slot games in Brazil
• Extended partnership with Aristocrat Interactive for Virginia Lottery
• Partnership extension with Moto Hospitality and Welcome Break

Inspired Entertainment (NASDAQ: INSE) has extended its partnership with Welcome Break, a major UK motorway service area operator with 60 service areas and 31 hotels. The renewed agreement positions Inspired as the exclusive gaming machine supplier to Welcome Break's locations.

The partnership includes the deployment of Inspired's latest Vantage B3 cabinet, featuring cutting-edge technology designed to enhance player experience by improving game discovery and accessibility. This implementation demonstrates Welcome Break's commitment to providing premium entertainment across its nationwide network.

The extension builds upon the existing successful relationship between both companies, focusing on delivering exceptional customer experiences and driving innovation in the gaming sector across UK motorway service areas.

Inspired Entertainment (NASDAQ: INSE) has expanded its partnership with Rush Street Interactive (NYSE: RSI) to bring its iGaming content to new markets. The expansion includes RSI's RushBet platform in Mexico, Colombia, and Peru, as well as the BetRivers platform in Delaware, U.S.

This expansion builds upon their successful previous launches in New Jersey, Michigan, and Pennsylvania. The collaboration aims to enhance RSI's gaming offerings across these new territories, with Inspired providing gaming content, technology, hardware, and services as a B2B provider.