Inspired to Provide Virtual Sports via the Altenar Sportsbook

Rhea-AI Summary

Inspired Entertainment (NASDAQ: INSE) has announced a strategic partnership with Altenar, a sports betting software provider. The collaboration will integrate Inspired's Virtual Sports products into Altenar's sportsbook platform, making Inspired's Virtual Sports content available to Altenar's customers across over 30 countries.

Altenar has recently expanded its presence in South America, particularly in Peru and Brazil. The partnership aims to create new revenue streams for operators by combining Inspired's Virtual Sports technology with Altenar's sports betting platform.

Inspired's Virtual Sports products are currently available through more than 40,000 retail channels and 100+ websites in 35 countries. The integration will leverage Inspired's collaborations with major sporting leagues within their Virtual Sports division.

Positive

• Strategic expansion into new markets through Altenar's platform in 30+ countries
• Access to South American markets including Peru and Brazil
• New revenue stream potential through Virtual Sports integration
• Leveraging existing distribution network of 40,000+ retail channels

Negative

• None.

News Market Reaction – INSE

-0.11%

1 alert

-0.11% News Effect

On the day this news was published, INSE declined 0.11%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

NEW YORK, March 07, 2025 (GLOBE NEWSWIRE) -- Inspired Entertainment, Inc. (“Inspired” or the “Company”) (NASDAQ: INSE), a leading B2B provider of gaming content, technology, hardware, and services, today announced a partnership with Altenar, a sports betting software provider delivering “best in class” solutions for licensed operators. This collaboration will integrate Inspired’s Virtual Sports products into Altenar’s sportsbook platform, making diverse Inspired Virtuals Sports content available for the first time to Altenar’s customers.

Altenar, known for supplying cutting edge services ranging from “software only” to a fully managed sportsbook to its customers in over 30 countries, has recently expanded its presence in South America, including Peru and Brazil.

"We are excited to launch our Virtual Sports with Altenar. Their global sportsbook platform enables us to seamlessly integrate our Virtual Sports offering with their sports betting technology. We are confident that this partnership will enhance Altenar's sportsbook services and diversify their offerings in new and exciting ways, leveraging Inspired’s exciting collaborations with major sporting leagues within our Virtual Sports division. Together, we are opening new revenue streams for operators with Inspired’s Virtual Sports," said Brooks Pierce, President and Chief Executive Officer of Inspired.

“Altenar is excited to join forces with Inspired to bring their award-winning Virtual Sports products to the Altenar sportsbook platform,” said Antonis Karakousis, Director of Operations of Altenar. “This partnership showcases the versatility of the Altenar platform. We are thrilled to launch Inspired’s Virtual Sports products with our partners, enhancing our sportsbook offering with the very best in Virtual Sports technology.”

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. To find out more about Inspired’s Virtuals, visit: https://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 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 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; digital 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 Altenar
Founded in 2011, Altenar is a leading turnkey sportsbook provider committed to meeting the unique needs of its clients. Renowned for its flexibility and customer-centric approach, Altenar specialises in customising solutions to new markets, audiences, and requirements. With a focus on building enduring partnerships, Altenar aims to be the most partner-oriented iGaming software provider in the industry. For more information, visit www.altenar.com.

Contacts:

Investor Relations
IR@inseinc.com
+1 646 277 1285

For Press and Sales
inspiredsales@inseinc.com 

FAQ

What is the impact of Inspired Entertainment's partnership with Altenar for INSE shareholders?

The partnership opens new revenue streams and expands market reach across 30+ countries, particularly in South America, potentially benefiting INSE shareholders through increased market presence.

How many retail channels and websites currently offer Inspired's Virtual Sports products?

Inspired's Virtual Sports are available through 40,000+ retail channels and over 100 websites across 35 countries.

Which specific South American markets will INSE enter through the Altenar partnership?

The partnership specifically targets Peru and Brazil, where Altenar has recently expanded its presence.

What products will Inspired Entertainment (INSE) provide through the Altenar platform?

INSE will integrate its Virtual Sports products into Altenar's sportsbook platform, including content developed through collaborations with major sporting leagues.