Welcome to our dedicated page for Inspired Entertainment news (Ticker: $INSE), a resource for investors and traders seeking the latest updates and insights on Inspired Entertainment stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Inspired Entertainment's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Inspired Entertainment's position in the market.
Rhea-AI Summary
Inspired Entertainment, Inc. announces the launch of Virtual Sports content in New Jersey through a partnership with Rush Street Interactive, Inc., providing BetRivers players with an engaging gaming experience. The collaboration aims to enhance the gaming experience for players and offer premium content. This partnership signifies a commitment to delivering high-quality gaming content and innovative solutions in the online gaming industry.
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End-of-Day
-0.87%
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Rhea-AI Summary
Inspired Entertainment, Inc. reports a 31% increase in 3Q revenue to $97.5 million, driven by the Interactive segment and Low Margin Gaming Hardware Sales. The Company completed a financial restatement, unveiled a new iGaming product, and partnered with the NBA for Virtual Sports games. Adjusted EBITDA margin for the third quarter was 27%, with a 36% margin excluding Low Margin Gaming Hardware sales. Fourth-quarter revenue and Adjusted EBITDA are expected to meet consensus estimates.
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End-of-Day
-9.12%
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Rhea-AI Summary
Inspired Entertainment, Inc. (INSE) will report unaudited financial results for Q3 2023 on Feb 27, 2024. The company is a leading B2B provider of gaming content, technology, hardware, and services.
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End-of-Day
11.11%
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Rhea-AI Summary
Inspired Entertainment, Inc. and Kambi Group plc have signed an agreement to integrate Inspired Virtual Sports products into the Kambi sportsbook platform. This partnership aims to enhance Kambi's sportsbook services and provide a dynamic new revenue stream for operators. Inspired's Virtual Sports are popular worldwide, with a diverse content portfolio available in over 35 countries.
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End-of-Day
-1.51%
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Rhea-AI Summary
Inspired Entertainment, Inc. (INSE) has received notification from Nasdaq stating that it has accepted the Company’s plan of compliance to file required financial reports by February 28, 2024. The company is diligently working to complete the necessary filings, including restated financial statements, aiming to file such reports as soon as practicable.
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End-of-Day
-2.19%
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Rhea-AI Summary
Inspired Entertainment, Inc. will showcase new NBA-themed Virtual Sports, a revolutionary Hybrid Dealer® product, and a groundbreaking Vantage Cat C cabinet at the ICE tradeshow in London. The company will also debut iGaming content including Space Invaders™ Win and Spin and Gold Horsey Winner™. Inspired aims to offer a unique and engaging gaming experience to its customers, showcasing its strength and breadth of product offerings.
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-3.67%
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Inspired Entertainment, Inc. plans to file restated financial statements and forms with the Nasdaq Stock Market by February 28, 2024, and its Form 10-K for the year ended December 31, 2023 by March 2024. The company previously received a notification letter from Nasdaq for not timely filing its Form 10-Q for the quarter ended September 30, 2023, but this has no immediate effect on the listing of the company's securities.
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Rhea-AI Sentiment
End-of-Day
6.02%
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Inspired Entertainment, Inc. (NASDAQ: INSE) appoints Marilyn Jentzen as Interim CFO and principal accounting officer, accepting Stewart F.B. Baker's resignation. The Board of Directors has initiated a search process for the new CFO. Ms. Jentzen brings over three decades of financial and accounting experience and will be responsible for the Company's financial policies and compliance with financial and accounting regulations.
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Rhea-AI Sentiment
End-of-Day
2.01%
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Rhea-AI Summary
Inspired Entertainment, Inc. (NASDAQ: INSE) received a notification letter from Nasdaq stating non-compliance with the requirements of Nasdaq Listing Rule 5250(c)(1) due to not filing its Form 10-Q for the quarter ended September 30, 2023. The company has until January 22, 2024, to file the 2023 Form 10-Q or submit a plan to regain compliance, with a potential extension until May 7, 2024. Failure to comply may lead to delisting from Nasdaq.
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Inspired Entertainment, Inc. (NASDAQ: INSE) announces the need for additional time to complete financial statements for Q3 2023 and to restate previously issued financial statements due to accounting errors. The errors relate to the capitalization of software development costs, leading to the need for restatement and the identification of material weaknesses in internal controls. The company is diligently pursuing completion of the restatement and intends to file amended reports as soon as reasonably practicable.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-29.52%
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Inspired Entertainment, Inc.
Nasdaq:INSE
INSE Rankings
INSE Stock Data
227.65M
17.60M
8.05%
88.13%
1.84%
Software Publishers
Information
United States of America
NEW YORK,
About INSE
inspired gaming group (inspired / ingg) is the leading supplier worldwide of server based gaming (sbg) systems and games for a range of land based gaming markets, including casino, vlt, bingo and sports betting. inspired is the leading gaming machine operator in the uk for the gaming and leisure markets, and also provides its unique open sbg core™ software systems, terminals and virtual sports products in over 30 other countries. it is one of the three leading vlt suppliers to italian casinos and betting shops. its virtual sports products are the leading online and land-based games in their category worldwide. the group operates approximately 50,000 machines on a participation basis, of which in excess of 35,000 are on the inspired open sbg core™ platform. key customers include major regulated gaming companies such as sisal, b plus, lottomatica, william hill, gala coral group, betfred, ladbrokes, genting, paddy power, codere, sky vegas, partygaming, fortuna, bet365 and caliente.