Welcome to our dedicated page for Inspired Entmt news (Ticker: INSE), a resource for investors and traders seeking the latest updates and insights on Inspired Entmt stock.
Inspired Entertainment, Inc. reports developments as a B2B provider of gaming content, technology, hardware and services for licensed online and land-based lottery, betting and gaming operators. Its recurring news themes include quarterly results, Interactive revenue trends, Virtual Sports distribution, retail gaming terminals, and the portfolio mix across Gaming, Virtual Sports, Interactive and Leisure.
Company updates also cover long-term operator agreements, launches of iGaming content in regulated markets, supplier registrations, SaaS distribution relationships and capital actions such as debt repayment and common-stock repurchases. News has also documented the completed sale of the UK holiday parks business and certain associated leisure assets as part of Inspired's portfolio optimization.
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.
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.
Inspired Entertainment (NASDAQ: INSE), a B2B gaming content and technology provider, has scheduled its Q4 and fiscal year 2024 earnings release for March 17, 2025, before market open. The company will host a conference call 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 170+ websites
- 16,000+ installed amusement entertainment terminals
Inspired Entertainment (NASDAQ: INSE) has announced an early five-year contract extension with Moto Hospitality, the UK's largest motorway service operator. The partnership extension includes upgrading Moto's gaming facilities with Inspired's market-leading Vantage B3 terminal, which will replace the current Flex cabinets.
The agreement builds upon the existing collaboration between the two companies, focusing on shared objectives and innovation in gaming content and solutions. Peter Davies, Managing Director of Inspired's Leisure Division, emphasized the partnership's success and their commitment to maintaining industry leadership. Michelle Madeley, Operations Director of Moto Hospitality, expressed enthusiasm about continuing the strategic relationship.
Inspired Entertainment (NASDAQ: INSE) is showcasing its latest gaming innovations at ICE 2025 in Barcelona from January 20-22. The company's exhibit features several key products:
The centerpiece is Hybrid Dealer®, offering branded table and gameshow content for online play with RNG-generated outcomes, including the new Roulette 4 Ball Extra Bet™. The company is also introducing the Vantage Slant™ cabinet, featuring twin 32" HD screens and advanced server-based gaming platform.
In iGaming, Inspired is presenting both classic titles like Gold Cash Free Spins™ and new releases such as Big Piggy Bank™. The company is also unveiling major Virtual Sports innovations, including a new NHL-branded hockey product and an updated NFL Virtual Sports offering. Additionally, Inspired is launching the B3 Astra Community Party £500™, a multi-player community gaming experience.
Inspired Entertainment (NASDAQ: INSE) has announced a partnership with bet365 to launch its Hybrid Dealer Roulette game in the UK during Q4 2024. bet365 will be the first customer to offer this innovative product, which represents a new US-patented category of online gaming.
The game combines Virtual CGI and pre-recorded real-life hosts to create a casino experience without the challenges of traditional live-dealer products. Features include a countdown timer for betting rounds, synchronized results for all players, leaderboards, chat functionality, and high-quality graphics and audio.
This marks the second Hybrid Dealer game launched by Inspired, designed to provide a realistic multiplayer social gaming experience. The technology eliminates the need for dedicated studios and staffing, offering operators a cost-effective solution for delivering live casino-style entertainment.
Inspired Entertainment (NASDAQ: INSE) has expanded its partnership with Aristocrat Interactive to provide Virtual Sports games to the Virginia Lottery through NeoPollard Interactive. This makes Virginia the first U.S. lottery to offer Inspired's online V-Lottery content. The initial launch, scheduled for mid-2025, will include virtual football, basketball, and horse racing games, accessible through the Virginia Lottery website and mobile app.
The collaboration involves NeoPollard Interactive , jointly owned by Pollard Banknote and Aristocrat Interactive, and aims to transform the iLottery gaming landscape while generating additional funds for good causes. The Virginia Lottery sees this as a strategic move to attract new players and enhance gameplay experiences.
Inspired Entertainment (NASDAQ: INSE) reported Q3 2024 financial results with total revenue of $78.0 million, driven by record Interactive revenue growth of 40% year-over-year. The company achieved net income of $3.4 million and Adjusted EBITDA of $30.1 million, up 13% from 2023. Interactive segment showed strong performance with EBITDA increasing 47% and margin expanding to 67.6%. Gaming segment EBITDA rose 29% year-over-year, while Leisure segment delivered 5% revenue growth. The company announced strategic partnerships, including agreements with NHL, Loto-Québec, and FanDuel, and appointed James Richardson as new CFO effective January 2025.
Inspired Entertainment (NASDAQ: INSE) has appointed James Richardson as Chief Financial Officer and Chief Accounting Officer, effective January 1, 2025. Richardson joins from Manchester Airports Group, where he served as Group Commercial Finance Director. With nearly 30 years of experience, he previously held key positions at William Hill plc's online betting division, DFC Global Corp, and Global Payments Inc. The appointment comes as Inspired continues to expand its digital vertical and achieve growth in its online gaming business. The company currently operates in approximately 35 jurisdictions, managing 50,000 gaming machines, virtual sports products across 32,000 retail venues, and digital games for 170+ websites.
Inspired Entertainment (NASDAQ: INSE) has announced it will release its third quarter 2024 financial results on November 7, 2024, after market close. The company will host a conference call and webcast on November 8, 2024, at 8:00 a.m. ET to discuss results and business trends.
Inspired operates in 35 jurisdictions worldwide, providing gaming systems for approximately 50,000 gaming machines, virtual sports products across 32,000 retail venues, digital games for 170+ websites, and amusement solutions with over 16,000 terminals installed.