STOCK TITAN

Inspired Entertainment Joins Scientific Games’ SG Content Hub Partner Program

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags

Inspired Entertainment (NASDAQ: INSE) has joined Scientific Games' SG Content Hub Partner Program, expanding its reach in the global lottery industry. This partnership will make Inspired's Virtual Sports portfolio available to Scientific Games' iLottery customers worldwide.

Inspired's V-Lottery offering features 60-second virtual sports events with lifelike graphics, simulating real sports betting experiences. This format allows lottery players to enjoy new ways to play and win, complementing other iLottery offerings.

The collaboration is expected to benefit all stakeholders, particularly lottery partners supporting various good causes. Scientific Games is also partnered with Inspired on its sports betting aggregator for lottery customers globally.

Inspired Entertainment (NASDAQ: INSE) si è unita al Programma Partner del SG Content Hub di Scientific Games, ampliando la sua presenza nell'industria globale delle lotterie. Questa collaborazione renderà disponibile il portafoglio di Sport Virtuali di Inspired ai clienti dell'iLottery di Scientific Games in tutto il mondo.

L'offerta V-Lottery di Inspired presenta eventi sportivi virtuali di 60 secondi con grafiche realistiche, simulando esperienze di scommesse sportive reali. Questo formato consente ai giocatori di lotteria di godere di nuovi modi per giocare e vincere, integrando altre offerte di iLottery.

La collaborazione dovrebbe apportare vantaggi a tutti gli attori coinvolti, in particolare ai partner della lotteria che supportano diverse buone cause. Scientific Games è anche partner di Inspired per il suo aggregatore di scommesse sportive per i clienti della lotteria a livello globale.

Inspired Entertainment (NASDAQ: INSE) se ha unido al Programa de Socios del SG Content Hub de Scientific Games, ampliando su alcance en la industria global de loterías. Esta asociación hará que el portafolio de Deportes Virtuales de Inspired esté disponible para los clientes de iLottery de Scientific Games en todo el mundo.

La oferta V-Lottery de Inspired presenta eventos deportivos virtuales de 60 segundos con gráficos realistas, simulando experiencias de apuestas deportivas reales. Este formato permite a los jugadores de lotería disfrutar de nuevas formas de jugar y ganar, complementando otras ofertas de iLottery.

Se espera que la colaboración beneficie a todas las partes interesadas, especialmente a los socios de la lotería que apoyan diversas causas benéficas. Scientific Games también está asociado con Inspired en su agregador de apuestas deportivas para clientes de lotería a nivel mundial.

Inspired Entertainment (NASDAQ: INSE)가 Scientific Games의 SG 콘텐츠 허브 파트너 프로그램에 합류하여 전 세계 복권 산업에서 입지를 확장했습니다. 이 파트너십을 통해 Inspired의 가상 스포츠 포트폴리오가 Scientific Games의 iLottery 고객에게 전 세계적으로 제공됩니다.

Inspired의 V-Lottery 제안은 60초 가상 스포츠 이벤트를 특징으로 하며, 사실적인 그래픽으로 실제 스포츠 베팅 경험을 시뮬레이션합니다. 이 형식을 통해 복권 플레이어는 다른 iLottery 제공 사항을 보완하면서 새로운 방법으로 플레이하고 이길 수 있습니다.

이번 협력은 다양한 좋은 목적을 지원하는 복권 파트너를 특히 포함하여 모든 이해관계자에게 혜택을 줄 것으로 예상됩니다. Scientific Games는 전 세계 복권 고객을 위한 스포츠 베팅 집계기와 관련하여 Inspired와도 파트너 관계를 맺고 있습니다.

Inspired Entertainment (NASDAQ: INSE) a rejoint le programme partenaire du SG Content Hub de Scientific Games, élargissant ainsi sa portée dans l'industrie mondiale des loteries. Ce partenariat rendra le portefeuille de Sports Virtuels d'Inspired disponible pour les clients de l'iLottery de Scientific Games dans le monde entier.

L'offre V-Lottery d'Inspired propose des événements sportifs virtuels de 60 secondes avec des graphismes réalistes, simulant des expériences de paris sportifs réelles. Ce format permet aux joueurs de loterie de profiter de nouvelles façons de jouer et de gagner, complétant d'autres offres d'iLottery.

La collaboration devrait bénéficier à toutes les parties prenantes, en particulier aux partenaires de loterie soutenant diverses bonnes causes. Scientific Games est également partenaire avec Inspired sur son agrégateur de paris sportifs pour les clients de loterie à l'échelle mondiale.

Inspired Entertainment (NASDAQ: INSE) hat sich dem Partnerprogramm des SG Content Hub von Scientific Games angeschlossen, wodurch die Reichweite in der globalen Lotteriebranche erweitert wird. Diese Partnerschaft wird Inspireds Portfolio an virtuellen Sportarten weltweit für die iLottery-Kunden von Scientific Games zugänglich machen.

Das V-Lottery-Angebot von Inspired bietet 60-sekündige virtuelle Sportereignisse mit lebensechten Grafiken, die echte Sportwetten-Erfahrungen simulieren. Dieses Format ermöglicht es Lotteriespielern, neue Wege des Spielens und Gewinnens zu genießen, die andere iLottery-Angebote ergänzen.

Die Zusammenarbeit soll allen Beteiligten zugutekommen, insbesondere den Lotteriepartnern, die verschiedene gute Zwecke unterstützen. Scientific Games arbeitet auch mit Inspired an seinem Aggregator für Sportwetten für Kunden in der Lotterie weltweit zusammen.

Positive
  • Partnership with Scientific Games expands Inspired's reach in the global lottery industry
  • Inspired's Virtual Sports portfolio now available to Scientific Games' iLottery customers worldwide
  • Potential for increased revenue through wider distribution of Inspired's products
Negative
  • None.

The partnership between Inspired Entertainment and Scientific Games represents a strategic move in the iLottery space. By joining the SG Content Hub Partner Program, Inspired gains access to a vast distribution network, potentially boosting its market reach significantly. The integration of Inspired's Virtual Sports into Scientific Games' platform could lead to increased revenue streams for both companies.

The 60-second format of Inspired's V-Lottery portfolio is an innovative approach that could attract a new demographic of players, potentially expanding the overall iLottery market. This could be particularly appealing to younger, tech-savvy consumers who prefer fast-paced, visually engaging experiences. However, it's important to note that the impact on Inspired's financials may take time to materialize, as adoption rates and player engagement will be important factors to monitor.

While this partnership is promising, investors should temper their expectations in the short term. The financial impact on Inspired Entertainment (NASDAQ: INSE) may not be immediate, as integration and adoption of new content take time. However, the long-term potential is significant. The global iLottery market is projected to grow at a CAGR of 15.1% from 2021 to 2028, reaching $17.33 billion by 2028.

Inspired's diversification into the lottery sector through this partnership could provide a stable revenue stream to complement its existing B2B gaming operations. This move may also improve Inspired's valuation multiples if it successfully taps into the high-growth iLottery segment. Investors should watch for updates on content integration progress and any mention of revenue contribution in future earnings calls to gauge the partnership's success.

NEW YORK, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Inspired Entertainment, Inc. (NASDAQ: INSE), a leading provider of B2B gaming content, technology, hardware, and services, is excited to announce that it has partnered with Scientific Games as the latest game studio to join the SG Content Hub Partner Program, the global lottery industry’s premier content delivery platform. Inspired’s portfolio of lifelike Virtual Sports featuring some of the most exciting professional leagues and teams will now be available to Scientific Games iLottery customers around the world.

As a pioneer in Virtual Sports betting, Inspired Entertainment is pushing the boundaries of gaming entertainment with its V-Lottery portfolio. This innovative offering features a diverse range of Virtual Sports products with lifelike graphics and animation, simulating real sports betting experiences. Each event lasts 60 seconds, during which all players wager and watch the same short, timed event similar to Keno. This unique format allows lottery players to enjoy new ways to play and win with ultra-realistic games that complement other iLottery offerings.

"We are thrilled to integrate our unique Virtual Sports Lottery games into the SG Content Hub Partner Program, which will provide us with exceptional opportunities to showcase our content to numerous lottery operators worldwide," said Brooks Pierce, President and Chief Executive Officer of Inspired. "We believe this collaboration will yield numerous benefits for all stakeholders, especially our lottery partners who support various good causes."

Scientific Games is also partnered with Inspired on its sports betting aggregator to serve the lottery company’s sports betting customers worldwide. Steve Hickson, VP of Digital Games for Scientific Games, said, “We’re pleased to welcome Inspired into our digital content distribution SG Content Hub Partner Program and further expand our relationship. Their roster of diverse and unique digital sports experiences will be of huge interest to our lottery customers.”

To find out more about Inspired’s Virtuals, visit: https://inseinc.com/virtuals/

SG Content Hub™ is a trademark of Scientific Games.

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 Scientific Games
Scientific Games is a global leader in retail and digital games, technology, analytics and services that drive profits for government-sponsored lottery and sports betting programs. From enterprise gaming platforms to exciting entertainment experiences and trailblazing retail and digital solutions, we elevate play every day. We are industry pioneers in instant games, data analytics, retail solutions and iLottery. Built on a foundation of trusted partnerships since 1973, Scientific Games combines relentless innovation, performance and unwavering security to responsibly propel the industry forward. For more information, visit scientificgames.com.

Forward-Looking Statements
This news release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “anticipate,” “believe,” “expect,” “estimate,” “plan,” “will,” “would” and “project” and other similar expressions that indicate future events or trends or are not statements of historical matters. These statements are based on Inspired’s management’s current expectations and beliefs, as well as a number of assumptions concerning future events.

Forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside of Inspired’s control and all of which could cause actual results to differ materially from the results discussed in the forward-looking statements. Accordingly, forward-looking statements should not be relied upon as representing Inspired’s views as of any subsequent date and Inspired does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as required by law. You are advised to review carefully the “Risk Factors” section of Inspired’s annual report on Form 10-K for the fiscal year ended December 31, 2023, and in subsequent quarterly reports on Form 10-Q, which are available, free of charge, on the U.S. Securities and Exchange Commission’s website at www.sec.gov and on Inspired’s website at www.inseinc.com.

Contacts:

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

For Press and Sales
inspiredsales@inseinc.com
www.inseinc.com
@Inspired_News


FAQ

What is the significance of Inspired Entertainment joining SG Content Hub Partner Program?

Inspired Entertainment joining the SG Content Hub Partner Program allows its Virtual Sports portfolio to be available to Scientific Games' iLottery customers globally, potentially increasing its market reach and revenue opportunities.

How long do Inspired Entertainment's Virtual Sports events last?

Inspired Entertainment's Virtual Sports events in their V-Lottery portfolio last 60 seconds, during which players wager and watch a short, timed event similar to Keno.

What is unique about Inspired Entertainment's V-Lottery offering?

Inspired's V-Lottery offering features diverse Virtual Sports products with lifelike graphics and animation, simulating real sports betting experiences in a 60-second format, complementing other iLottery offerings.

How might this partnership affect Inspired Entertainment's stock (INSE)?

The partnership with Scientific Games could potentially boost Inspired Entertainment's (INSE) stock by expanding its market reach and increasing revenue opportunities through wider distribution of its Virtual Sports products to iLottery customers worldwide.

Inspired Entertainment, Inc.

NASDAQ:INSE

INSE Rankings

INSE Latest News

INSE Stock Data

251.13M
26.58M
8.52%
89.54%
2.08%
Gambling
Services-prepackaged Software
Link
United States of America
NEW YORK,