Inspired Entertainment to Launch Revolutionary Hybrid Dealer Roulette Game in Canada with Loto-Québec

Rhea-AI Summary

Inspired Entertainment (NASDAQ: INSE) has announced that Loto-Québec will be the first customer in Canada to offer their Hybrid Dealer Roulette game in Q4 2024. This innovative online product combines Virtual CGI and pre-recorded real-life hosts to mimic a live casino experience without the challenges of live-dealer products.

The game features a countdown timer, synchronized results for all players, leaderboards, and chat functionality, creating a dynamic social gaming experience. Inspired's President and CEO, Brooks Pierce, emphasized the game's innovative nature and high-quality graphics. Francois Hardy, senior director at Loto-Québec, expressed confidence that the game will resonate with players and enhance their online casino experience.

Positive

• Expansion into Canadian market with Loto-Québec partnership
• Launch of innovative Hybrid Dealer Roulette game
• Potential for increased player engagement through social gaming features

Negative

• None.

Insights

Gaming Industry Analyst

Inspired Entertainment's launch of Hybrid Dealer Roulette with Loto-Québec marks a significant milestone in the online gaming industry. This patented technology bridges the gap between virtual and live dealer games, potentially disrupting the market. The scheduled multi-player format with social features like leaderboards and chat could drive higher player engagement and retention. For Inspired, this first-mover advantage in Canada could lead to increased market share and revenue streams. The partnership with a reputable operator like Loto-Québec adds credibility and may pave the way for further expansion in North America. However, the success will depend on player adoption and regulatory acceptance of this new game category. Investors should monitor the Q4 2024 launch closely for initial performance indicators and potential for scaling across other markets.

Technology Innovation Expert

The Hybrid Dealer Roulette game represents a clever technological solution to the challenges of live dealer products. By combining pre-recorded real-life hosts with CGI, Inspired has created a scalable, consistent gaming experience without the operational complexities of live streaming. This approach could significantly reduce costs and technical issues associated with traditional live dealer games. The synchronized gameplay for all players enhances the social aspect, potentially increasing the game's appeal. From a tech perspective, this innovation demonstrates Inspired's R&D capabilities and could lead to a new patent portfolio in the gaming sector. The success of this product may spur further innovations in hybrid gaming experiences, positioning Inspired as a leader in this emerging category.

NEW YORK, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Inspired Entertainment, Inc. ("Inspired" or the "Company") (NASDAQ: INSE), a leading provider of B2B gaming content, systems, and solutions, announced Loto-Québec will be the first customer in Canada to offer the Hybrid Dealer Roulette game in the fourth quarter of 2024.

Hybrid Dealer is a new, US patented, game-changing online product category that offers players casino and gameshow content without the challenges associated with live-dealer products.

Hybrid Dealer Roulette is the second Hybrid Dealer game launched by Inspired, featuring stunning Virtual CGI and pre-recorded real-life hosts. The online game is designed to mimic a live casino experience, with a countdown timer to place bets before each round begins and all players seeing the same results at the same time.

In this scheduled multi-player experience featuring leaderboards and chat, players will be part of a dynamic social gaming experience. With every spin, players will be treated to high-quality graphics and audio that engage and entertain.

"We are thrilled to bring this innovative new game to Loto-Québec's players, a first for Canada," said Brooks Pierce, President and Chief Executive Officer of Inspired. "Hybrid Dealer is a whole new category of games, and through our advanced technology, Loto-Québec will be able to provide a realistic branded Roulette experience to their online players."

"This collaboration demonstrates our commitment to offering the best online casino experience for our players through innovative solutions," said Francois Hardy, senior director at Loto-Québec. "We continuously seek new ways to enhance the player experience and keep our audience entertained. Inspired's Hybrid Dealer Roulette game is an exciting innovation that we are confident will resonate with our players."

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.

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

When will Inspired Entertainment launch Hybrid Dealer Roulette with Loto-Québec?

Inspired Entertainment (NASDAQ: INSE) will launch Hybrid Dealer Roulette with Loto-Québec in the fourth quarter of 2024.

What is unique about Inspired's Hybrid Dealer Roulette game?

Hybrid Dealer Roulette combines Virtual CGI and pre-recorded real-life hosts, offering a live casino experience without the challenges of live-dealer products. It features synchronized results, leaderboards, and chat functionality.

Who is the first Canadian customer for Inspired's Hybrid Dealer Roulette?

Loto-Québec will be the first customer in Canada to offer Inspired Entertainment's (NASDAQ: INSE) Hybrid Dealer Roulette game.

What features does Inspired's Hybrid Dealer Roulette game offer?

Inspired's Hybrid Dealer Roulette offers a countdown timer, synchronized results for all players, leaderboards, chat functionality, and high-quality graphics and audio for an engaging social gaming experience.