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Inspired Entertainment, Inc. - INSE STOCK NEWS

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.

Inspired Entertainment, Inc. (NASDAQ: INSE) is a prominent gaming technology company based in the United States, specializing in providing high-quality gaming and betting solutions worldwide. The company's core business includes the development of Virtual Sports and Server-Based Gaming (SBG) systems, along with the associated terminals and digital content for regulated betting, gaming, and lottery operators.

Operating through four primary segments—Gaming, Virtual Sports, Interactive, and Leisure—Inspired Entertainment boasts a diverse portfolio designed to enhance revenue opportunities for its partners. The Gaming segment is the largest revenue contributor, supplying gaming terminals as well as gaming software and games to betting offices, casinos, gaming halls, and high-street adult gaming centers.

Inspired Entertainment's reach is vast, with operations in approximately 35 jurisdictions worldwide. The company manages around 50,000 gaming machines, a majority of which are powered by their proprietary Inspired Open SBG Core™ platform. Their innovative Virtual Sports products are available through more than 32,000 retail venues and various online platforms, appealing to a broad spectrum of players.

Key customers include major regulated gaming companies such as William Hill, Ladbrokes, and Sky Vegas, as well as international operators like Sisal and Lottomatica. The company is also a leading supplier of Video Lottery Terminals (VLT) to Italian casinos and betting shops.

Recent notable achievements include a strategic partnership with Kambi Group, which integrates Kambi's premier sports betting technology with Inspired's Virtual Sports games. This collaboration aims to offer a dynamic and easily integrated new revenue stream for operators within the Kambi network. Additionally, Inspired's Virtual Sports have seen significant growth in North America, introducing popular games like basketball, football, and women's soccer.

Financially, Inspired Entertainment has consistently demonstrated robust performance, with recent expansions and partnerships further solidifying its market position. The company’s commitment to innovation and quality is evident in its expanding portfolio of gaming, betting, and amusement entertainment solutions.

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Inspired Entertainment, Inc. expands its VLT footprint in Saskatchewan with 720 additional Valor™ Terminals, following a successful RFQ process. The company expects to deliver the terminals by the end of 2024, with new games to be released in 2025. This marks the third significant VLT contract with WCLC in four years, increasing the total number of Valor VLTs in Saskatchewan to over 1,500.
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Inspired Entertainment, Inc. reports strong financial results for the fourth quarter and full year 2023, with record revenue of $323 million, a 15% increase from the previous year. Net income for the full year was $7.6 million, and adjusted EBITDA reached $100.5 million. The company's digital business, particularly the Interactive segment, drove revenue growth, with a 49% increase in the fourth quarter. Inspired's Virtual Sports business also performed well, generating $12.9 million in revenue. The company's focus on expanding its content offerings and optimizing land-based operations bodes well for future growth in the online betting and gaming industry.
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Inspired Entertainment, Inc. to Release Q4 and Fiscal Year 2023 Financial Results on April 15, 2024
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Inspired Entertainment, Inc. (INSE) received a notification from Nasdaq for not timely filing its Form 10-K for 2023. The company has 60 days to file or submit a compliance plan. Failure may lead to delisting, but the company aims to file by April 15, 2024.
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Inspired Entertainment, Inc. (INSE) extends contract with Parkdean Resorts for arcade games and entertainment products, solidifying its position as a leading provider. The agreement includes the provision of cashless arcade technology, enhancing the guest experience. Both companies express commitment to delivering top-quality experiences for visitors.
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Inspired Entertainment, Inc. announced the launch of End Zone Cash, a Virtual Sports game featuring NFL Alumni players, available through the Pennsylvania Lottery. The game offers exciting new mechanics like multipliers and jackpots, aiming to attract new lottery players and drive revenue growth.
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Inspired Entertainment, Inc. receives an affirmation of its Long-Term Issuer Default Rating at 'B' by Fitch Ratings. The outlook is stable, with the senior secured instrument rating affirmed at 'BB-' and a Recovery Rating of 'RR2'. Fitch highlights the profitability of Inspired's Virtuals and Interactive segments, expecting organic deleveraging and timely debt refinancing.
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Inspired Entertainment, Inc. (INSE) appoints Simona Camilleri as General Counsel, succeeding Carys Damon. Dr. Camilleri brings extensive legal expertise in iGaming, fintech, and mergers & acquisitions. The company praises her contributions while Carys Damon continues as Corporate Secretary.
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Inspired Entertainment, Inc. reiterates expectations for Q4 results, delays Form 10-K filing. Expects to file by April 15, 2024. Revenue and EBITDA projections remain in-line with consensus.
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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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FAQ

What is the current stock price of Inspired Entertainment (INSE)?

The current stock price of Inspired Entertainment (INSE) is $8.52 as of December 20, 2024.

What is the market cap of Inspired Entertainment (INSE)?

The market cap of Inspired Entertainment (INSE) is approximately 230.4M.

What does Inspired Entertainment, Inc. specialize in?

Inspired Entertainment specializes in Virtual Sports and Server-Based Gaming systems, as well as gaming terminals and digital content for regulated gaming and lottery operators.

What are the primary segments of Inspired Entertainment’s business?

The primary segments are Gaming, Virtual Sports, Interactive, and Leisure.

Who are some of Inspired Entertainment’s key customers?

Key customers include William Hill, Ladbrokes, Sky Vegas, Sisal, and Lottomatica.

What is the Inspired Open SBG Core™ platform?

The Inspired Open SBG Core™ platform is a proprietary technology used to power a majority of Inspired Entertainment's gaming machines.

In which jurisdictions does Inspired Entertainment operate?

Inspired Entertainment operates in approximately 35 jurisdictions worldwide.

What recent partnerships has Inspired Entertainment formed?

A notable recent partnership includes a collaboration with Kambi Group to integrate their sports betting technology with Inspired's Virtual Sports games.

What types of products does Inspired provide?

Inspired provides gaming systems, terminals, content for gaming machines, Virtual Sports products, digital games, and amusement entertainment solutions.

How many gaming machines does Inspired manage?

Inspired manages around 50,000 gaming machines globally.

Where can I find more information about Inspired Entertainment?

More information can be found on their official website at www.inseinc.com.

What are Virtual Sports?

Virtual Sports are computer-generated simulations of sports events that allow players to bet on outcomes, available both online and in retail venues.

Inspired Entertainment, Inc.

Nasdaq:INSE

INSE Rankings

INSE Stock Data

230.43M
24.41M
8.17%
87.32%
2.01%
Gambling
Services-prepackaged Software
Link
United States of America
NEW YORK,