Monthly Archives: July 2016

Inspired, the leading provider of Virtual Sports, Mobile Games and SBG Video Lottery, today announces it has signed a long-term contract renewal with leading UK Fixed Odds Betting company, 49’s Ltd. · 49’s, a longstanding customer of Inspired, has provided virtual horse and greyhound races via satellite to c10,000 UK LBO’s since 2001and was the first company to deploy Inspired’s Virtual Sports · The new contract will provide 49’s with Inspired’s latest graphical upgrades to their tracks – Portman Park, Steepledowns, Sprint Valley, Brushwood and Millersfield · Following the contract renewal, Inspired will deliver 49’s’ virtual content to customers via […]

Hydra Industries Acquisition Corp. (“Hydra”) (NASDAQ: HDRA, HDRAU, HDRAW, HDRAR), a special purpose acquisition company formed for the purpose of effecting a merger, acquisition or similar business combination, announced today that it has entered into a definitive agreement to acquire London based Inspired Gaming Group and its affiliates (“Inspired” or the “Company”) from funds managed by Vitruvian Partners LLP (a London headquartered private equity firm), and its co-investors (collectively, the “Seller Group”). The transaction reflects a valuation for Inspired of £200 million, including the Company’s indebtedness, but excluding transaction expenses as well as the impact of Hydra’s sponsor shares and […]