INSPIRED ENTERTAINMENT RECEIVES GAMING-RELATED SUPPLIER LICENSE FROM THE ALCOHOL AND GAMING COMMISSION OF ONTARIO
March 17, 2022 – Inspired Entertainment, Inc. (“Inspired” or the “Company”) (NASDAQ: INSE) has received a gaming-related supplier licence from the Alcohol and Gaming Commission of Ontario (AGCO) and plans to launch its portfolio of iGaming products in Ontario early in the second quarter of 2022.
This licence authorises Inspired to offer its games to AGCO-approved operators serving the province of Ontario. Inspired will have 25 games certified in time for the market launch including top titles such as Big Spin Bonus™, Big Fishing Fortune™ and retro classic Space Invaders®.
Claire Osborne, VP Interactive at Inspired, said, “Ontario’s iGaming market officially opens to licensed operators on April 4th, 2022, and we couldn’t be more excited to be a part of the newly regulated iGaming market. With a population of nearly 15 million people, Ontario’s demographics compare favorably to states like New Jersey or Michigan where we already operate. We expect Ontario to present a significant market opportunity for us, and we look forward to players in Ontario enjoying our games.”
Inspired already has a presence in Canada: Loto-Québec, a long-time customer, currently offers Inspired’s best-in-class Interactive casino content on its online gaming website, lotoquebec.com. Inspired also has several partnerships in many regulated markets south of the border, including New Jersey, Michigan, and Connecticut.
For all Inspired’s online and mobile games, head here: https://inseinc.com/interactive/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.
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, 2020, and in Inspired’s 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.
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