NOVEMBER 29, 2022 – Inspired Entertainment, Inc. (“Inspired” or the “Company”) (NASDAQ: INSE) is delighted to announce the launch of its Virtual Sports products in Ontario with leading digital sports betting operator Betano owned by Kaizen Gaming, one of the fastest growing gametech companies in the world and winner of this year’s “Operator of the Year” EGR award.
The launch in Ontario follows the great success of launches with Stoiximan (Betano’s sister brand) over the last year in Greece, with more territories to follow over the next 12 months. The Betano brand currently operates across North America, South America, and Europe with Ontario being its latest territory to launch.
Betano have launched a number of Inspired’s Virtual Sports products including Soccer, Horses, Greyhounds and Marbles, with a particular focus on popular North American Virtual Sports such as Basketball and the soon to be released Home Run Shoot Out Legends™, a virtual Baseball home run hitting competition set for release in 2023. Inspired secured a licence from the Major League Baseball Players Alumni Association (MLBPAA) allowing Babe Ruth, Mickey Mantle, Cecil Fielder and other baseball legends to be featured in the game.
“As our partnership continues to flourish, we hope to match Betano’s success in Ontario with Stoiximan’s success in Greece,” said Steve Rogers, Chief Commercial Officer of Virtual Sports at Inspired. “Betano is now our second partner to operate in Ontario and the initial performance looks very encouraging. As part of our plans for expansion in new territories, we will be focussing on elevating our most popular global sport, Soccer, as well as some of our core North American sports, including Basketball, U.S. Football and Baseball.”
“Working with Inspired over the last year has proven to be a great success,” said Vangelis Kalloudis, Gaming Product Manager at Kaizen Gaming. “We have launched a fantastic portfolio of products across multiple territories and the initial performance of our most recent release in Ontario is very encouraging. We are looking forward to continuing our work with Inspired to offer exciting and unique entertainment opportunities to players across multiple territories.”
To find out more about Inspired’s Virtuals, visit: https://inseinc.com/virtuals/
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, 2021, 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.
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