NEW YORK, December 18, 2019 — Inspired Entertainment, Inc. (“Inspired”) (NASDAQ: INSE) announced a global distribution agreement with Novomatic to incorporate a suite of Virtual Sports as part of its next-generation sports betting platform, NovoPrime Sports, which provides a leading array of sports betting products and services. This agreement covers a wide range of Virtual Sports, including Soccer, Horse Racing, Greyhounds, Motor Racing, Trotting, Basketball and Football. Inspired will look to deliver new content throughout the course of the agreement. Inspired recently signed new agreements with the NFL Alumni for a new Virtual Football game and Jaromir Jagr for Virtual Hockey.
“We have a great relationship with Novomatic and we are very excited to work with them on adding Virtual Sports to their NovoPrime Sports platform,” said Lorne Weil, Executive Chairman of Inspired. “This partnership has a great deal of potential for Inspired, bringing our Virtual Sports to new geographies, customer verticals and distribution channels. It is a win-win for everyone involved, especially the consumer.”
“We are focused on developing the premiere global turnkey sports betting platform solution for retail and online and Virtual Sports perfectly round out our portfolio of offerings,” said Alan Bruce, Head of NovoPrime Sports. “The ultra-realistic graphics of Inspired’s Virtuals provide a higher frequency complement to real sports betting. We are particularly excited for consumers to experience their groundbreaking new Virtual Basketball game, which will help our customers create continual streams of betting content.”
About Inspired Entertainment, Inc.
Inspired offers an expanding portfolio of content, technology, hardware and services for regulated gaming, betting, lottery, and leisure operators across retail and mobile channels around the world. The Company’s gaming, virtual sports, interactive and leisure products appeal to a wide variety of players, creating new opportunities for operators to grow their revenue. The Company operates in approximately 35 jurisdictions worldwide, supplying gaming systems with associated terminals and content for more than 58,000 gaming machines located in betting shops, pubs, gaming halls and other route operations; virtual sports products through more than 44,000 retail channels; digital games for 100+ websites; and a variety of amusement entertainment solutions with a total installed base of more than 19,000 devices. Additional information can be found at www.inseinc.com.
Forward Looking Statements
This news release may contain “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 September 30, 2018 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.
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