Inspired's Virtual Sports live in Polish retail venues with Fortuna
NEW YORK - Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) today announces that its Virtual Sports products are now live in Poland with Central Europe’s largest betting operator, Fortuna.
Following recent regulatory changes, Inspired’s award-winning Virtual Sports products are now live in Polish retail venues, with online soon to follow.
In an agreement which extends to 2019, products from Inspired, including Virtual Football, Virtual Horses, Virtual Greyhounds, Virtual Speedway and Virtual Motor Racing are now available to Fortuna customers in Poland.
Fortuna also supplies Inspired’s Virtual Horse Racing, Virtual Greyhounds and Virtual Motor Racing, amongst others, both in retail and online to other Central European jurisdictions.
Steve Rogers, CCO Digital Games, Inspired Gaming Group, commented, "I’m delighted to announce that Inspired’s products are now live in Polish retail venues with Fortuna. This deployment further extends our Virtual Sports global footprint and is completely aligned with our long-term business strategy. I look forward to Inspired’s continued rollout across the Fortuna retail estate, and to also going live online in Poland in the near future."
Michal Hanák, Group Chief Sportsbook Officer, Fortuna Game, added, "Fortuna is excited to be the first to deploy Inspired’s market-leading Virtual Sports products to its Polish customers, and we’re confident that they’ll receive the same positive reception that we’ve witnessed in other Central European jurisdictions. Virtual Sports are proving ever more popular with Fortuna’s customers, and this announcement is testament to our commitment to responding to market demand."
About Inspired Gaming Group (www.inspiredgaminggroup.com)
Inspired Gaming Group (Inspired) is the leading supplier worldwide of Server Based Gaming (SBG), VLT and Virtual Sports systems and games for VLT, lottery, casino, street, bingo and sports betting locations.
The Group's unique Open SBG Core™ software systems, terminals and Virtual Sports products are live in over 30 countries. It is one of the three leading VLT suppliers to Italian lotteries and betting shops. Its Virtual Sports products are deployed in 35 countries and are the leading online, mobile and land-based games in their category worldwide. There are approximately 35,000 gaming terminals on the Inspired Open SBG Core™ platform.
The Group's customer base includes regulated operators of lotteries, casinos, licensed betting offices, gaming halls, bingo halls and regulated online sportsbooks and casinos. Key customers include major regulated gaming companies such as Sisal, Lottomatica, William Hill, Gala Coral Group, Betfred, Ladbrokes, Genting, Paddy Power, Codere, Sky Vegas, PartyGaming, Fortuna, bet365 and Caliente.
Acquired and refinanced in 2010 by leading London investment firm Vitruvian Partners, the largest new private equity fund in Europe, Inspired is focused on the expansion of its SBG leadership into new international markets.
Forward Looking Statements
This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the 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", "outlook", and "project" and other similar expressions that predict or indicate future events or trends or that 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.
Such 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 that could cause actual results to differ materially from the results discussed in the forward-looking statements. Additional factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements can be found in Inspired's most recent annual report on Form 10-K and subsequently filed quarterly reports on Form 10-Q and current reports on Form 8-K, which are available, free of charge, at the SEC's website at www.sec.gov.
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