Inspired Entertainment

Inspired Entertainment, Inc. is a game technology company, which engages in the provision of gaming systems. It operates through the following segments: Gaming, Virtual Sports, Interactive, Leisure, and Corporate. The Gaming segment supplies gaming terminals as well as gaming software and games for the terminals. The Virtual Sports segment designs, develops, markets, and distributes ultra-high-definition games that create an always-on sports wagering experience in betting shops, other locations, and online. The Interactive segment uses unique interactive-only content to create games that are hosted on remote gaming servers. The Leisure segment offers gaming terminals and amusement machines to the leisure and hospitality sectors. The Corporate segment consists of selling, general and administrative expenses, depreciation and amortization, capital expenditures, and right of use assets. The company was founded on May 30, 2014 and is headquartered in New York, NY.

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Earnings data Q3 2024

Earnings data Q4 2024

Inspired Entertainment hits $100M EBITDA milestone, eyes digital growth

Inspired Entertainment reported strong financial performance in 2022, driven by digital businesses and key partnerships.
While facing challenges in cabinet installations and EBITDA margins, the company remains optimistic about growth opportunities.
Management's focus on content creation, capacity expansion, and strategic capital allocation sets a positive outlook for 2023.
The company's sustainable margins, upcoming iLottery platform launch, and VLT market focus position it for continued success.

Inspired Entertainment (INSE) reports robust Q1 performance and eyes growth opportunities

Inspired Entertainment (INSE) delivered a strong Q1 performance driven by digital business growth and gaming machines' success in the UK. Despite challenges in partnerships and margin expectations, the company remains optimistic about opportunities in iLottery, content expansion, and Vantage terminal deployment.

Inspired Entertainment reports mixed Q2 results, eyes growth opportunities

Inspired Entertainment's Q2 performance showcased mixed results with strong digital business growth and challenges in gaming and leisure segments.
The company's strategic focus on M&A opportunities and potential distributed gaming legalization in North Carolina positions it for future growth.
Despite short-term challenges, Inspired Entertainment expresses confidence in positive growth for the second half of the year.
Overall, the company remains optimistic about its future outlook and expresses gratitude to participants in the earnings call.

Inspired Entertainment reports Q3 performance, plans growth acceleration strategies

Inspired Entertainment's Q3 2023 performance was solid, with a focus on compliance and EBITDA adjustments.
The company's strengths lie in the Interactive digital business, success in retail with the Vantage cabinet, and plans for growth acceleration.
Challenges include plateauing Virtual Sports business, retail EBITDA decline, and addressing issues in holiday parks business.
Opportunities for Inspired Entertainment include new product launches, market expansions, and strategic focus on growth areas like iLottery.

Inspired Entertainment reports robust Q4 earnings and strategic growth plans

Inspired Entertainment delivered solid financial performance in Q4 2023, driven by growth in the Digital and Interactive segments and strong retail business results.
The company's strategic initiatives to enhance cost efficiency, introduce new products, and expand into key markets position it well for future growth and profitability.
While facing challenges in Virtual Sports growth and leverage management, Inspired Entertainment remains focused on maximizing revenue and driving shareholder value.
Overall, Inspired Entertainment's performance highlights its resilience, adaptability, and strategic focus on sustainable growth in the gaming and entertainment industry.

Inspired Entertainment overcomes challenges, anticipates growth in Q2

Inspired Entertainment navigated challenges in Q1 2024 while showing strength in key business segments. Strategic initiatives for margin expansion and cost reduction are underway to drive growth. Anticipated improvements in EBITDA and market share gains position the company for future success.

Inspired Entertainment reports robust Q3 performance and eyes global expansion

Overall, Inspired Entertainment demonstrated strong financial performance and strategic initiatives to drive growth across various segments.
The company's focus on digital business growth, new market expansions, and operational efficiencies positions it well for future success.
While facing challenges in certain segments, Inspired Entertainment's proactive approach to restructuring and strategic reviews shows a commitment to long-term sustainability.

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Inspired Entertainment, Inc. is a game technology company, which engages in the provision of gaming systems. It operates through the following segments: Gaming, Virtual Sports, Interactive, Leisure, and Corporate Functions. The Gaming segment supplies gaming terminals as well as gaming software and games for the terminals. The Virtual Sports segment designs, develops, markets, and distributes ultra-high-definition games that create an always-on sports wagering experience in betting shops, other locations, and online. The Interactive segment uses unique interactive-only content to create games that are hosted on remote gaming servers. The Leisure segment offers gaming terminals and amusement machines to the leisure and hospitality sectors. The Corporate Functions segment includes selling, general and administrative expenses, depreciation and amortization, capital expenditures, and right of use assets. The company was founded on May 30, 2014 and is headquartered in New York, NY.

Inspired Entertainment, Inc. (INSE) Q3 2024 Earnings Call Transcript

NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Inspired Entertainment, Inc. (“Inspired” or the “Company”) (NASDAQ: INSE), a leading B2B provider of gaming content, technology, hardware and services, today reported financial results for the three-month period ended September 30, 2024.

Inspired Reports Third Quarter 2024 Results

NEW YORK, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Inspired Entertainment, Inc. (NASDAQ: INSE), a leading B2B provider of gaming content, technology, hardware, and services, is pleased to announce a strategic partnership with FanDuel, one of the premier online gaming platforms in the United States. This collaboration will see the integration of Inspired's Hybrid Dealer suite of content and the development of a bespoke game tailored specifically for FanDuel's audience.

Inspired Entertainment Partners with FanDuel to Launch a Suite of Hybrid Dealer Games and Bespoke Sports-Themed Wheel Game

NEW YORK, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Inspired Entertainment, Inc. ("Inspired" or the "Company") (NASDAQ: INSE), a leading provider of B2B gaming content, systems, and solutions, is excited to announce a long-term extension of its successful Virtual Sports partnership with OPAP, Greece's leading gaming company. Since the launch of Inspired's Virtual Sports product category in 2017, the Company has exclusively provided an engaging portfolio of Virtual Sports across OPAP's extensive network of more than 3,000 retail venues in Greece.

Inspired Entertainment and OPAP Extend Successful Virtual Sports Partnership

NEW YORK, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Inspired Entertainment, Inc. (“Inspired” or the “Company”) (NASDAQ: INSE), a leading B2B provider of gaming content, technology, hardware, and services, is excited to announce the upgrade of 4,000 Video Lottery Terminals (VLTs) for its long-term partner, OPAP, Greece's leading gaming company. As OPAP's largest VLT supplier, with more than 9,400 machines already in the market, Inspired will provide 4,000 of its latest VLTs, including the global launch of the innovative Valor Slant VLT.

Inspired Entertainment Refreshes Long-Term Partner OPAP's VLT Offering with Launch of 4,000 Valor Slant and Vantage Machines

NEW YORK, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Inspired Entertainment, Inc. ("Inspired" or the "Company") (NASDAQ: INSE), a leading provider of B2B gaming content and systems, is set to showcase its latest advancements at the Global Gaming Expo (G2E) at the Venetian in Las Vegas, Nevada from October 10-12. The Company is excited to highlight the drivers behind its transformation of the gaming experience.

Inspired Unveils Must-Have Solutions at G2E: Transforming the Gaming Experience with Hybrid Dealer®, Valiant Cabinet Launch, Award-Winning Virtuals and Mechanics at Booth #4216

NEW YORK, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Inspired Entertainment, Inc. ("Inspired" or the "Company") (NASDAQ: INSE), a leading provider of B2B gaming content, systems, and solutions, announced Loto-Québec will be the first customer in Canada to offer the Hybrid Dealer Roulette game in the fourth quarter of 2024.

Inspired Entertainment to Launch Revolutionary Hybrid Dealer Roulette Game in Canada with Loto-Québec

Inspired Entertainment, Inc. (NASDAQ:INSE ) Q2 2024 Results Conference Call August 2, 2024 8:00 AM ET Company Participants Lorne Weil - Executive Chairman Brooks Pierce - CEO Marilyn Jentzen - Interim-CFO Eric Carrera - Corporate Finance Professional Conference Call Participants Barry Jonas - Truist Securities Jordan Bender - Citizens JMP Chad Beynon - Macquarie Ryan Sigdahl - Craig-Hallum Operator Good morning, everyone, and welcome to the Inspired Entertainment Second Quarter 2024 Conference Call. All lines have been placed on mute to prevent any background noise.

Inspired Entertainment, Inc. (INSE) Q2 2024 Earnings Call Transcript

Although the revenue and EPS for Inspired Entertainment (INSE) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, Inspired Entertainment (INSE) Q2 Earnings: A Look at Key Metrics

Inspired Entertainment (INSE) came out with quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.14 per share a year ago.

Inspired Entertainment (INSE) Lags Q2 Earnings Estimates

NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Inspired Entertainment, Inc. (“Inspired” or the “Company”) (NASDAQ: INSE), a leading B2B provider of gaming content, technology, hardware and services, today reported financial results for the three-month period ended June 30, 2024.

Inspired Reports Second Quarter 2024 Results

NEW YORK, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Inspired Entertainment, Inc. (NASDAQ: INSE), a leading provider of B2B gaming content, technology, hardware, and services, is pleased to announce a new strategic partnership with Mecca Bingo, one of the UK's premier bingo operators. As part of this significant contract, Inspired will supply an additional 170 state-of-the-art gaming machines to Mecca Bingo's extensive estate, complementing those already in operation.

Inspired Announces Major Contract with Mecca Bingo for Installation of 170 New Machines Across UK Estate

Besides Wall Street's top -and-bottom-line estimates for Inspired Entertainment (INSE), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2024.

Ahead of Inspired Entertainment (INSE) Q2 Earnings: Get Ready With Wall Street Estimates for Key Metrics

NEW YORK, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Inspired Entertainment, Inc. (NASDAQ: INSE), a leading provider of B2B gaming content, technology, hardware, and services, is excited to announce that it has partnered with Scientific Games as the latest game studio to join the SG Content Hub Partner Program, the global lottery industry's premier content delivery platform. Inspired's portfolio of lifelike Virtual Sports featuring some of the most exciting professional leagues and teams will now be available to Scientific Games iLottery customers around the world.

Inspired Entertainment Joins Scientific Games' SG Content Hub Partner Program

NEW YORK, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Inspired Entertainment, Inc. (NASDAQ: INSE), a leading provider of B2B gaming content, technology, hardware, and services, and BetMGM, a leading iGaming and sports betting operator, announced today that the innovative Hybrid Dealer® game MGM Bonus City is now available in Michigan. The game debuted in October 2023 in New Jersey and is available exclusively at BetMGM Casino.

BetMGM and Inspired Entertainment Bring MGM Bonus City to Michigan

NEW YORK, July 29, 2024 (GLOBE NEWSWIRE) -- Inspired Entertainment, Inc. (NASDAQ: INSE), a leading provider of B2B gaming content, technology, hardware, and services, is pleased to announce the expansion of its partnership with bet365, a premier online gambling operator and longtime partner.

Inspired Entertainment and bet365 Expand Partnership to Deliver Premium iGaming Content in Pennsylvania

NEW YORK, July 26, 2024 (GLOBE NEWSWIRE) -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE), a leading B2B provider of gaming content, technology, hardware and services, announced that it will report financial results for the second quarter ended June 30, 2024 on Thursday, August 8, 2024, before the market opens. Inspired management will host a conference call and simultaneous webcast at 8:00 a.m. ET / 1:00 p.m. in the UK the same day to discuss the Company's results and general business trends.

Inspired to Report Second Quarter 2024 Results and Hold Conference Call on August 8

NEW YORK, June 20, 2024 (GLOBE NEWSWIRE) -- Inspired Entertainment, Inc. (NASDAQ: INSE) (“Inspired” or the “Company”), a leading B2B provider of gaming content, technology, hardware and services, today announced that it entered a six-year extension of its long-term partnership agreement with William Hill, the iconic sports betting and gaming brand operating approximately 1,300 betting shops in the United Kingdom. William Hill is a principal brand within evoke plc (LSE: EVOK), a global betting and gaming company.

Inspired Entertainment and William Hill Extend Long-Term Partnership

Completion of Successful Trial Leads to Addition of Valor® Cabinets in Alberta Completion of Successful Trial Leads to Addition of Valor® Cabinets in Alberta

Inspired Entertainment Partners with AGLC

Inspired Entertainment, Inc. (NASDAQ:INSE ) Q1 2024 Earnings Conference Call May 10, 2024 8:30 AM ET Company Participants Lorne Weil - Executive Chairman Brooks Pierce - CEO Marilyn Jentzen - Interim-CFO Eric Carrera - Corporate Finance Professional Conference Call Participants Barry Jonas - Truist Securities Ryan Sigdahl - Craig-Hallum Capital Group Jordan Bender - Citizens JMP David Bain - B. Riley Securities Chad Beynon - Macquarie Operator Good morning, everyone, and welcome to the Inspired Entertainment First Quarter 2024 Conference Call.

Inspired Entertainment, Inc. (INSE) Q1 2024 Earnings Call Transcript

First Quarter Revenue of $63.1 million versus $64.9 million in the prior year period First Quarter Net Loss of $(5.7) million First Quarter Adjusted EBITDA of $16.3 million Expanded video lottery terminal placements by Western Canada Lottery Corporation with 720 Additional Valor™ Terminals in Saskatchewan Announced the exclusive launch of its NBA Re-Play Virtual Sports product with long-time partner OPAP NEW YORK, May 10, 2024 (GLOBE NEWSWIRE) -- Inspired Entertainment, Inc. (“Inspired” or the “Company”) (NASDAQ: INSE), a leading B2B provider of gaming content, technology, hardware and services, today reported financial results for the three-month period ended March 31, 2024. “As we begin 2024, we remained focused on our long-term strategy to shift a greater proportion of our earnings to our aggregate digital business, which includes our Virtual Sports and Interactive segments.

Inspired Reports First Quarter 2024 Results

NEW YORK, May 10, 2024 (GLOBE NEWSWIRE) -- Inspired Entertainment, Inc. (“Inspired” or the “Company”) (NASDAQ: INSE), a leading B2B provider of gaming content, systems and solutions, today announced the debut of its NBA Re-Play Virtual Sports product exclusively in Greece with long-time partner OPAP. OPAP is the leading gaming company in Greece and one of the most renowned internationally, offering a wide range of games, including numerical lotteries, sports betting, passive lotteries, scratch cards, etc.

Inspired Exclusively Launches Virtual Sports Betting Game, “NBA Re-Play”, With OPAP

NEW YORK, May 02, 2024 (GLOBE NEWSWIRE) -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE), a leading B2B provider of gaming content, technology, hardware and services, announced that it will report financial results for the first quarter ended March 31, 2024 on Friday, May 10, 2024, before the market opens. Inspired management will host a conference call and simultaneous webcast at 8:30 a.m. ET / 1:30 p.m. in the UK the same day to discuss the Company's results and general business trends.

Inspired to Report First Quarter 2024 Results and Hold Conference Call on May 10

NEW YORK, April 16, 2024 (GLOBE NEWSWIRE) -- Inspired Entertainment, Inc. (“Inspired” or the “Company”) (NASDAQ: INSE), a leading B2B provider of gaming content, systems, and solutions, today announced that it has been awarded an additional 720 Valor™ video lottery terminal (“VLT”) placements by Western Canada Lottery Corporation (“WCLC”), on behalf of Lotteries and Gaming Saskatchewan (“LGS”), following a formal Request for Quotation (“RFQ”) process. Inspired expects to deliver the additional Valor™ terminals by the end of 2024, with new games to be released in the beginning of 2025.

Inspired Expands VLT Footprint in Saskatchewan with 720 Additional Valor™ Terminals

Inspired Entertainment, Inc. (NASDAQ:INSE ) Q4 2023 Earnings Conference Call April 15, 2024 9:00 AM ET Company Participants Lorne Weil - Executive Chairman Brooks Pierce - President and Chief Executive Officer Conference Call Participants David Bain - B. Riley Chad Beynon - Macquarie Ryan Sigdahl - Craig-Hallum Capital Group Operator Good morning everyone, and welcome to the Inspired Entertainment Fourth Quarter 2023 Conference Call.

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