Business
INSPIRED SIGNS LONG-TERM CONTRACT EXTENSION FOR THE CONTINUED PROVISION OF VIRTUAL SPORTS FOR FLUTTER-OWNED PADDY POWER
NEW YORK, May 22, 2023 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired" or the "Company") (NASDAQ: INSE), a leading B2B provider of gaming content,
About this update from Inspired Entertainment, Inc.
[{"type":"text","content":"NEW YORK, May 22, 2023 /PRNewswire/ -- Inspired Entertainment, Inc. (\"Inspired\" or the \"Company\") (NASDAQ: INSE), a leading B2B provider of gaming content, systems and solutions, announced today that it has signed a long-term contract extension as the provider of Virtual Sports to Paddy Power, a bookmaker that owns and operates over 600 betting shops across the UK and Ireland. Paddy Power is a central brand within Flutter Entertainment plc (LSE: FLTR), a global sports betting, gaming, and entertainment provider.\n\n \n \n \n \n \n \n\n \nAs part of the agreement, Inspired will continue to provide its products to the entire Paddy Power retail estate in the UK and Ireland.\n\"We are thrilled to extend our partnership with Paddy Power in supporting their retail venues across the UK and Ireland, as we have done for the past 12 years,\" said Brooks Pierce, President and Chief Executive Officer of Inspired. \"We will continue to provide Paddy Power with our latest products and technology giving them the advantage of our leading content for their Virtual Sports offerings.\" \n\"We are pleased to extend our relationship with Inspired for Virtual Sports products in all our retail betting shops in the UK and Ireland\" said Vince Bateson, Head of Retail Gaming for Paddy Power. \"Our customers enjoy Virtual products and our ongoing partnership with the Inspired team ensures we continue to provide the best possible experience in our retail shops.\"\nAbout 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 inform...