INSPIRED ANNOUNCES VLT CONTRACT RENEWAL WITH SISAL
NEW YORK, March 21, 2018 -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) today announced that it has reached an agreement whereby it will continue to supply its SBG VLT platform, machines and games content to the Sisal estate in Italy for a further four years.
As part of the agreement, Inspired will supply up to 2,024 SBG VLT terminals to Sisal, provide remote and field services, and continue to deploy circa. six new games from its in-house studio per year.
‘Sisal is a valued and long-established customer of Inspired,’ said Luke Alvarez, President and CEO, Inspired, ‘and I’m delighted to announce that we will continue our business relationship into the future,’ he added. ‘Our Italian VLT business is an incredibly important one, and this agreement is testament to our commitment to its ongoing development,’ he continued.
About Inspired Entertainment, Inc.
Inspired is a global games technology company, supplying Virtual Sports, Mobile Gaming and Server Based Gaming systems with associated terminals and digital content to regulated lottery, betting and gaming operators around the world. Inspired currently operates approximately 30,000 digital gaming terminals and supplies its Virtual Sports products through more than 40,000 retail channels and over 100 websites, in approximately 35 gaming jurisdictions worldwide. Inspired employs approximately 800 employees in the UK and elsewhere, developing and operating digital games and networks.
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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