Inspired Entertainment- INSE

Beleggen in aandelen beurs New York, Dow Jones, Nasdaq-100 en S&P500
Plaats reactie
Munnybunny
Forum veteraan
Forum veteraan
Berichten: 1173
Lid geworden op: 17 sep 2014 14:20
waarderingen: 494
Contacteer:

Inspired Entertainment- INSE

Bericht door Munnybunny »

Inspired biedt diensten aan voor gereguleerde gaming, weddenschappen, loterijen en vrijetijdsactiviteiten via retail- en mobiele kanalen over de hele wereld. Het bedrijf is actief in ongeveer 35 landen wereldwijd vnl in de UK en levert goksystemen met bijbehorende terminals en content voor meer dan 50.000 gokautomaten in gokwinkels, pubs, gokhallen en andere virtuele sportproducten.

Nu meer en meer landen uit de lockdown komen, verwacht ik snel een stijging van de koers.

In aan $3,80.





Volg Beursig.com op Twitter en Facebook

     


Munnybunny
Forum veteraan
Forum veteraan
Berichten: 1173
Lid geworden op: 17 sep 2014 14:20
waarderingen: 494
Contacteer:

Re: Inspired Entertainment- INSE

Bericht door Munnybunny »

Bijgekocht $2,94

Munnybunny
Forum veteraan
Forum veteraan
Berichten: 1173
Lid geworden op: 17 sep 2014 14:20
waarderingen: 494
Contacteer:

Re: Inspired Entertainment- INSE

Bericht door Munnybunny »

Inspired Entertainment and Scientific Games Enter Licensing Deal for Virtual Sports

NEW YORK, June 16, 2020 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) today announced that it has signed a licensing agreement with Scientific Games to make Inspired's leading Virtual Sports content available through OpenMarketTM, Scientific Games' industry-first aggregation platform for sports betting.

Inspired's Virtual Sports use lifelike graphics to mimic the experience of real sports betting, thanks to technology that has evolved over nearly two decades. Each event lasts around 90 seconds and games are designed to be easy to play. Inspired offers the largest array of sports available 24/7, providing a consistent stream of sports betting content even at times when live sports are not feasible. Virtual Sports provide new revenue streams for gaming providers that can be integrated easily into existing sportsbooks and websites. Trailers and demos of the latest Virtual Sports offerings are available at www.inseinc.com/virtuals/.

The addition of Inspired's range of Virtual Sports further strengthens Scientific Games' OpenMarket content offering. Through a single integration, digital sportsbooks can expand their portfolio with these engaging events to increase bettor engagement.

"Virtual Sports have been a great complementary product to live sports," said Keith O'Loughlin, SVP Sportsbook, Digital for Scientific Games. "But with major professional sports on hold due to the COVID-19 crisis, Virtual Sports are helping fill a big void. We're thrilled to partner with Inspired Entertainment so our partners can offer their customers realistic computer-generated re-creations of their favorite sports, and keep customers engaged between games once live sports are back."

Inspired President and Chief Operating Officer Brooks Pierce said, "We are very excited about this opportunity to work with Scientific Games in bringing Virtual Sports to their customers' passionate fans. Inspired has built the largest and most advanced portfolio of Virtual Sports, and we're tailoring our products with a combination of fast-paced action, ultra-realistic player simulations and a tremendous breadth of bet types. We are looking forward to working with Scientific Games and their wide global reach to bring a continual stream of betting content to their partners' customers, especially at this time when live sports content is so limited."

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 50,000 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.

Munnybunny
Forum veteraan
Forum veteraan
Berichten: 1173
Lid geworden op: 17 sep 2014 14:20
waarderingen: 494
Contacteer:

Re: Inspired Entertainment- INSE

Bericht door Munnybunny »

Zeer goed nieuws.
- overeenkomst met geldschieters om convenanten te wijzigen zonder de noodzaak om extra kapitaal aan te trekken
- voldoende cash
- business re-opening

Inspired Entertainment (INSE) Enters Into Agreement With Lenders To Amend Covenants Without Requirement To Raise Additional Capital

June 25, 2020 8:02 AM
Inspired Entertainment, Inc. ("Inspired" or the "Company") (NASDAQ: INSE) today announced that it has entered into an agreement with its lenders to amend its Senior Facilities Agreement dated September 27, 2019 (the "Amendment"). The Amendment modifies the financial covenants and does not require Inspired to raise any additional capital.

"We are pleased to have entered into this agreement following a highly-constructive dialogue with our lenders. Further, we are gratified at the support shown by our lenders for the successes that Management has achieved in significantly lowering our operating costs in the face of the global Covid-19 pandemic while navigating the Company to this point. At the same time, Inspired has further benefitted from the expansion of our Interactive business during the pandemic," said Lorne Weil, Executive Chairman of Inspired.


Mr. Weil continued, "As a result of these efforts, as of June 22, 2020, we had over $46 million1 in cash on hand, providing what we believe to be an appropriate level of liquidity for the business. Given our current liquidity and minimal operating cash burn, we believe we are well-positioned as our land-based customers have begun the process of reopening."

Mr. Weil concluded, "While early in the process, we have been pleased with initial reports of business volumes in the land-based markets in which our customers have reopened, and we expect to provide additional detail as to the level of business volumes in these markets over the coming weeks."

Further details regarding the Amendment will be contained in a Current Report on Form 8-K that the Company will be filing with the Securities and Exchange Commission (the "SEC"). This filing will be available on the SEC's website at www.sec.gov and in the Investors section of the Company's corporate website at www.inseinc.com.

Deelnemen aan het forum + meer functies?

Discussieer met duizenden beleggers, minder
advertenties, ideaal voor smartphone, betere
gebruikservaring en gratis abonneren op favoriete
onderwerpen. Registreer binnen 1 minuut!


Plaats reactie