Search company, investor...
Search

Predict your next investment

Inspired Entertainment company logo
Corporation
LEISURE | Entertainment
inseinc.com

See what CB Insights has to offer

Partners & Customers

10

About Inspired Entertainment

Inspired Entertainment (NASDAQ: INSE) is a New York-based, 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.

Inspired Entertainment Headquarters Location

250 West 57th Street 22/F

New York, New York, 10107,

United States

646-565-3861

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Inspired Entertainment Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Inspired Entertainment Rank

Latest Inspired Entertainment News

Inspired Entertainment reports 72 Q2 revenue increase

Aug 10, 2022

By Peter Lynch Inspired Entertainment has reported revenue of $71.3m for the second quarter of 2022, a 72% increase from the second quarter of 2021. The group noted that the increase reflects a continuation of the trends witnessed in the last quarter, including growth in the company’s aggregate online business, which includes the Virtual Sports and Interactive segments, and ongoing strength in the Gaming and Leisure segments. Leisure revenue represented the highest total within overall revenue, climbing 130% year-on-year to $26m, with Gaming revenue increasing 57% year-on-year to $25.5m. Virtual Sports revenue grew 71% year-on-year to $14m, with Interactive revenue remaining flat year-on-year at $5.8m. Net income for the period was $7.5m, from a net loss of $43.8m in the prior-year period. And adjusted EBITDA increased 227% year-on-year to $26.1m, with the adjusted EBITDA margin improving from 19% in Q2 2021 to 37% in Q2 2022. “This quarter's underlying performance is a testament to the resiliency of our diversified business model as well as what we perceive to be the continued strength in consumer spending across our segments – notwithstanding ongoing macro trends,” said Inspired Entertainment Executive Chairman Lorne Weil. “Virtual Sports was, once again, the standout in the quarter, producing its fourth record-setting revenue and adjusted EBITDA quarter in a row, with online Virtual Sports doubling year-over-year versus strong comparatives, speaking to our strong product development and increased market penetration. “Interactive revenue increased year-over-year on a functional currency basis as we increased our footprint through numerous integrations. In our land-based business, we’re delighted to see that customer gross win per unit in betting shops and holiday parks was ahead of pre-Covid levels as consumers continue to frequent betting shops and pubs and are staying local for holidays.” Earlier this month in the wider sports betting world, DraftKings reported Q2 2022 revenue of $466m, a 57% increase from Q2 2021, while in July Kambi Group reported a 19% decline in Q2 revenue to €34.7m ($35.2m).

Inspired Entertainment Acquisitions

2 Acquisitions

Inspired Entertainment acquired 2 companies. Their latest acquisition was Sportech Lotteries on January 04, 2022.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

1/4/2022

$99M

Acquired

4

9/20/2019

Subscribe to see more

$99M

Subscribe to see more

10

Date

1/4/2022

9/20/2019

Investment Stage

Companies

Subscribe to see more

Valuation

$99M

$99M

Total Funding

Note

Acquired

Subscribe to see more

Sources

4

10

Inspired Entertainment Partners & Customers

10 Partners and customers

Inspired Entertainment has 10 strategic partners and customers. Inspired Entertainment recently partnered with Sisal on March 3, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

3/25/2022

Licensee

Italy

1

3/4/2022

Partner

United States

Inspired Entertainment partners with DraftKings for Connecticut iGaming

Inspired Entertainment has launched its portfolio of gambling content in Connecticut , partnering with DraftKings .

1

11/16/2021

Client

Malta

08:09 ET Inspired Signs Multi-Market Online Virtual Sports Contract With Novibet

Novibet is an online gaming operator - licensed and regulated by UKGC , MGA , HGC and ADM - committed to delivering the best sports betting and gaming experience to an ever-expanding customer base .

1

11/16/2021

Licensee

Malta

Subscribe to see more

Subscribe to see more

10

11/3/2021

Client

Serbia, Republic of

Subscribe to see more

Subscribe to see more

10

Date

3/25/2022

3/4/2022

11/16/2021

11/16/2021

11/3/2021

Type

Licensee

Partner

Client

Licensee

Client

Business Partner

Country

Italy

United States

Malta

Malta

Serbia, Republic of

News Snippet

Inspired Entertainment partners with DraftKings for Connecticut iGaming

Inspired Entertainment has launched its portfolio of gambling content in Connecticut , partnering with DraftKings .

08:09 ET Inspired Signs Multi-Market Online Virtual Sports Contract With Novibet

Novibet is an online gaming operator - licensed and regulated by UKGC , MGA , HGC and ADM - committed to delivering the best sports betting and gaming experience to an ever-expanding customer base .

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

1

1

10

10

Inspired Entertainment Team

2 Team Members

Inspired Entertainment has 2 team members, including former Chief Executive Officer, President, Luke Alvarez.

Name

Work History

Title

Status

Luke Alvarez

Chief Executive Officer, President

Former

Subscribe to see more

Subscribe to see more

Subscribe to see more

Name

Luke Alvarez

Subscribe to see more

Work History

Title

Chief Executive Officer, President

Subscribe to see more

Status

Former

Subscribe to see more

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.