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 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.
The Valor Slant is a standout addition to Inspired's successful Valor family, designed exclusively for the Greek market, aiming to deliver an exceptional gaming experience. Featuring dual 32-inch HD screens, it combines stunning visuals with advanced technology and immersive sound, creating an unparalleled gaming environment. The Valor Slant complements OPAP's VLT product range, joining the already proven and high-performance Valor and Vantage cabinets.
"OPAP has been a valued partner for Inspired, and we are thrilled to strengthen this collaboration," said Brooks Pierce, President and CEO of Inspired. "The introduction of the Valor Slant, along with the addition of Vantage cabinets, provides OPAP with an ideal range of VLTs that cater to player preferences."
"The refreshment of our VLTs fleet is a priority for OPAP. Our goal is to always meet and exceed customer expectations, offering them state-of-the-art machines and engaging new games, which allow us to always be one step ahead. Therefore, we are pleased to be cooperating with Inspired Entertainment for the introduction of their innovative Valor Slant cabinets and the expansion of our Vantage machine lineup," said Jan Karas, Chairman and CEO of OPAP.
The rollout of the Valor Slant and additional Vantage machines is set to begin in the coming months, further enhancing OPAP's offerings and meeting the demand for premium gaming experiences.
About Inspired Entertainment, Inc. (NASDAQ:INSE)
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 information can be found at www.inseinc.com.
Forward-Looking Statements
This news release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the U.S. 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," "will," "would" and "project" and other similar expressions that indicate future events or trends or 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.
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 and all of which could cause actual results to differ materially from the results discussed in the forward-looking statements. Accordingly, forward-looking statements should not be relied upon as representing Inspired's views as of any subsequent date and Inspired does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as required by law. You are advised to review carefully the "Risk Factors" section of Inspired's annual report on Form 10-K for the fiscal year ended December 31, 2023, and in subsequent quarterly reports on Form 10-Q, which are available, free of charge, on the U.S. Securities and Exchange Commission's website at www.sec.gov and on Inspired's website at www.inseinc.com.
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