Inspired Entertainment, with its principally online gaming interests, has reported very positive trends in its business.
The global casino and virtual sports content company, working with many leading online betting operators, said that during 2020 its aggregate revenue rose fro £1.2m in January to £3.1m in December.
The company said that much of the growth came from existing operators in Europe, reflecting the migration of players denied access with bricks-and-mortar venues to online platforms. The launch of the Virtual Plug & Play content helped, as did the acquisition of new customers.
During the year the peak level of casino game play increased from 8,000 plays per minute to over 22,000 and the company expects this growth to continue. In the year the company entered new markets, including Michigan and West Virginia, and expanded its presence in New Jersey. It increased its business with major operator Entain in the UK, with Snaitech in Italy and launched with Stoiximan and OPAP in Greece.
There has been a 50 per cent increase in new slot titles and a new online virtual sports book during the year, plus additional virtuals content.
Said chairman Lorne Weil: “Online gaming is a multi-billion dollar, high-growth segment and we believe that we have barely scratched the surface with our casino and virtual sports products.”
