Inspired Entertainment Partners with Jenningsbet for Terminal Supply
Inspired Entertainment Forms New Alliance with Jenningsbet
Inspired Entertainment, Inc. (NASDAQ: INSE), a prominent name in the gaming industry, has recently announced a significant partnership with Jenningsbet, the UK's largest independent retail bookmaker. This exciting agreement stands as a testament to Inspired's growth in delivering innovative gaming solutions across various platforms.
About Jenningsbet and Their Legacy
Established in 1961, Jenningsbet has earned a sterling reputation within the betting community, overseeing nearly 200 retail betting shops. This family-owned business prides itself on its commitment to integrity, providing an excellent customer experience through quality services. Jenningsbet continues to adapt and evolve, ensuring it stays ahead in the highly competitive market.
Details of the Collaborative Effort
The newly secured agreement spans five years, allowing Inspired Entertainment to supply approximately 570 of its advanced Vantage terminals to 144 Jenningsbet locations. This collaboration marks a significant milestone where both companies aim to enhance the customer experience in retail betting.
Brooks Pierce, the President and CEO of Inspired Entertainment, expressed enthusiasm about the partnership, noting, “We are delighted and privileged to partner with Jenningsbet, the largest independent bookmaker in the UK. The collaborative endeavor signifies a pivotal moment for our growth as we work closely with their team to ensure a smooth rollout.”
Innovation at the Forefront
Jenningsbet CEO Greg Knight echoed these sentiments, stating, “We are thrilled to partner with Inspired and incorporate their cutting-edge Vantage terminals into our shops. This partnership aligns perfectly with our ongoing commitment to supreme quality and customer satisfaction.” Such innovations pave the way for an elevated betting experience and secure Jenningsbet's position as a future-ready operator.
Inspired's Commitment to Gaming Excellence
This partnership emphasizes Inspired Entertainment's ongoing dedication to providing top-level gaming solutions to high-profile operators worldwide. By hosting an increasingly diverse lineup of content and technology, Inspired enhances the dynamic landscape of the gaming sector, ensuring enhanced revenue growth for its partners.
A Broad Portfolio of Services
Beyond terminals, Inspired Entertainment offers a rich array of gaming products, technology solutions, and interactive services. Operating across approximately 35 jurisdictions globally, Inspired’s innovative gaming systems reach nearly 50,000 gaming machines found in various establishments like betting shops, pubs, and gaming halls. These offerings also encompass virtual sports products available at over 32,000 retail venues and online platforms, marking a robust presence in the gaming industry. With more than 16,000 terminals, Inspired continues to forge pathways for immersive gaming experiences.
Future Prospects for Both Organizations
As Inspired Entertainment and Jenningsbet embark on this collaborative journey, the future looks promising for both organizations. The supply of the Vantage terminals is expected to revitalize Jenningsbet's operational capabilities and enhance customer engagement. The rollout of these terminals is anticipated to commence in the latter part of the year, marking a new chapter for both companies as they align their vision and goals for growth.
Frequently Asked Questions
What agreement did Inspired Entertainment secure?
Inspired Entertainment secured a five-year supply agreement with Jenningsbet to provide Vantage terminals to their retail outlets.
How many terminals will Inspired supply to Jenningsbet?
Inspired will supply approximately 570 Vantage terminals to 144 Jenningsbet locations.
When is the rollout of these terminals scheduled to begin?
The rollout of the Vantage terminals is set to commence in the fourth quarter of 2025.
What does this partnership signify for Inspired Entertainment?
This partnership underscores Inspired’s commitment to providing high-quality gaming solutions to leading operators, enhancing their market presence.
Who can I contact for more information about Inspired Entertainment?
You can reach out to Inspired’s investor relations via email at IR@inseinc.com or call +1 646 277-1285 for inquiries.
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