Inspired Entertainment Secures iGaming Supplier Registration in Alberta
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
0mins
Should l Buy INSE?
Source: seekingalpha
- Market Access Approval: Inspired Entertainment has received approval from the Alberta Gaming, Liquor and Cannabis Commission, registering as an iGaming Goods or Services Supplier, which marks a significant position for the company in the upcoming regulated iGaming market.
- Expansion Opportunities: Alberta will become the second Canadian province to introduce a regulated commercial online casino and sports betting market, with a planned launch in Q3, providing Inspired Entertainment with further opportunities to expand its presence in North America.
- Partnership Advantages: The company is already active in the province through its partnership with Play Alberta, and the live experience from Play Alberta offers valuable insights into the market, regulatory environment, and player preferences, enhancing its market adaptability.
- Stock Performance: Despite gaining new opportunities in the market, Inspired Entertainment's shares have declined by 24.4% year-to-date, indicating a cautious market sentiment regarding its future performance.
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Analyst Views on INSE
Wall Street analysts forecast INSE stock price to rise
4 Analyst Rating
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 6.750
Low
12.00
Averages
16.33
High
20.00
Current: 6.750
Low
12.00
Averages
16.33
High
20.00
About INSE
Inspired Entertainment, Inc. is a business-to-business provider of gaming content, technology, hardware, and services. The Company offers a portfolio of content, technology, hardware and services for regulated gaming, betting and lottery operators across land-based and mobile channels around the world. Its Gaming segment supplies gaming terminals as well as gaming software and games for the terminals provided to betting offices, casinos, gaming halls and high street adult gaming centers. Its Virtual Sports segment designs, develops, markets, and distributes games that create an always-on sports wagering experience in betting shops and other locations and online. Its Interactive segment uses interactive-only content as well as offerings from its Gaming and Virtual Sports segments to create games that are hosted on remote gaming servers. It operates in approximately 35 jurisdictions, supplying gaming systems with associated terminals and content for approximately 75,000 gaming machines.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Inspired Entertainment Secures iGaming Supplier Registration in Alberta
- Market Access Approval: Inspired Entertainment has received approval from the Alberta Gaming, Liquor and Cannabis Commission, registering as an iGaming Goods or Services Supplier, which marks a significant position for the company in the upcoming regulated iGaming market.
- Expansion Opportunities: Alberta will become the second Canadian province to introduce a regulated commercial online casino and sports betting market, with a planned launch in Q3, providing Inspired Entertainment with further opportunities to expand its presence in North America.
- Partnership Advantages: The company is already active in the province through its partnership with Play Alberta, and the live experience from Play Alberta offers valuable insights into the market, regulatory environment, and player preferences, enhancing its market adaptability.
- Stock Performance: Despite gaining new opportunities in the market, Inspired Entertainment's shares have declined by 24.4% year-to-date, indicating a cautious market sentiment regarding its future performance.
See More
Inspired Entertainment Launches Premium iGaming Portfolio in South Africa
- Market Expansion: Inspired Entertainment has launched its premium iGaming portfolio in South Africa, initially partnering with six customers, including Hollywood Bets and Betway, which together represent a significant share of the online gaming market, marking an important milestone in the company's expansion into a rapidly growing market.
- Market Potential: The South African market is forecasted to double in size by 2030, and Inspired Entertainment's entry not only capitalizes on this growth potential but also enhances its competitive edge by providing approximately 90% market coverage through collaborations with well-known operators.
- Technical Collaboration: The launch is enabled through an ongoing agreement with Light & Wonder, distributing via its iGaming content marketplace, showcasing the company's continued growth and technological integration capabilities in the global interactive market.
- Innovative Experience: Inspired Entertainment emphasizes delivering localized gaming experiences for South African players, aiming to attract more users through innovative and high-quality game content, thereby further solidifying its position in the international market.
See More
INSPIRED ENTERTAINMENT GROWS INTERNATIONAL IGAMING FOOTPRINT WITH SOUTH AFRICA LAUNCH
Expansion of Global Presence: Inspired Entertainment is expanding its global gaming presence by launching operations in South Africa.
Strategic Growth: This move is part of Inspired's strategy to enhance its footprint in the international gaming market.
See More
Virtual Sports Betting Market Rapid Growth
- Significant Market Potential: Market research estimates that the virtual sports betting market will reach $17.6 billion by 2026 and grow to $57 billion by 2033, indicating strong growth potential that attracts investor interest.
- 24/7 Betting Opportunities: V-Sports provides continuous betting opportunities, helping sportsbooks maintain consistent customer engagement and revenue streams between live events, particularly reducing loss risks faced in two of the last three Super Bowls.
- Innovative Collaboration Launch: Inspired Entertainment announced a partnership with BetMGM and Borgata Online to launch its virtual sports products, including V-Play Soccer, Basketball, and NFL-themed V-Play Football in New Jersey, further expanding market share.
- Enhanced User Experience: Inspired's virtual sports combine broadcast-quality visuals with frequent betting opportunities, with CEO Brooks Pierce emphasizing that integrating virtual sports into main betting platforms significantly boosts revenue, reflecting trends in the modern betting industry.
See More
Inspired Entertainment Reports Record Q4 2025 EBITDA Growth and Strong Digital Momentum
- Financial Performance Breakthrough: Inspired Entertainment achieved a 53% revenue growth and a 60% EBITDA increase in Q4 2025, with EBITDA reaching $111 million and a record margin of 42%, showcasing the company's success in its digital business transformation.
- Clear Strategic Direction: Management projected 2026 EBITDA guidance of $112 million to $118 million, reflecting confidence in low double-digit growth, while aiming to increase the digital business's EBITDA contribution from 51% to over 60%, further enhancing profitability.
- Capital Expenditure Optimization: Cash CapEx for 2025 was approximately $44 million, with management emphasizing a focus on asset-light business models to reduce capital expenditures and enhance overall financial flexibility, ensuring competitiveness amid market changes.
- Optimistic Market Outlook: Management expressed strong confidence in future growth momentum, particularly in North America and the U.K., highlighting the significance of the successful partnership with BetMGM for the company's long-term development.
See More
Inspired Entertainment Reports Q4 Earnings with Mixed Results
- Earnings Report: Inspired Entertainment's Q4 non-GAAP EPS of -$0.18 missed expectations by $0.39, indicating challenges in profitability that may affect investor confidence moving forward.
- Revenue Performance: The fourth quarter revenue of $77.2 million represents a 7% year-over-year decline, although it exceeded expectations by $1.12 million, persistent revenue decline could pose pressure on future growth.
- Interactive Revenue Surge: The company achieved record interactive revenue in Q4, up 53% year-over-year, providing crucial support to overall revenue and demonstrating strong performance in the digital entertainment sector.
- Future Outlook: The first quarter of 2026 is expected to see adjusted EBITDA increase by at least 20% year-over-year, with full-year adjusted EBITDA projected between $112 million and $118 million, reflecting the company's confidence in future profitability, though market reactions remain to be seen.
See More
Inspired Entertainment Secures iGaming Supplier Registration in Alberta
- Market Access Approval: Inspired Entertainment has received approval from the Alberta Gaming, Liquor and Cannabis Commission, registering as an iGaming Goods or Services Supplier, which marks a significant position for the company in the upcoming regulated iGaming market.
- Expansion Opportunities: Alberta will become the second Canadian province to introduce a regulated commercial online casino and sports betting market, with a planned launch in Q3, providing Inspired Entertainment with further opportunities to expand its presence in North America.
- Partnership Advantages: The company is already active in the province through its partnership with Play Alberta, and the live experience from Play Alberta offers valuable insights into the market, regulatory environment, and player preferences, enhancing its market adaptability.
- Stock Performance: Despite gaining new opportunities in the market, Inspired Entertainment's shares have declined by 24.4% year-to-date, indicating a cautious market sentiment regarding its future performance.
See More
Inspired Entertainment Launches Premium iGaming Portfolio in South Africa
- Market Expansion: Inspired Entertainment has launched its premium iGaming portfolio in South Africa, initially partnering with six customers, including Hollywood Bets and Betway, which together represent a significant share of the online gaming market, marking an important milestone in the company's expansion into a rapidly growing market.
- Market Potential: The South African market is forecasted to double in size by 2030, and Inspired Entertainment's entry not only capitalizes on this growth potential but also enhances its competitive edge by providing approximately 90% market coverage through collaborations with well-known operators.
- Technical Collaboration: The launch is enabled through an ongoing agreement with Light & Wonder, distributing via its iGaming content marketplace, showcasing the company's continued growth and technological integration capabilities in the global interactive market.
- Innovative Experience: Inspired Entertainment emphasizes delivering localized gaming experiences for South African players, aiming to attract more users through innovative and high-quality game content, thereby further solidifying its position in the international market.
See More
INSPIRED ENTERTAINMENT GROWS INTERNATIONAL IGAMING FOOTPRINT WITH SOUTH AFRICA LAUNCH
Expansion of Global Presence: Inspired Entertainment is expanding its global gaming presence by launching operations in South Africa.
Strategic Growth: This move is part of Inspired's strategy to enhance its footprint in the international gaming market.
See More
Virtual Sports Betting Market Rapid Growth
- Significant Market Potential: Market research estimates that the virtual sports betting market will reach $17.6 billion by 2026 and grow to $57 billion by 2033, indicating strong growth potential that attracts investor interest.
- 24/7 Betting Opportunities: V-Sports provides continuous betting opportunities, helping sportsbooks maintain consistent customer engagement and revenue streams between live events, particularly reducing loss risks faced in two of the last three Super Bowls.
- Innovative Collaboration Launch: Inspired Entertainment announced a partnership with BetMGM and Borgata Online to launch its virtual sports products, including V-Play Soccer, Basketball, and NFL-themed V-Play Football in New Jersey, further expanding market share.
- Enhanced User Experience: Inspired's virtual sports combine broadcast-quality visuals with frequent betting opportunities, with CEO Brooks Pierce emphasizing that integrating virtual sports into main betting platforms significantly boosts revenue, reflecting trends in the modern betting industry.
See More
Inspired Entertainment Reports Record Q4 2025 EBITDA Growth and Strong Digital Momentum
- Financial Performance Breakthrough: Inspired Entertainment achieved a 53% revenue growth and a 60% EBITDA increase in Q4 2025, with EBITDA reaching $111 million and a record margin of 42%, showcasing the company's success in its digital business transformation.
- Clear Strategic Direction: Management projected 2026 EBITDA guidance of $112 million to $118 million, reflecting confidence in low double-digit growth, while aiming to increase the digital business's EBITDA contribution from 51% to over 60%, further enhancing profitability.
- Capital Expenditure Optimization: Cash CapEx for 2025 was approximately $44 million, with management emphasizing a focus on asset-light business models to reduce capital expenditures and enhance overall financial flexibility, ensuring competitiveness amid market changes.
- Optimistic Market Outlook: Management expressed strong confidence in future growth momentum, particularly in North America and the U.K., highlighting the significance of the successful partnership with BetMGM for the company's long-term development.
See More
Inspired Entertainment Reports Q4 Earnings with Mixed Results
- Earnings Report: Inspired Entertainment's Q4 non-GAAP EPS of -$0.18 missed expectations by $0.39, indicating challenges in profitability that may affect investor confidence moving forward.
- Revenue Performance: The fourth quarter revenue of $77.2 million represents a 7% year-over-year decline, although it exceeded expectations by $1.12 million, persistent revenue decline could pose pressure on future growth.
- Interactive Revenue Surge: The company achieved record interactive revenue in Q4, up 53% year-over-year, providing crucial support to overall revenue and demonstrating strong performance in the digital entertainment sector.
- Future Outlook: The first quarter of 2026 is expected to see adjusted EBITDA increase by at least 20% year-over-year, with full-year adjusted EBITDA projected between $112 million and $118 million, reflecting the company's confidence in future profitability, though market reactions remain to be seen.
See More
