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NewswireToday - /newswire/ -
London, West End, United Kingdom, 12/09/2008 - Inspired Gaming Group plc (INGG), the leading player worldwide in the Open Server-Based Gaming (Open SBG™) market, today announces that it has signed a worldwide multi-year revenue share license with Stanleybet International.
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Inspired Gaming Group plc (INGG), the leading player worldwide in the Open Server-Based Gaming (Open SBG™) market, today announces that it has signed a worldwide multi-year revenue share license with Stanleybet International, to provide its virtual sports system across the Stanleybet estate. The licence will initially be rolled out over a two year period and is expected to cover approximately 500 terminals in five countries.
Stanleybet International operates a service provided to retail gaming locations, offering a broad mix of sports betting content and systems which are in use in many countries throughout the world. Stanleybet International is now the leading cross-border retail sports betting company in Europe with the majority of its intermediaries in Cyprus, Italy and Germany, as well as locally-licensed outlets in Croatia, Poland and Romania, totaling over 1,400 outlets.
Inspired Gaming’s virtual sports system includes horse racing, greyhound racing, football, speedway and car racing. The product delivers an exciting, realistic gaming experience with unparalleled movie quality graphics.
Commenting, Norman Crowley, co-Chief Executive of Inspired Gaming (INGG), said: “This contract with Stanleybet is a significant development for the company. With the focus now on developing our server-based gaming business and developing our international reach, Inspired Gaming (INGG) is well positioned to capitalize on the significant opportunities in the markets we serve.”
Adrian Morris, Director of Finance, of Stanleybet International, added: “We have experienced substantial growth from our core sports betting business in recent years and we are confident that the addition of Inspired Gaming’s (INGG) virtual sports system will contribute additional growth over the coming years”.
About Inspired Gaming Group (INGG)
Inspired Gaming Group plc (inspiredgaminggroup.com) is the leading player worldwide in the Open Server-Based Gaming (Open SBG™) market and is also the leading provider of analogue and Open SBG™ machines in the UK for the leisure and gaming markets.
Inspired Gaming (INGG) provides Open SBG™ software systems and Open SBG™ digital and networked terminals in 10 countries today. The Group manages over 50,000 machines across the UK, of which in excess of 24,000 are already on the Open SBG™ platform.
Inspired Gaming’s (INGG) customer base includes bars, casinos, bingo halls, licensed betting offices, holiday parks and other out of home leisure venues. Key customers include the major gaming companies such as William Hill and Gala Coral Group.
Inspired Gaming (INGG) is also the leading provider of Fixed Odds Betting Terminals, itbox skill gaming terminals, and other Open SBG™ variants.
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