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Inspired Gaming Group plc, a leading player worldwide in the Open Server-Based Gaming market, has signed a worldwide multi-year revenue share licence 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'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, 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 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's virtual sports system will contribute additional growth over the coming years".
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