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Tag Archive | "international investment company"

No offer for Inspired Gaming group from FL Group


The international investment company FL Group (OMX: FL),  announced today that further to its statement in September 7th 2007, the company confirms that in light of current financial market conditions, it will not be making an offer for Inspired Gaming. FL Group continues to be impressed by the Inspired Gaming business and management team and remains a supportive shareholder.

Read more about this on the FL Group website

Forbes reports that offer talk abandonment hurt Inspired Gaming, see more here.

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Inspired has the X-factor


Inspired Gaming share priceVisit the Inspired Gaming Group website for the current Inspired Gaming share price.

Inspired Gaming Group (Inspired) yesterday released two new titles to be featured on its network of itbox terminals in time for summer. The exclusive launch of The X-factor lines up alongside Monopoly Hot Property to further cement Inspired’s position as the leading industry provider of Open Server-Based Gaming (Open SBG).

The X-factor is exclusive to itbox for 6 months, and is expected to be the biggest Skill With Prizes (SWP) game of the summer. Based on the hugely popular Simon Cowell fronted talent show, players have to answer a certain number of questions to achieve the “X-Factor”, before having the option to answer further questions to win cash prizes. The launch of the game coincides with the start of the new series of The X-Factor on ITV. Meanwhile, Monopoly Hot Property, developed by Channel 1 Games, is already performing strongly around the UK.

Both games will be released onto Inspired’s network of 10,000 itboxes, the largest in the SWP market. All of the terminals are centrally managed over broadband to ensure that the latest and best content is constantly uploaded on to each itbox.

“The introduction of these great titles in time for summer only serves to further demonstrate Inspired’s commitment and excellence in developing exciting new and innovative SBG games,” says Norman Crowley, co-CEO, Inspired Gaming Group. “To have X-Factor, the biggest title of the summer, exclusive to itbox highlights our market leading position, and we know it will deliver a new dimension of play and enjoyment for punters, together with extra revenue for customers.”

Visit the Inspired Gaming Group website for the current Inspired Gaming share price.

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Inspired launches games terminals in Asia


Inspired Gaming share priceVisit the Inspired Gaming Group website for the current Inspired Gaming share price.

Inspired Gaming International (Inspired) today announces a large-scale roll-out of its Open Server-Based Gaming (Open SBG) Multi-Content terminals across Asia. Inspired will be working on this deployment in conjunction with Silver Heritage Limited (SHL), one of the leading operators of terminals to licensed gaming premises in the Asia-Pacific region. The two companies will deploy over 250 terminals across the continent during the next few months, with many to be sited in Holiday Group Casinos, the largest chain of casinos in South East Asia.

Inspired’s Open SBG system allows casino operators to select and schedule from a range of electronic gaming content thus offering a multi-content experience to their customers from any single Inspired terminal. Content includes Inspired’s award winning Multi-Win Roulette, which offers customers options to play on up to four live or automated roulette wheels simultaneously, as well as Poker, Virtual Sports and Blackjack Games.

The innovative content is complimented by a range of different terminal designs, optimised for each casino floor. The E-Bar incorporates the monitor into a sleek bar top, whilst the E-Banquette caters for new casino trends and environments by integrating the hardware into coffee tables.

Powered by Inspired’s Open SBG platform, all of the terminals are centrally managed over a broadband network, providing the ability to download content remotely as well as monitor incomes, fault and play data in real-time.

“We are excited to keep up the momentum in our expansion into Asia through this roll-out,” commented Anne de Kerckhove, Managing Director of Inspired Gaming International. “The terminals, with their award winning technology, offer something unique for Asia that will revolutionise the casino market. The wide range of content on the terminals provides players with a great gaming experience, whilst ensuring high revenues per position for our casino operators.”

Mike Bolsover, Director of Business Development at SHL, added: “To compliment our position as one of the market leaders in the provision of managed gaming solutions for the Asia-Pacific casino market, we only look to forge partnerships with companies who can supply the best products to our customers. With its innovative multi-game terminals, Inspired proved a natural choice of partner for us.”

Norman Crowley, co-CEO of Inspired Gaming Group, concluded: “This is a significant step towards one of our key objectives for the year, international growth. Inspired will benefit from long-term participation agreements for the deployment of these terminals, securing consistent and recurring revenues.”

Visit the Inspired Gaming Group website for the current Inspired Gaming share price.

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Inspired announces release of further gaming terminals


Inspired Gaming share priceVisit the Inspired Gaming Group website for the current Inspired Gaming share price.

Further endorsing their commitment to the Gala Gaming Platform (GGP) and Open Server-Based Gaming (Open SBG, The Gala Coral Group (GCG) have today announced the roll-out of a further 1200 terminals across the Gala Coral estate.

The latest roll-out, to be fully implemented by the end of July 2007, will consist of 600 Multi-Win Roulette terminals for SBG table gaming and 300 Atronic e-motion cabinets for SBG slots, as well as 300 SBG bingo seats. Built on Inspired Gaming Group’s (IGG) Open SBGplatform, GGP promotes third party integration and the roll-out of Atronic cabinets demonstrates the inherent Open 3rd party integration capabilities within GGP.

GGP is an open server-based gaming platform that allows GCG to download content remotely, monitor incomes and play data in real time over the network. It also allows GCG to source hardware and terminals independently as demonstrated by the acquisition of the above Atronic cabinets.

GCG also has plans to be operating 500 GGP terminals in their Bingo businesses by September 2007, offering both digital bingo and digital slot products.

With 170 Bingo Clubs across the UK, approximately 32 million admissions every year, and a typical weekly payout of £28 million in prize money, Gala Bingo is the industry leader. GCG is also the largest multi-site machine operator in Europe, with 31 Casinos and circa 1600 Betting Shops.

Luke Alvarez, co-CEO Inspired Gaming Group commented: “We are pleased to be part of this latest addition to the GCG estate and it further confirms the success of our award-winning SBG Casino products, from both a technical and financial perspective.”

Peter Hannibal, Electronic Gaming Director, GCG, added: “Since GCG and Inspired first implemented GGP in January 2006, its success is proven, giving us a return on investment in less than twelve months. Technology is the future of our business and 80 to 90p of every pound we take in the future will come from electronic gaming. We will have more and better content through SBG, greater brand leverage, maximum customer choice, an accurate view of our customers and their activities, that will help retention and customer yield. Everyone in the value chain from content providers to customers will benefit.”

Visit the Inspired Gaming Group website for the current Inspired Gaming share price.

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