Inspired Expands VLT Footprint In Saskatchewan With 720 Additional Valor Terminals
Portfolio Pulse from Benzinga Newsdesk
Inspired Entertainment, Inc. (NASDAQ:INSE) has been awarded an additional 720 Valor video lottery terminal (VLT) placements in Saskatchewan by the Western Canada Lottery Corporation (WCLC), representing the third such award in four years. This expansion brings the total number of Inspired's Valor VLTs in the region to over 1,500, with delivery expected by the end of 2024 and new games launching in early 2025. The deal underscores Inspired's growing footprint in the Canadian gaming market and its commitment to providing high-quality gaming experiences.
April 16, 2024 | 12:01 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Inspired Entertainment, Inc. (INSE) expands its VLT footprint in Saskatchewan with an additional 720 Valor terminals, marking its third award in four years and increasing its total to over 1,500 units in the region.
The award of an additional 720 VLT placements to Inspired Entertainment by WCLC is a significant development, indicating the company's growing influence and success in the Canadian gaming market. This expansion not only strengthens Inspired's position as a leading provider of gaming solutions but also suggests potential revenue growth from the increased number of VLTs. The announcement of new games to be released in 2025 further enhances the company's product offering, potentially increasing its attractiveness to investors and positively impacting its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100