Inspired Earns iGaming License in Pennsylvania – Here's What You Need to Know
Monday, June 27, 2022
As part of its ongoing North American growth, gaming machine and virtual sports provider Inspired Entertainment has obtained a new license in Pennsylvania. Continue reading if you want to find out more about the company’s iGaming license in Pennsylvania, and check out the link above to find out more about the state’s bustling iGaming industry.
What Does It Mean?
Inspired is able to provide its online games to authorized operators in the US states thanks to the interactive gaming manufacturer licensese approved by the Pennsylvania Gaming Commission. According to Inspired, its interactive content will debut in Pennsylvania this summer, with a number of titles being made available to Pennsylvania’s operators.
One of the biggest iGaming jurisdictions in North America, Pennsylvania is being added to Inspired President and Chief Operating Officer Brooks Pierce's list of North American geos, which currently includes New Jersey, Michigan, Connecticut, Quebec, and Ontario.
They should be able to rapidly and efficiently introduce their best-performing content to the market for many of the licensed internet operators in Pennsylvania are already the clients of Inspired in other countries.
Inspired are sure that they are in a strong position to take advantage of this opportunity given the increasing popularity of their content, elevated brand recognition, and quick time required to enter the market. The new license follows the company’s announcement earlier this month that it was able to generate a profit in the first quarter of 2021 thanks to growth across all verticals and a 165.8 percent rise in sales.
Inspired Executive Chairman Lorne Weil commented on the results at the time, saying: "We have had a solid start to the year, producing year-over-year revenue increase across our business areas, while also building the foundation for the long-term development and profitability of our organization.”
For regulated gaming, betting, lottery, and social and leisure operators on both land-based and mobile channels worldwide, Inspired delivers an ever-expanding array of content, technology, hardware, and services. A wide range of players enjoys the developer’s gaming, virtual sports, interactive, and leisure offerings, opening up new potential for operators to increase their income. In approximately 35 countries around the world, Inspired provides gaming systems, associated terminals, and content for about 58,000 gaming machines that are housed among bookmakers, in bars, casinos, and other route operations. It also offers virtual sports products through more than 32,000 retail locations and numerous websites, virtual games for more than 170 websites, and a range of entertainment solutions with a total installed base of more than 19,000 terminals.