Crypto Assets

Search
Close this search box.
Search
Close this search box.
Search
Close this search box.
Inspired secures entire Paddy Power UK LBO estate

Inspired secures entire Paddy Power UK LBO estate

Facebook
Twitter
LinkedIn
Email

Inspired Entertainment has confirmed a new long-term contract with Paddy Power, the UK-based bookmaker, confirming that it will exclusively provide Paddy Power with fully integrated managed services for its entire UK retail estate of around 350 betting shops and 1,400 terminals.

The agreement includes installation, remote and field technology support, as well as content and platform deployment.

Paddy Power also committed to the purchase of c1,400 new Vantage™ server based gaming ready cabinets throughout 2023. Vantage is the latest addition to the Inspired VLT family.

Brooks Pierce, President & COO of Inspired, commented: “Paddy Power does an exceptional job operating its UK betting shop estate, which tends to contain premium locations, and we are thrilled to partner with such a premier provider.

“We have a great relationship with Paddy Power and this agreement, including the provision of our new Vantage terminal, improves their product offering and drives revenue growth, while also reducing operational costs. This is a prime example of how the transformation of our footprint in the UK from a hardware-centric capital-intensive business model to a managed services, content and platform, asset-light model can be mutually beneficial for the evolution of the industry.”

Vince Bateson, Head of Retail Gaming for Paddy Power, added: “We have an excellent partnership with Inspired which has developed over many years.

“Our customers know and trust Inspired’s product and we are delighted to be able to enhance our offering with the very latest terminal and the very best technology. Inspired’s Vantage terminal has performed exceptionally well in our trials and is a perfect fit with our strategic goal of providing our customers with the best possible experience in our retail shops.”