Under the terms of a new agreement between Inspired Entertainment and its Italian partner, Cristaltec, the latter will acquire Inspired’s existing VLT (video lottery terminal) estate in Italy. Inspired will also hand over its VLT managed services contracts to Cristaltec. In turn, Inspired remain responsible for platform infrastructure, game content, maintenance, support and updates to the Italian VLT estate.
“We are thrilled to work with Cristaltec to better serve our customers by facilitating more investment in the Inspired product range and delivering superior products and content to the marketplace,” said Brooks Pierce, President & COO of Inspired. “We have worked with Giovanni and the team at Cristaltec for many years and greatly respect the business they have built in the AWP market. Working together with Cristaltec, we believe we can better capture the new opportunities that will derive from changes to regulations as well as the evolution of the gaming sector in Italy, where we remain a very committed market participant, including through our continued presence in Virtual Sports.”
Cristaltec is a long-standing supplier to the Italian AWP market. This agreement improves their position within the VLT market, where Inspired has multiple contracts with concessions operating over 5,000 terminals. Cristaltec intends to upgrade Inspired’s current terminal estate and add their own game content alongside that of Inspired.
“All of our work is aimed at improving the services offered to our customers and we believe this agreement not only benefits both companies, but also our customers and the Italian market as a whole,” said Giovanni Agliata, President of Cristaltec. “We have a great relationship with Inspired and this collaboration allows each of us to focus on our core competencies,” he concluded.
