Revenue at Inspired Gaming for the year to end September was up 15.4 per cent and the EBITDA by 32.9 per cent, reports the company.
Revenues reached US$141.4m, while EBITDA rose to $54.1m. One of the main drivers of revenue was the continued roll-out of VLTs in Greece plus fresh revenue from igaming and virtual sports. There was, however, a net operating loss of $7.3m compared with a loss of $11.9m in the same period.
The company said that it was pleased with its performance. Chairman Lorne Weil said: “While we continue to focus on growth we are also targeting growth across our business in North America. I am optimistic that we can execute on this strategy much as we have done in Greece, where in less than two years we have growth the virtual sports business exponentially, adding another channel of content and have become the largest supplier of terminals in the marketplace.”
