The company expects financial results in line with expectations

Inspired deal with FL Group scrapped

(UK).- The deal which would have seen UK Inspired Gaming Group sold to a venture capital company, FL Group, is off. FL announced that it would not be making an offer.
2008-01-07
Reading time 35 seg

In a recent statement, Inspired announced that it expected to report results for the year ended September 30, 2007, substantially in line with expectations with significant growth in profit: "Margins have improved as a result of the continued shift towards server-based gaming related incomes. Notably, gross profit from sales of SBG software and services in the year has more than doubled in comparison to the prior financial year."

The company has continued to withdraw from analogue-related revenue streams that generally delivered lower incomes than server-based games.

SBG terminals increased from 19,000 to 23,000 and the software division had turned out over 1,000 SBG casino terminals with another 3,000 on order. It has signed SBG software agreements with international casino and gaming clients including Galaxy Entertainment in Macau and Silver Heritage in south-east Asia.

It has also deployed SBG terminals under contract with The Coca-Cola Company in the US, Ireland and Germany.

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