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NEW YORK - BetMGM has become the first U.S. operator to introduce Inspired Entertainment’s (NASDAQ:INSE) Hybrid Dealer Roulette 4-Ball Extra Bet game under a three-month exclusive agreement, according to a press release statement. The gaming technology company, which maintains impressive gross profit margins of nearly 70% and trades at an attractive P/E ratio of 3.4x according to InvestingPro data, continues to expand its market presence.
The new roulette variant features a unique "4-Ball Extra Bet" system that adds four additional balls on an inner wheel, allowing players to place side bets on color matches between the inner and outer wheels. These extra betting options offer potential payouts of up to 500/1.
Inspired’s Hybrid Dealer technology combines pre-recorded hosts with computer-generated imagery, designed to deliver a casino experience without the operational challenges of traditional live-dealer products. The game includes social features such as win leaderboards and chat functionality.
"We are excited to partner again with BetMGM to bring the first US deployment of our groundbreaking Hybrid Dealer Roulette 4-Ball Extra Bet," said Brooks Pierce, President and CEO of Inspired Entertainment.
Oliver Bartlett, VP of Gaming at BetMGM, stated that the game’s "immersive visuals and unique betting features will undoubtedly enhance our online casino offering."
The game is available across online and mobile platforms and represents the third release in Inspired’s Hybrid Dealer portfolio. Inspired Entertainment currently operates in approximately 35 jurisdictions worldwide, supplying gaming systems and content for around 50,000 gaming machines in various venues.
In other recent news, Inspired Entertainment reported its Q1 2025 earnings, revealing an earnings per share (EPS) of $0.13, which significantly exceeded analysts’ expectations of -$0.04. However, the company fell short on revenue, bringing in $60.4 million compared to the anticipated $68.4 million. Despite the earnings beat, revenue challenges were noted, partly due to regulatory changes in Brazil and a shift in holiday schedules in the UK. Additionally, Inspired Entertainment has secured new financing through a private placement of £270 million in senior secured notes due 2030 and a £17.8 million revolving credit facility. The proceeds are intended to refinance existing debt and support general corporate purposes.
Furthermore, Inspired Entertainment launched its V-Play Football Brazil in collaboration with Kaizen Gaming, marking a significant expansion into the Latin American market. This virtual sports game, backed by official sponsorship from Brazil’s top professional football league, is now available through Kaizen’s Betano brand. In the gaming sector, Inspired Entertainment’s interactive business demonstrated robust growth, with a 49% increase in revenue and a 75% rise in EBITDA. Despite the revenue miss, the company remains optimistic, with future guidance suggesting continued growth and a focus on expanding its hybrid dealer product.
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