Inspired enters Greek virtual sports market

(PRESS RELEASE) -- Inspired, a leading provider of Virtual Sports, Mobile Games and SBG Video Lottery, today announces that it has signed a memorandum of understanding with OPAP, the leading Greek betting and lottery operator, to supply its best-in-class virtual sports both online and across OPAP's extensive retail network.

• Deployment of Inspired's Virtual Sports into the Greek market is the first step towards developing a world-class portfolio of products and services, as recently outlined to shareholders within OPAP's 2020 vision.
• Inspired's Virtual Sports are expected to go live in more than 4,500 of OPAP's shops from early 2017.
• Inspired's full suite of Virtual Sports products will be gradually available to OPAP's customers, beginning with Rush Football 2 upon launch, as well as Rush Horses and Rush Greyhounds with many more soon after. OPAP will also offer Mike Tyson boxing and Virtual Basketball, featuring Shaquille O'Neal, as soon as they become commercially available.

Luke Alvarez, CEO, Inspired Gaming Group, commented: "The announcement of this deal is a significant one for Inspired and OPAP. Together we will bring best-in-class Virtual Sports to the Greek market, and I'm confident that this represents the commencement of a fruitful business relationship. Inspired's Virtual Sports have driven material incremental income in several international markets, and we expect the same in Greece. We look forward to working with OPAP to deliver a premium player experience."

Damian Cope, CEO, OPAP Group, added: "I am pleased to be announcing this deal, which is an important first step in building a world class portfolio of products for OPAP. Inspired's Virtual Sports is a proven product with players in many other European jurisdictions and I am confident that our own customers in Greece will also enjoy playing these entertaining games. This will be one of the first new products that we will launch in line with our long-term 2020 Vision and we expect to make further announcements on additional product launches in the coming months."