Number Crunching - the value put on Inspired Gaming

Number Crunching - the value put on Inspired Gaming

Thursday, July 14, 2016 Posted by Andy McCarron
From multi-million pound acquisitions to games developed in less than a day at R Franco's Game Weekend

£200,000,000 – the value of Inspired Gaming, according to Hydra Industries Acquisition Corp, which has agreed to buy the gaming machine manufacturer and slot developer with a cash plus shares offer. Hydra is headed up by former Scientific Games CEO Lorne Weil, who will become Executive Chairman of Inspired. CEO Luke Alvarez is staying on in the role. The acquisition is expected to close in October 2016 after which the newly rebranded Inspired Entertainment, Inc will be trading on NASDAQ.

15 – the number of hours given to participants to create a prototype of a game with cash in and cash out at R. Franco’s Game Weekend event last week. This first edition of R. Franco’s hackathon was attended by more than 50 professionals from throughout Spain. The winning project, which used Google Street View, was called TAKEN and developed by David Burgos, Jorge García, Pablo Arias and Alex Serrano.

670 – the number of electronic gaming machine (EGM) seats placed in Cambodia’s NagaWorld Casino that Entertainment Gaming Asia is selling off – its whole portfolio at the site. The company has sold the places to a third party for $2.5m. It has also sold off all 154 of its EGM seats placed at Leisure World VIP Slot Club in the Philippines to the venue owner for $750,000. However the company said it is continuing its EGM leasing operations in two venues in Cambodia and two venues in the Philippines.

73 – the percentage of waste that is recycled at IGT according to its 2015 Sustainability Report. CEO Marco Sala said: “As a global leader in the gaming industry, we must continuously monitor the potential social risks associated with our business. We understand that our long-term success is reliant on socially responsible and sustainable business practices.”          

5 – the number of Bundesliga 2 football clubs that online operator Betway has partnered up with ahead of the new domestic season. Betway is now the official betting partner with St. Pauli, Union Berlin, Eintracht Braunschweig, Karlsruher SC and Dynamo Dresden, and will receive in-stadium branding at all five clubs as part of the three-year deals, in addition to hospitality tickets to every game. Betway’s Anthony Werkman said: “The Bundesliga is one of the most avidly followed leagues in the world, and we’re delighted to have signed partnerships agreements with five clubs who boast significant heritage and history in both German and European football.”

10,500 – the number of live sports per year that Vermantia will be delivering to Lottomatica’s BETTER’s retail network after signing a deal to supply a new retail content management system for betting shops and corners. Fabrizio Virtuani, president and CEO Lottomatica Scommesse, commented: “From now on, Lottomatica will be able to provide a very engaging and entertaining gaming experience to its betting customers, paving the way to a new retail proposition in the Italian gaming market.”

50 – the number of years ‘combined experience’ that KPI Gaming Consultants claimed it had in the gambling industry, despite seemingly only having one employee. The UK’s Advertising Standards Authority (ASA) upheld three complaints about the company’s claims on its website, including bringing casino CPA to under £80. The ASA said: “We told KPI Gaming Consultants not to make claims about their business unless they held evidence to substantiate them.”

Latest
No alternative text provided

Rank focuses on 'cost efficiencies' following 'tough' 2017 opening

Perfect Pairs: OneTouch.io builds on table games success

Goliath looks to topple WSOP from live poker throne

Eyes on the IR prize: MGM reinforces commitment to Japan

Gaming Products & Services Directory

The essential directory for the gaming industry