Inspired Entertainment Inc (INSE)

INSE under $15

INSE 10Q due 4/15 per SA

INSE 10Q due 3/25

Steady as she goes

Can't go wrong with gaming

What a beauty

Traded well and now a beautiful after hours display

He also helps if you read the charts and understand when to buy...

The company’s primary business is with Virtual Lottery Terminals (VLT) gaming machines in Europe (primarily in the UK). Depending on where you live, you may have seen machines like this or something similar. If not, I would suggest doing some research on them. They have been expanding that business in Europe and more recently in the U.S. through state lotteries. So that is a major reason why the stock is down so low. Their retail partners (a large portion being UK pubs) are not open and these machines aren’t running and haven’t been for months.

On the online side, they have deals with Flutter (58% owner of FanDuel), DraftKings, Caesars, Betway, bet365, Genting, and many others. These are typically revenue share deals. On the latest conference call, they stated that the revenue share of NGR was in the double digits for the DraftKings deal. They also said they have a huge pipeline of operators looking to integrate. So their online platform is really just beginning to scratch the surface in terms of exposure to mainstream users. For instance, DraftKings has not even launched Inspired’s products yet, and when they do it will start only in New Jersey I believe. So there is room for growth as more operators carry their platform, but also as these operators expand into additional jurisdictions (e.g. more U.S. states legalizing online bets).

To answer your direct question, I sincerely doubt they would move anywhere outside of the interactive gaming / wagering space. But the online virtual sports betting that people are recently hyping is a small part of the revenue the company earns today. However, it has a lot of growth potential because of the developing partnerships and pipeline of new operators getting involved with them.

I made a lot of money on DraftKings but i have sold and walked away as it is just a hype stock right now. They said in their prospectus for the reverse merger that they made $80m in the first 18 months in New Jersey. Now keep in mind New Jersey is by far the savviest sports betting state outside of Nevada with Las Vegas. Even with becoming the biggest online provider in what is likely the second biggest U.S. sports betting market they only made $80m over a year and a half. I have no doubt that DK will be a success in the long term, but they are years away from their earnings catching up to their valuation and there is tons of competition in the market including well-established casino empires that are competing for online share. The DK share price may continue to go up, but you won’t find me chasing it.

Inspired on the other hand is a stock I love. Even if everything else with the company stayed status quo, the share price will start rising significantly on the basis of UK pubs reopening (currently expected in early July). But by the time that core business is up and running again, they will also have a larger and stronger online business than they’ve ever had before. I suspect once DK actually launches Inspired’s games in NJ that they will PR it (DK has not made any mention yet), and that alone will probably drive the share price of INSE back up. There is a lot to love about this company right now, especially when you are buying in near all time lows.

Hi DS CPA,

I am also a CPA looking for a good investment opportunity. Can you provide me any insight you might have as to whether INSE only will provide DKNG (or others) with virtual sports betting or do they have plans to get involved with live actual sports gaming?

Thanks !

Nice Kentucky derby simulation yesterday and exposing the company to the world !!!

how about a simulation of the real event right before it actually materialize

“INSE + draftkings = match made in heaven

Agreed. Very well made.

Super cool race

are we ready for the Kentucky derby boys ??? Let’s show the world what we can do

I have some chips on wkhs at 2 ... worth looking at their story

Thanks! Saw some of your posts on DEAC even if I did not contribute myself, so I was glad to see you here as well.

I am very bullish on DK overall. I will be back in, it’s just a matter of when. But I am less sure what it will do in the near term so I will be on the sidelines for the time being.

Congrats on that deac profit.
i love inse and dkng both.i do agree that inse May run harder near term but both are buys in my book .
I am happy to see both companies innovating together!surely a great synergy!
This coming Saturday we are getting some attention!
Thanks for the info on the site,,,I’ll check it out !
God luck in all your ventures and stay tuned!

I am in here as well. I was able to make some great returns on DEAC calls already (sold them yesterday). Researching DEAC / DKNG is what led me here.

From here, I think INSE is the better play currently. And what I like is that this already has the fundamentals (when you layer in recent partnerships + their update from yesterday). But beyond that, the hype is starting to come and others will follow.

DK hasn’t even released the V-Play content yet, nor have they PR’ed it (neither did Diamond Eagle). Although there is mention out there of the Virtual Kentucky Derby, I have not seen a ton of coverage and I expect that to ramp up and then explode the day of.

By the way, you can find footage of the Virtual Grand National that they already did. As someone who watches all three legs of the triple crown every year (I even attended one last year), I thought the product was phenomenal. I am far from a horse race regular or expert, but I will share that opinion for what it is worth.

I am in on 5k shares as of today

And they're off! Churchill Downs to host a virtual Kentucky Derby on first Saturday in May

2.85 pre market - $.

I think something is brewing. Next week should be telling ????

Been accumulating a ton of shares. Excited to see how this one plays out

INSE is about to bounce hard here$

Attention will come!!! This is crazy low

Why is this not getting attention? Maybe I am not just seeing it...I do kind of like there is not a lot of chatter..

Gonna accumulate this one $$ right here

Wow great news

INSE getting ready to blow up!!

INSE. Monster in the making

INSE our new Nasy jazzy play...watch the magic!!!