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Inspired Entertainment Inc
250 W 57th St Fl 22
Phone: (646) 565-3861p:646 565-3861 NEW YORK, NY  10107-0001  United States Ticker: INSEINSE

On November 2, 2023, the Audit Committee of the Board of Directors of Inspired Entertainment, in consultation with the company’s management, determined that the company’s previously issued audited consolidated financial statements as of and for the years ended December 31, 2021 and 2022, as well as for the first and second quarters of 2023 should no longer be relied upon and should be restated. The company identified certain accounting errors relating to the compliance with U.S. GAAP in connection with the company’s accounting policies for capitalizing software development costs. The errors relate primarily to the application of the relevant accounting standards to projects, including the timing of capitalization with respect to software development projects and the nature of costs eligible for capitalization.

Business Summary
Inspired Entertainment, Inc. is a global gaming technology company. The Company is engaged in supplying content, platform and other products and services to online and land-based regulated lottery, betting and gaming operators worldwide. Its segments include Gaming, Virtual Sports, Interactive and Leisure. Its Gaming segment supplies gaming terminals as well as gaming software and games for the terminals provided to betting offices, casinos, gaming halls and high street adult gaming centers. Its Virtual Sports segment designs, develops, markets and distributes ultra-high-definition games in betting shops, other locations and online. Its Interactive segment uses offerings from its Gaming and Virtual Sports segments to create games that are hosted on remote gaming servers. Leisure segment is a supplier of gaming terminals and amusement machines to the leisure and hospitality sectors and an operator of pay to play gaming terminals and amusement machines in the United Kingdom.
(Source: 10-K)

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
YesYes--YesYes-

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
9/30/202312/31/2022YesYes---

Industries
SIC Code Description
7372 Prepackaged software
7993 Coin-operated amusement devices

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Executive Chairman of the Board of Directors A. LorneWeil 77 12/23/2016
President, Chief Executive Officer Brooks H.Pierce 61 1/13/2023 4/16/2018
Interim Chief Financial Officer, Principal Accounting Officer MarilynJentzen 57 12/20/2023 12/20/2023
6 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Inspired Gaming Group PLC 1-2 Berners Street London United Kingdom
Gaming Acquisitions Limited 3 The Maltings, Wetmore Road Staffordshire United Kingdom
Inspired Entertainment (Financing) PLC 250 West 57th Street New York NY United States

Business Names
Business Name
115CR (150) Limited
Astra Games Limited
Bell-Fruit Group Limited
21 additional Business Names available in full report.

General Information
Number of Employees: 1,600 (As of 12/31/2022)
Outstanding Shares: 26,219,021 (As of 2/22/2024)
Shareholders: 35
Stock Exchange: NASD
Federal Tax Id: 471025534
Fax Number: (845) 818-3588


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Thursday, March 28, 2024