Inspired and the CAGE Companies Announce Virtual Sports Agreement Across the Caribbean
Inspired Entertainment (NASDAQ: INSE) has announced that it has entered into an exclusive agreement with The CAGE Companies and its subsidiary CAGE Sports BV to provide them with Inspired’s multi-award-winning virtual sports products. The games will be available in CAGE’s retail outlets and through its interactive channels across the Caribbean.
CAGE is one of the most prominent video lottery and video gaming terminal operators in the Caribbean and South America. Inspired will be providing it with its V-Play Plug & Play™ (“VPP”) online and mobile product solution as well as its virtual sports to retail venues in the Caribbean. The VPP product is set to include a number of custom sports variants for CAGE customers, such as virtual cricket, which Inspired is introducing for the first time as part of the VPP solution due to the sport’s popularity in the Caribbean.
Brooks Pierce, the President and Chief Operating Officer of Inspired, described CAGE as the Caribbean’s “premier gaming route operator” and said that the company is looking forward to working with them and extending their partnership. He added that they see the Caribbean as an opportunity to highlight the strength of the company’s products. CAGE and its affiliates will also be able to sublicense the products to third-party operators in the region.
We are thrilled to be able to offer Inspired’s leading virtual sports to our customer base in the Caribbean, providing an engaging betting experience and further complementing our sports betting business. With Inspired’s virtuals, and cricket in particular, our customers’ favorite sports seasons don’t have to end and our retailers can enjoy the financial benefits of the extended season.
Robert B. Washington, the Co-Founder, Chairman and CEO of the CAGE Companies, said that the products will become available to players in the early second quarter of this year. He added that they are also excited about collaborating with Inspired on the new ‘Caribbean Legends of Cricket’ virtual sports games, which he believes will be met with excitement by players in the Caribbean and beyond.