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Inspired doubles third quarter revenue to $60.1m

13th November 2020 9:09 am GMT

New York-listed gaming supplier Inspired Entertainment has seen revenue more than double to $60.1m in the third quarter of 2020, boosted by VAT-related income of $9.3m and the recent acquisition of Novomatic Gaming Technology.

Revenue from Server Based Gaming increased by 39 per cent to $25.5m, including a payment of $9.3m from a UK licensed betting office (LBO) customer related to the company’s contractual revenue share on VAT rebate.

Virtual sports revenue, which includes Interactive, rose 32 [...]

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