Inspired Entertainment: Still Struggling To Break Out

Nov. 14, 2022 6:54 PM ETInspired Entertainment, Inc. (INSE)
Gary Bourgeault profile picture
Gary Bourgeault
12.98K Followers

Summary

  • Even though INSE has broken out nicely after plunging during the pandemic, it's still struggling to break out from where it traded in 2017.
  • Cost inflation in some of its businesses will continue to be a headwind, including holiday parks, gaming and pubs.
  • Its five-year contract extension with Betfred should provide some support for the company in the long term.
  • In order to break out, I think the company will need to gain a bigger footprint in the North American market.

eSports team frustrated that they lost a match in a tournament

Marko Geber/DigitalVision via Getty Images

Inspired Entertainment, Inc. (NASDAQ:INSE), a business-to-business gaming technology firm that supplies products and services to gaming operators around the world, has been facing some significant headwinds, and in light of rising costs outside of the

This article was written by

Gary Bourgeault profile picture
12.98K Followers
I am a former investment advisor and owner of several businesses. These days I invest only for myself while continuing to write on a variety of financial and economic topics.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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