Inspired Virtual Sports products will be deployed at retailer locations in Pennsylvania following a ground-breaking technology project with the Pennsylvania Lottery and Scientific Games.
Virtual Sports products will launch as part of an integration with the Pennsylvania Lottery’s central gaming system provided by Scientific Games. Initially, Stock Car Racing and the new 1st Down Virtual Football will be offered. Scheduled events will be streamed into a mixture of retail venues and bars and taverns throughout Pennsylvania via two dedicated channels throughout the day. The product offering will be branded Xpress Sports by the Pennsylvania Lottery.
“We are delighted to announce this key milestone for the Pennsylvania Lottery and Virtual Sports fans in the state,” said Lorne Weil, Inspired’s Executive Chairman.
“Through an integration with the Lottery’s gaming system, we’re introducing the thrill of Virtual Sports betting for the first time to Pennsylvanians, and we’re gratified to have been chosen by the Pennsylvania Lottery to deliver these new gaming entertainment products to its valued players with our high quality Virtual Sports graphics and animation.”
“We are proud to be a leader in global Virtual Sports innovation, and we look forward to introducing new market-specific products, including 1st Down Virtual Football, to the Pennsylvania Lottery’s players. This announcement signifies an important milestone in Inspired’s North American strategy and we look forward to building upon it in the future,” said Inspired’s President and COO Brooks Pierce.
Earlier this week, Inspired announced it had formed the Office of the Executive Chairman, consisting of Executive Chairman Lorne Weil; President and Chief Operating Officer Brooks Pierce; Executive Vice President and Chief Strategy Officer Daniel Silvers; and Executive Vice President and Chief Financial Officer Stewart Baker. The Office of the Executive Chairman will execute the day-to-day management of the company.
In connection with the formation of the Office of the Executive Chairman, Brooks Pierce has been named the company’s President and Chief Operating Officer. Mr. Pierce recently joined the company as Senior Vice President, North America. He has over 25 years of experience in the gaming industry. He joins established Company executives Weil, Silvers and Baker in the new Office of Executive Chairman. Also in connection with the formation of the Office of the Executive Chairman, the Company’s CFO, Stewart Baker, has been promoted to the position of Executive Vice President and Chief Financial Officer.
The company also announced that Luke Alvarez, President and Chief Executive Officer, is departing the Inspired group, under terms being finalized. Executive Chairman Lorne Weil said: “I am grateful to Luke for his leadership of Inspired since its founding and during its rapid growth in its inaugural year and a half as a public company. We will miss him, and we wish him every success”. The Inspired Board adds its thanks and best wishes. Mr. Alvarez’s previous responsibilities will be divided among the members of the Office of the Executive Chairman.