Inspired, leading Virtual Sports, SBG Video Lottery and Mobile Games provider has announced they have signed a memorandum of understanding with OPAP, the leading Greek betting and lottery provider. This agreement will be to supply its best-in-class virtual sports online and across OPAP’s extensive retail network.
Subsequent to the announcement from the Hellenic Gaming Commission on the new VLT regulations, OPAP calculates that all the appropriate factors are now in position for them to restart their plans for the operation of VLT products in Greece.
OPAP’s ‘2020 Vision’ as recently outlined to shareholders within OPAP entails a world-class portfolio of products and services and the deployment of Inspired Virtual Sports into the Greek market will be the first step in this direction. OPAP holds an exclusive 10-year license to operate in the country, which commenced in 2011.
The new regulations will establish a complete institutional framework which secures the public interest and public revenues while at the same time allowing economic viability of the VLT business for OPAP and its partners.
Being one of only four VLT suppliers to OPAP, Inspired’s Virtual Sports are expected to go live in more than 4,500 of OPAP’s shops from early 2017. Their full suite of Virtual Sports products will gradually be available to OPAP’s customers. The first being Rush Football 2 at the launch along with Rush Greyhounds, Rush Horses and much more. As soon as they are commercially available, OPAP will also offer Mike Tyson boxing and Virtual Basketball featuring Shaquille O’Neil.
Luke Alvarez, CEO of Inspired Gaming Group, commented: “Inspired is delighted by this week’s announcement that a fully regulated VLT operation is now in place in Greece. This news will enable us to commence the rollout of our VLT cabinets in 2017; a significant and exciting moment both for the landscape of the gaming market in Greece and for Inspired.
“We are proud to be one of only four suppliers to OPAP, one of Europe’s most established and respected operators, and look forward to a successful and long-term business partnership.”