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Inspired Entertainment and Cristaltec “transform” partnership in Italy

Inspired Entertainment has sold its Italian video lottery terminal (VLT) business to Cristaltec SPA as it transitions to a platform and games provider.

ItalianTricolour

In a recent deal, Inspired agreed to part with its VLT estate and VLT managed services contracts, which will transfer to Cristaltec, who will now be responsible for its operational support and machine capital obligations.

Inspired meanwhile will continue to maintain, support and update the Italian VLT platform and infrastructure, as well as game content.

Through this agreement, Cristaltec is aiming to better position itself in the VLT market, where Inspired has contracts with concessions operating over 5,000 terminals.

“All of our work is aimed at improving the services offered to our customers and we believe this agreement not only benefits both companies, but also our customers and the Italian market as a whole,” said Cristaltec’s President Giovanni Agliata.

“We have a great relationship with Inspired and this collaboration allows each of us to focus on our core competencies. We are a leading manufacturer with top games in the amusement with prize (AWP) market and Inspired provides a proven VLT platform with popular game franchises worldwide.”

Moreover, Cristaltec intends to materially upgrade Inspired’s current VLT estate and introduce its own games alongside those of Inspired.

Commenting on this new agreement, Brooks Pierce, Inspired President and COO, said: “We have worked with Giovanni and the team at Cristaltec for many years and greatly respect the business they’ve built in the AWP market, where they have an excellent reputation with the concessionaires.

“Working together with Cristaltec, we believe we can better capture the new opportunities that will derive from changes to regulations as well as the evolution of the gaming sector in Italy, where we remain a very committed market participant, including through our continued presence in virtual sports.”

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