NEW YORK, May 9, 2019 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) has named Steve Beason as its new Group Chief Technology Officer, effective immediately. Beason, who recently served as an independent consultant for Inspired since 2018, has accepted the position to lead Inspired's technology efforts driving the overall hardware, software and content development.
Beason joins Inspired after more than 10 years at Scientific Games, where he most recently served as Enterprise Chief Technology Officer from 2011 until 2016. As Enterprise CTO, Beason managed a group of 1,200+ employees in both operational, product development and service roles, and was instrumental in the acquisitions and integrations of Bally, WMS, Barcrest, and Global Draw. He also managed the manufacturing and software development organizations with centers in the US, Europe, India and China.
"Steve is an innovative and results-driven leader whom I've had the pleasure of working with during his tenure at Scientific Games," said Lorne Weil, Executive Chairman of Inspired Entertainment. "Given his unparalleled industry knowledge and extensive experience across the lottery, casino, interactive, horse racing and sports betting industries, he is extremely qualified to fill this role. I'm confident that Steve's leadership and proven track record are exactly what we need to enter the North American marketplace and take our business to the next level."
From 1998 to 2005, Beason was the Executive Director, Information Technology for the Hong Kong Jockey Club where he oversaw the entire IT and MIS organization. Prior to that, Beason served as the Vice President of Software for GTECH from 1986 until 1998, managing the software service, support and development departments. In total Beason has over 35 years of experience in the gaming and wagering industry.
Beason holds an undergraduate degree from Coleman College and received his M.B.A. from the Kellogg School of Management at Northwestern University and the Hong Kong University of Science and Technology.
About Inspired Entertainment, Inc.
Inspired is a global games technology company, supplying Virtual Sports, Interactive Gaming and Server Based Gaming systems with associated terminals and digital content to regulated lottery, betting and gaming operators around the world. Inspired currently operates over 30,000 digital gaming terminals and supplies its Virtual Sports products through more than 40,000 retail channels and over 100 websites, in approximately 35 gaming jurisdictions worldwide. Inspired employs more than 650 employees in the UK and elsewhere, developing and operating digital games and networks. Additional information can be found at www.inseinc.com.
Forward Looking Statements
This news release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "anticipate", "believe", "expect", "estimate", "plan", "outlook", and "project" and other similar expressions that indicate future events or trends or are not statements of historical matters. These statements are based on our management's current expectations and beliefs, as well as a number of assumptions concerning future events.
Such forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside of our control and all of which could cause actual results to differ materially from the results discussed in the forward-looking statements. Accordingly, forward-looking statements should not be relied upon as representing our views as of any subsequent date, and we do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. Factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements can be found in our reports filed with the Securities and Exchange Commission, including our annual report on Form 10-K, our quarterly reports on Form 10-Q and our current reports on Form 8-K, which are available, free of charge, on the SEC's website at www.sec.gov and on our site at www.inseinc.com.
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SOURCE Inspired Entertainment, Inc.