HG Vora Capital Management LLC purchased $6.4M worth of shares in Inspired Entertainment, Inc. in February 2018

Mar 08, 2018
Insider Transactions
Background Information
Inspired Entertainment, Inc. is a global games technology company, which engages in the provision of virtual sports, mobile gaming, and server-based gaming systems. The company operates its business through the following segments: Virtual Sports and Server Based Gaming segment. The Virtual Sports segment offers ultra-high-definition games that create an always-on sports wagering experience. The Server Based Gaming segment offers more traditional casino games such as slots, roulette and other table games. Inspired Entertainment was founded in 2016 and is headquartered in New York, NY.
HG Vora Capital Management is an event-driven and value-oriented investment firm. The firm seeks to generate attractive risk-adjusted absolute returns by opportunistically investing in actively traded debt and equity instruments on a long and short basis. They often invest in companies with overleveraged balance sheets, near term operational challenges or those undergoing some form of strategic change. HG Vora's core sectors of interest include gaming, lodging, leisure, real estate, retail and consumer, specialty finance, travel and other related sectors. The firm conducts fundamental analysis to identify mispriced securities across the capital structure.