
Inspired’s second quarter results were met with a negative market reaction, as the company’s revenue came in below Wall Street expectations and declined significantly year-over-year. Management attributed this underperformance largely to the near doubling of the UK remote gaming duty, which took effect in April and had a substantial impact on the reported figures. Executive Chairman Lorne Weil described the UK tax change as “the main reason” for revenue and EBITDA pressure, explaining that altho
