 Moodys Investors Service, Moodys has today downgraded Inspired Entertainment, Inc. Inspired or the companys corporate family rating CFR to Caa1 from B1 and probability of default rating PDR to Caa1-PD from B1-PD. Concurrently, Moodys has downgraded the instrument ratings to the GBP220 million equivalent senior secured term loan GBP 140 million and EUR 90 million and the GBP20 million senior secured revolving credit facility RCF to Caa1 from B1, all borrowed by Gaming Acquisitions Limited. More specifically, the weaknesses in Inspireds credit profile have left it vulnerable to revenue reduction and poor liquidity in these unprecedented operating conditions, and the company remains vulnerable to the outbreak for as long as the current lockdowns continue. 