After enduring a difficult 2017 Sportech has outlined its US vision, with the firm believing it is poised to take advantage of a potential legalised sports betting market, following corporate restructuring, completion of a cost reduction programme and a comprehensive financial review.
Sportech has appointed Giles Vardey as independent Non-Executive Director to provide “wise counsel” and “balance” to the board during the company’s formal sales process.
Betting systems provider Sportech Plc has announced its entire corporate enterprise is up for sale with immediate effect.
A breakdown of some of the more interesting figures to emerge from the gambling industry in the past seven days. More and more companies are releasing their results and generally speaking, the numbers have been impressive.
A breakdown of some of the more interesting figures to emerge from the gambling industry in the past seven days.
Global operator Sportech is waiting on a final green light from the UK Supreme Court as to whether it can keep the £97m it claimed from the government, or whether it will face another day in the appeal courts.
The owner of the UK’s Football Pools says it has entered into exclusive talks with investment firm Burlywood Capital which will immediately float the pools business on the junior exchange in London.
Sportech will be cash-rich in the coming months assuming the final appeal from HMRC over the Spot the Ball VAT reclaim and the sale of the Football Pools goes ahead
Having launched successfully with Unibet ahead of the Euros, Commologic has now added Sportech Football Pools to its network roster as it hopes to take pools betting into the in-play age.