Arkivji Tag: Sportech
L-Olanda – Sportech tbigħ id-diviżjoni tat-tlielaq Olandiża
Sportech is selling its Sportech Racing BV division to RBP Luxembourg for €3.25m. Sportech Racing BV is the company’s Netherlands business, which obtained a new five-year licence in June 2017 for the exclusive rights to carry out tote betting on horseracing in the Netherlands. This licence is operated in nine betting shops, 38 other outlets…
UK – Sportech well positioned following ‘transformation’ in first half
Sportech is well positioned following a ‘transformational’ six months which has seen expansion in Hong Kong, Denmark, the Netherlands and Connecticut in the US. Adjusted profit before tax improved by £1.5m to £1.1m during the first half of the year. The Group has cash of £76.2m at 30 June 2017, and no bank debt following…
UK – Football Pools biex iniedu l-BetUP ta’ Commolgic
Il-Football Pools, proprjetà ta’ Sportech, se tniedi l-imħatri fil-logħob għall-ewwel darba fl-istorja tagħha permezz ta’ sħubija ġdida ma’ Commologic. Commologic se tniedi l-prodott tagħha ta' mħatri in-play pool BetUP fil-ħin għall-bidu tal-istaġun tal-Premier League 2016-17, li jibda fit-13 ta' Awwissu. BetUP se jkopri l-logħob ewlieni tar-Renju Unit,...
UK – Rich Roberts resigns from Sportech
Sportech has confirmed that Rich Roberts, President: Digital, USA, has resigned from the PLC Board with immediate effect. This follows a reorganisation of management responsibilities in Sportech’s North American activities following the withdrawal from our Draft Day Daily Fantasy Sports business obligations. Rich will work with the Company until the end of August to ensure…
Spain – Sportech to supply betting terminal to Hipodromo de la Zarzuela
Sportech Racing Digital, a division of Sportech, has entered into agreements for the sale of new betting terminal technology to key customers in South America and Europe. In Spain, Sportech will provide new Wave betting terminals to Hipodromo de la Zarzuela to replace the racetrack’s legacy terminals. The update is part of a global renovation…
US – Penn tagħżel Sportech għall-imħatri remoti pari-mutuel
Sportech Racing Digital has been selected by Penn National Gaming to deliver new internet and mobile solutions for pari-mutuel betting. Sportech will provide the G4 framework for Internet betting, and the Digital Link app for mobile betting, along with a package of associated services that includes call center betting, customer care, and tech support. Sportech…
US – Sportech to buy daily fantasy sports from MGT
MGT Capital Investments is to sell its daily fantasy sports assets including DraftDay, the third largest operator in the daily fantasy sports industry, together with the MGT Sports business-to-business network to Sportech. The transaction will provide MGT with approximately $7m in total consideration, including $4m cash; MGT will also retain an equity interest in the…
US – Emerald Downs and Eldorado Resorts sign up with Sportech
Sportech Racing and Digital, a division of Sportech, has signed new contracts to provide pari-mutuel betting technology and services to two key, long-term customers: Emerald Downs Racing and Eldorado Resorts, owner of Mountaineer Casino Racetrack & Resort, Presque Isle Downs & Casino, and Scioto Downs Racino. Under the new contracts, both negotiated with new owners,…
US – Sportech given New Jersey licence
The New Jersey Division of Gaming Enforcement has awarded Sportech Racing, a Casino Service Industry Enterprise Licence, under section 92(a) of the New Jersey Casino Control Act. It is understood to be among the first, if not the first, full gaming-related licence to be issued in New Jersey to a European-owned company. This follows a…
