Sportech has reported a 5 per cent drop in total revenues to £112.0m for the full year, with only the company’s recently migrated online gaming business posting year-on-year growth during the period.

The company said that 2012 saw the continued transformation of Sportech from its UK centric roots into an international sports, gaming and entertainment business.

“We have revitalised the business over recent years, establishing a unique position in the regulated and emerging gaming markets worldwide, which should deliver significant opportunities, most notably for our licensed gaming business in the USA,” said Sportech chief executive Ian Penrose.

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