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Sportech earnings still reliant on Football Pools despite US growth

5th March 2014 9:06 am GMT

UK-listed Sportech has reported a 2 per cent increase in full year revenue to £110.3m for 2013, despite a decline from its core Football Pools business which continues to generate the majority of the company’s earnings.

Sportech CEO Ian Penrose said the company delivered a good set of results in a transformational year. “We have strengthened the management team and board, invested cash of £22m in the group and completed a number of corporate transactions to [...]

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