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Impairment charges push Sportech into the red in 2014

4th March 2015 9:38 am GMT

London-listed operator Sportech has recorded a net loss of £21.3m for the full 2014 year, with results impacted by a 6 per cent decline in revenue and increased administrative costs.

Sportech said that it made further progress in delivering its strategy in 2014, including its entry into the New Jersey iGaming market and the launch of Connecticut’s only legal online betting site, MyWinners.

Revenue for the full year fell by 6 per cent to £104.1m, with adverse [...]

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