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Cold weather and Pools decline hit Sportech H1 results

20th August 2015 8:35 am GMT

The loss of two customers from its Racing and Digital business, adverse weather conditions affecting race schedules and the decline of the Football Pools saw London-listed operator Sportech post a 3 per cent year-on-year decline in revenue for the first half of 2015.

Sportech, which is the target of a takeover offer by Toronto-listed gaming operator Contagious Gaming, saw first half revenue fall to £51m from £52.6m a year ago, with earnings before interest, tax depreciation and [...]

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