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Sportech looking to ramp up investment following H1 revenue decline

24th August 2016 7:45 am GMT

UK-listed operator Sportech has admitted that each key business division will require further investment to reach their its full potential after reporting a 4.5 per cent drop in revenue for the first half of 2016.

Revenue for the six months period fell to £48.7m, with the operator’s Racing and Digital and Venues businesses enjoying only marginal growth, and the Football Pools business posting a decline compared to a year ago.

Group EBITDA grew marginally to £11.1m, with [...]

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