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Sportech swings to loss in 2017 after year of significant change

24th April 2018 8:42 am GMT

London-listed betting technology provider Sportech has reported a 2 per cent increase in revenue to £66.3m for 2017, alongside a swing to a loss of £24.4m for the year.

During the year the company sold its core Football Pools business, underwent an unsuccessful sale process, and saw the departure of its chairman Roger Withers, chief executive Ian Penrose and chief financial officer Mickey Kalifa.

"2017 was a year of material change for Sportech and 2018 is shaping [...]

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