Login/Register
NetEnt
NetEnt
Solitics
BigTimeGaming

Scientific Games Corporation sells entire stake in Sportech

9th January 2014 12:02 pm GMT

US gaming and lottery supplier Scientific Games Corporation has sold its entire shareholding in UK-listed Sportech for £27.8m.

Scientific Games held 39,742,179 shares in Sportech, representing approximately 19.99 per cent of the company’s total shares.

The company held the shares since January 2010 following Sportech's acquisition of its pari-mutuel wagering subsidiary Scientific Games Racing (SGR).

Sportech paid an initial consideration at the time which was satisfied by the issue of 39,742,179 shares at 50 pence per share (equivalent [...]

Continue reading

Subscribe for full access to Gaming Intelligence including premium news content, feature articles, news archive, company profiles and more. Includes subscription to the print edition of GIQ magazine and postage.

Subscribe

Already a subscriber or registered user? Login

Greentube
EveryMatrix
Pragmatic Play
Skywind
Playtech
Solitics