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Sportech posts 2019 revenue growth despite challenging retail environment

19th March 2020 11:05 am GMT

London-listed sports betting technology provider Sportech has reported a 2 per cent increase in revenue to £64.8m for 2019, following growth in the company’s Racing and Digital division.

On a constant currency, total revenue was down 2 per cent year-on-year, despite a 4 per cent improvement in revenue from Racing and Digital to £36.5m, which included revenue of £2.0m from its North American-facing raffle business Bump 50:50.

Revenue from Venues fell by 9 per cent year-on-year to £28.8m, with food and beverage [...]

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