Login/Register
Evolution
Evolution
Digitain

Sportech announces £7m capital distribution

27th April 2022 9:58 am GMT
Sportech
Greentube

London-listed technology supplier and gaming operator Sportech will return £7.0m to shareholders through a capital distribution.

The distribution follows the sale of Sportech’s terrestrial lottery business in the Dominican Republic for £9.25m in January, with retained capital earmarked for financing organic growth opportunities.

“Management's successful sale of the terrestrial lottery business facilitated this £7m shareholder distribution taking the total returned to investors in the last nine months to £42.5m,” said Richard McGuire, Sportech’s newly elected non-executive chairman.

“In [...]

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

Related Videos
Uplatform
Pragmatic Solutions
G2E
Digitain