London-listed betting operator Sportech has confirmed the sale of its Dutch tote betting business to RBP Luxembourg in a deal worth up to €3.25m.
The company shut down its Runnerz retail betting business in the Netherlands earlier this month and has now confirmed the sale of Sportech Racing BV to RBP Luxembourg.
Sportech Racing currently holds a five-year licence for the exclusive right to offer tote betting on horseracing in the Netherlands, both online and offline.
The proposed disposal is subject [...]