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Sportech grows H1 revenue as Connecticut wagering recovers

London-listed betting technology supplier Sportech has reported a 59.5 per cent increase in revenue from continuing operations to £13.4m during the first half of 2021.

Revenue [...]

1 min read
Sportech

Sportech overhauls senior management team

London-listed betting technology supplier Sportech is overhauling its senior management team with the appointment of a new chief executive and chief financial officer.

Following the company’s [...]

1 min read

Connecticut Lottery selects Rush Street Interactive as sports betting partner

The Connecticut Lottery Corporation (CLC) has selected Rush Street Interactive (RSI) as its sports betting operations partner, with Sportech set to operate a number of [...]

1 min read
Sportech

Sportech plans £35.5m return of capital to shareholders

London-listed betting technology supplier Sportech plans to return up to £35.5m to shareholders through a proposed tender offer and capital reduction.

The company aims to buy [...]

1 min read

BetMakers agrees deal to acquire Australia’s Form Cruncher and Swopstakes

Sydney-listed betting technology provider BetMakers is looking to further enhance its product offering with the acquisitions of racing data company Form Cruncher and Australian sweepstakes [...]

1 min read
Sportech

Sportech aims to return cash to shareholders

London-listed betting technology supplier Sportech has confirmed the completion of three corporate transactions with an aggregate net cash value of £36.1m, with the majority of [...]

1 min read
Sportech

Sportech proposes switch to AIM listing

Betting technology provider Sportech is looking to delist from the main market of the London Stock Exchange in favour of a listing on AIM.

The board [...]

2 mins read
Sportech

Sportech 2020 revenue hit by pandemic

London-listed sports betting technology provider Sportech has posted a 41 per cent decline in revenue from continuing operations to £20.0m in 2020, as trading was [...]

1 min read
Sportech

Sportech focuses on sports betting opportunities in Connecticut

London-listed Sportech is projected to generate net cash of £36.1m from the sale of some of its businesses and assets, as the company looks to [...]

1 min read
Sportech

Ascend Fundraising Solutions takes aim at Sportech’s Bump 50:50

Toronto-based raffle and private lottery solutions provider Ascend Fundraising Solutions has spoken out against London-listed Sportech, accusing the company of failing to engage in discussions [...]

1 min read

Sportech agrees sale of Bump 50:50 to Canadian Bank Note

London-listed betting technology supplier Sportech has agreed a conditional deal to sell its Bump 50:50 digital raffle business to Canadian Bank Note Company.

The sale of [...]

1 min read
Sportech

Sportech extends Tote services deal with Danske Spil

London-listed sports betting technology supplier Sportech has extended its technology licensing and services agreement with Denmark’s state-owned gaming operator Danske Licens Spil.

The new multi-year agreement [...]

2 mins read