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Sportech engages with Standard General with view to possible sale

New York-based investment firm Standard General has been set a two-week deadline to decide whether to make a formal offer to acquire London-listed Sportech.

Standard General [...]

1 min read

BetMakers eyes global expansion with Sportech Tote acquisition

Sydney-listed gaming technology supplier BetMakers has agreed a deal to acquire Sportech’s Global Tote business for AUD$56.2m (£30.9m).

BetMakers said that the acquisition will establish the [...]

1 min read
Sportech

Sportech sells Connecticut venue; expands in Denmark

London-listed gaming technology supplier and venues operator Sportech has agreed the conditional sale of its Sports Haven bar and grill and sports wagering venue in [...]

1 min read

Sportech extends UK Tote Group licensing and services deal

London-listed sports betting technology provider Sportech has extended its partnership with the UK Tote Group through a new multi-year licensing and services contract.

The agreement assures [...]

2 mins read

Sportech extends Jockey Club del Perú tote services deal

London-listed betting technology provider Sportech has extended its tote services agreement with Jockey Club del Perú.

Through a deal with subsidiary Sportech Racing and Digital, pari-mutuel [...]

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Sportech reports widened loss of £10.7m in first half of 2020

London-listed betting operator and supplier Sportech has recorded a 38 per cent fall in revenue for the first half of the year as operations were [...]

1 min read

Paysafe partners Sportech’s Bump 50:50 for new contactless payment solution

Payments provider Paysafe Group has agreed a deal to launch a new contactless payment solution for Sportech’s Bump 50:50 digital raffle business.

The agreement allows Bump [...]

2 mins read

Sportech reduces operational costs to weather COVID-19 storm

London-listed sports betting technology provider Sportech has slashed operating costs during the first half of 2020 in an effort to partially offset the severe revenue [...]

1 min read

Sportech partners UK Tote for new horse racing commingling pool

London-listed sports betting technology provider Sportech has agreed a deal to commence a new international commingling racing pool for the UK Tote Group.

Under the multi-year [...]

1 min read

Sportech posts 2019 revenue growth despite challenging retail environment

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 [...]

1 min read

Irish Greyhound Board renews Sportech betting platform deal

London-listed sports betting technology provider Sportech has extended its tote betting services agreement with the Irish Greyhound Board.

The new multi-year deal will see the company's Sportech [...]

2 mins read

Sportech eyes B2B growth with new hires

London-listed sports betting technology provider Sportech has made three key appointments as it looks to strengthen its commercial and product teams across its B2B division.

1 min read