UK-based online gambling and entertainment company Sportech has finalized the sale of its interest in the Dominican Republic lottery (Loteria Electronica Internacional Dominicana) to Inspired Entertainment. Sportech Sells Leidsa Interest for $14.5M The deal was valued at $14.5 million and immediately boosted the share price of Sportech by more than five percent. Out of this […]
International betting technology business Sportech is undergoing inner restructuring in the wake of the company’s downsizing. As a result, Richard McGuire and Tom Hearne will be leaving their respective positions as chief executive officer (CEO) and chief financial officer (CFO). This was announced by Sportech this morning. Sportech’s CEO and CFO Leaving Sportech’s chairman, Giles […]
On Friday of last week, Sportech, the sports betting technology company, announced the launch of a proposed tender offer. With the tender, the company plans to return up to $49.2 million to shareholders. Sportech Launches Tender Offer Sports betting technology company Sportech PLC announced the launch of a proposed tender offer on Friday of last […]
Sports betting technology supplier Sportech announced its transition from the London Stock Exchange (LSE) to the smaller London AIM exchange is now complete. Migration to AIM Complete Sportech informed all interested parties that, as of the start of the trading day today, Sportech common shares were admitted to trading on the London AIM exchange under […]
Betting technology business Sportech announced a proposal from its Board of Directors involving the de-listing of the company’s shares from the Main Market of London Stock Exchange (LSE) and enlisting them to trade on AIM. AIM More Suitable to Sportech The Board of Directors’ proposal also involves the company’s ordinary shares of 20 pence each […]
Horse racing betting technology supplier BetMakers Technology Group announced today in a filing to the Australian Stock Exchange (ASX) the remaining obstacle on the way to completion of the acquisition of Sportech’s racing and digital assets has been cleared, after shareholders of the online sports betting company voted in favor of the transaction. Shareholder Approval […]
Australian BetMakers Technology Group (BET) has announced that it has struck an $AUS 56.2m (£34m) conditional agreement to acquire Sportech Plc., which provides mutual betting technology to horse race betting operators across the globe. The Acquisition BET will acquire all Sportech racing and digital assets and IPs in the United States, United Kingdom, Europe and […]
