November 10, 2016
Sportech PLC has revealed that its football pools business is performing to expectations, despite the uncertainty caused by the recent failed takeover bid by Burlywood Capital. In a trading update, Sportech said that The Football Pools continues to trade in line with management expectations, and is demonstrating the move to stability that we have been striving for in 2016. It …
Read More »November 1, 2016
Updating the market this morning, Sportech Plc has informed that its ‘The Football Pools’ division will not be sold to industry private equity firm Burlywood Capital. Last September, a sale of the Football Pools was announced with Burlywood governance agreeing to pay Sportech a total cash consideration of £97 million for its asset. Issuing a corporate update, Sportech’s CEO Ian …
Read More »September 13, 2016
Updating the market this morning, the board of Sportech Plc has announced that it has reached an agreement to sell The Football Pools to Burlywood Capital (Burlywood) for a total cash consideration of £97.25 million on a debt free/cash free basis. Sportech’s board will forward Burlywood proposal to investors, stating that the offer represented ‘an attractive opportunity to realise the …
Read More »October 17, 2014
GamCrowd.com has partnered igaming-specialist law firm Joelson Wilson with the aim of helping to provide investors and entrepreneurs with the ultimate guide to crowdfunding at this year’s EiG. Having served the remote gambling sector since the 1990s, Joelson Wilson has acted for a host of start-ups seeking seed capital funding. It has also assisted major corporates, operators and suppliers on …
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