Tag Archives: sportech

Sportech boosts commercial muscle by appointing Ben Warn as Non-Executive Director 

International racing and wagering systems provider Sportech Plc has expanded its leadership after confirming the appointment of Ben Warn as a Non-Executive Director.    With 20 years experience as an industry executive, Warn has led product and consumer strategies for a number of tier-1 betting companies such as Sky Bet, Rank Group and UKbetting Plc. Prior to joining Sportech, Warn also served …

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Refocused Sportech loses shine on Stamford impairment 

Sportech Plc is confident that its expanded product portfolio will help it through the uncertainty of COVID-19, following a year of vital transformations across the company. Publishing its full-year 2019 results, the firm recorded a 2% group revenue increase to £65 million (FY2018: £63.5m) by optimising its cash-generating assets and operations.  Product upgrades saw Sportech confirm ‘service growth’ for its …

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Irish Greyhound Board orders Sportech Tote upgrade

Copyright: juhku / 123RF Stock Photo

The Irish Greyhound Board (IGB) has sanctioned racing systems provider Sportech Plc to upgrade its Tote wagering services operating across its syndicated Ireland track portfolio. Securing a multi-year agreement with the Sportech Racing and Digital division, IGB upgrades its current ‘Series 7 Tote’ to Sportech’s state-of-the-art Quantum™ System. The agreement sees IGB partner with the ‘most widely deployed’ Tote betting …

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Sportech strengthens product and commercial teams with three new hires

International betting technology firm Sportech has confirmed the appointments of Paul Rietdyke, Leon Hosking and Chris Rogers, who will join the group’s product and commercial teams. Rietdyke’s appointment is hoped to ‘elevate clients’ online digital experiences to the next level’ as he joins the company as the new head of product user experience and design. Prior to his new role, …

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Sportech recovery driven by operational efficiencies

The governance of London-listed Sportech Plc has detailed confidence in the firm’s performance and future prospects as 2019 trading is forecasted to surpass ‘adjusted EBITDA expectations’. Updating investors, Sportech governance details that the company has benefited from ‘operational efficiencies’ implemented across the firm’s business channels, forming part of Sportech’s wider group transformation programme. During the course of 2019, the racing …

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Sportech becomes associate member of WLA

International betting technology firm Sportech has been accepted as an associate member of the World Lottery Association (WLA) after it was recognised for providing gaming solutions to national lottery, pools lottery, and charitable sports raffle operators across North America. The announcement builds on Sportech’s latest lottery contracts in North America, Europe and the Caribbean, with the international gaming technology company making significant investment …

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Sportech H1 2019 revenues hampered by “venues’ challenges”

International betting tech firm Sportech has published its interim results for the six months ended 30 June. The figures, which came in lower year-on-year, reflect an ongoing period of transition for the company as it moves towards a more digitized business, while removing cost to increase efficiencies. Revenue growth in Racing, Bump 50:50 and Lottery were all, it said, offset …

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SIS picks Sportech software for greyhound global pool

SIS

SIS (Sports Information Services) has struck a commingling totalisator agreement with Sportech to create and disseminate a worldwide pool for greyhound racing. The company said it will utilise Sportech’s Quantum™ System pari-mutuel betting software to offer the greyhound global pool, leveraging Sportech’s “unrivalled worldwide reach and expansive global commingling capabilities”.  Sportech, meanwhile, will also provide hosting and operational services of …

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Transforming Sportech appoints Richard McGuire as Group CEO

Sportech Plc continues its governance and leadership restructure, confirming that Interim Group Executive Chairman Richard McGuire has accepted the position of Group Chief Executive on a permanent basis. McGuire has led the London-listed wagering and racing systems supplier since November 2018, following the departure of former incumbent Andrew Gaughan as Group CEO. This May, McGuire presented Sportech’s AGM update, detailing …

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Sportech delivers on ‘Ascot World Pool’ project

London-listed racing and wagering systems supplier Sportech Plc has announced that it successfully delivered the new “Ascot World Pool’, completing a ‘commingling project’ undertaken for major racing stakeholders Betfred Totepool, Ascot Racecourse, and Hong Kong Jockey Club. Launched at Royal Ascot 2019, the World Pool is a pari-mutuel betting pool designed to maximize liquidity by combining wagers from global Ascot …

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