Tag Archives: sportech

BetMakers further enhances racing content via SIS and RMG partnership

BetMakers has signed a multi-year partnership with Sports Information Services (SIS) and the Racecourse Media Group (RMG) covering live streaming of British and Irish horse racing vision and wagering content. As a result of the deal, BetMakers will act as an authorised supplier of vision and content held under rights by SIS and RMG to approved Australian corporate sports betting …

Read More »

BetMakers acquires Sportech to accelerate international growth

BetMakers has taken another step in delivering its international growth strategy by finalising the purchase of Sportech’s Racing, Tote and Digital assets. The acquisition covers Sportech’s racing, tote and digital assets in the US, UK and Europe, widening the operator’s international customer base, as well as bolstering its position in the expanding US market. Integration of Sportech’s assets is also …

Read More »

Sportech proposes listing switch to London AIM

The governance of Sportech Plc has proposed that the racing and wagering systems supplier move its public listing from the London Stock Exchange (LSE) to the London AIM.  The switch to the smaller London AIM has been branded as a better strategic option for Sportech considering its size, allowing the technology firm to “agree and execute certain transactions more quickly …

Read More »

Sportech sheds Bump weight to Canadian Banknote

Sportech Plc has entered a ‘conditional agreement’ with Canadian Banknote Company (CBN) to sell its Bump Worldwide Inc subsidiary for a ‘gross consideration’ of CAD $10 million (circa £5.7m). Bump is the digital and in-stadia draw-based raffles solutions subsidiary of Sportech Plc which primarily services North American pro-sports franchises and collegiate sports organisations. Updating investors, Sportech confirmed that it had …

Read More »

Danske Spil renews Quantum contract with Sportech

Sportech Plc has announced a major client extension as Danske Spil, Denmark’s state-owned lottery operator, renews its pari-mutuel technology agreement with the racing systems provider.  The agreement will see Danske Spil continue to utilise Sportech’s ‘Quantum’ software as lead retail system for racing tote and pari-mutuel markets. Last year, Danske Spil undertook a group-wide overhaul of its retail racing system …

Read More »

Winning Post: US tribes scrabble for market advantage

Regulus Partners observes that US wagering’s heritage stakeholders are playing unsustainable word games to maintain market advantages… __________ Among all the drivers shaping sports betting adoption in the US, a very important factor often left out of accumulating lists is grammar and the meaning of words. On one level the importance of what words mean to the evolving landscape is …

Read More »

BetMakers given the green light to acquire Sportech

BetMakers given the green light to acquire Sportech

BetMakers Technology Group has completed an AU$50 million placement which will support its acquisition of Sportech‘s racing and digital assets. Sportech’s shareholders approved the acquisition yesterday, with the deal including its US, UK and European racing and digital assets valued at £30.9 million. Through the agreement, BetMakers will make an initial payment of £6.2 million before paying the balance of …

Read More »

BetMakers leads €34m pursuit of Sportech to supercharge global outlook

BetMakers Technology Group has this morning communicated that it has reached a ‘binding agreement’ with the board of Sportech Plc to acquire the company for AUS $56.2 (€34m) valuation, undertaken on a cash-free / debt-free basis. The ASX-listed technology group will acquire all Sportech US, European and UK assets and IPs, establishing the company as the leading global supplier of …

Read More »

Danske Spil orders Sportech pari-mutuel upgrade

Danske Spil, Denmark’s state-owned sports betting and lottery operator, has upgraded its horse racing wagering capacity by integrating Sportech’s flagship Quantum solution within its retail point-of-sales network. The Quantum upgrade will see Danske Spil’s entire retail network able to process pari-mutuel bets on horse racing, whilst providing a greater depth of pooled racing markets for customers. Danske Spil confirmed that …

Read More »

CrustLab: Pairing industry ‘know-how’ with software expertise

CrustLab

Many companies have the technical capacity to deliver custom software for web development and mobile applications, yet delivering solutions specifically tailored to the gambling industry can often come with a different set of challenges.  Adam Gontarz, CEO of CrustLab, explains why his company’s ‘industry know-how’ stands it apart from the competition, before discussing the impact of Apple guidelines, the size …

Read More »