Tag Archives: sportech

Sportech PLC today announced that it had been granted permission by the UK Court of Appeal in relation to its VAT repayment claim regarding its “Spot the Ball” competition. Sportech is set to further challenge the UK tax authorities relating to tax claims worth more than £90 million. The company issued a short corporate statement this morning stating that a …

MyWinners.com, the only website legally permitted to offer online horse-racing wagering to players in the state of Connecticut, has announced a partnership with Income Access, an iGaming-focused technology and digital marketing services provider. As part of the marketing partnership, MyWinners.com’s new affiliate program will integrate with Income Access’ platform and will be managed by the company’s acquisition specialists, who will …

The Football Pools has officially launched MatchXtra, a new pool betting opportunity with a fixed-odds betting twist.  MatchXtra uses innovative pools technology from Longitude LLC, a New York-based technological solutions company, to offer exceptionally competitive odds on Premier League and other matches throughout the world. With MatchXtra, customers are able to bet on fixed odds-type markets, such as home/draw/away, correct …

Sportech’s Football Pools has turned to creative marketing and branding specialists Someone London to help refresh its image and attract a new audience to its football pools product. In its last financial statement, Sportech revealed that although the Football Pools had maintained revenues and product margins, it had seen a decline in its number of active customers. Sportech management have …

Sportech Racing & Digital has agreed to supply Nebraska’s Lincoln Race Course and Horseman’s Park racecourses with digital and land-based betting provisions, as the pools betting provider expands its services in the USA. Both racecourse are operated by Omaha Exposition and Racing, who approached Sportech Racing & Digital to be its tote and pari-mutuel betting partner. Racecourse management will now …

The long running tax battle between Football Pools operator Sportech plc and Her Majesty’s Revenue & Customs (HMRC) is set to continue after Sportech announced that it has lodged an application for permission from the Upper Tribunal (Tax and Chancery Chamber) to appeal to the Court of Appeal in relation to the VAT repayment claim on the ‘Spot the Ball’ …

Football pools, betting and horse racing operator Sportech has been ordered to pay back a £93 million (€115 million) tax rebate after the HM Revenue & Customs (HMRC) won its appeal against a VAT overpayment claim made by the operator. The rebate ruling, relates to Sportech overpayments claimed on “Spot the Ball” competition operated by Sportech subsidiary brand Littlewoods Pools …

Football Pools operator Sportech now derives over half its income from its horseracing interests in the US. In its interim results, Sportech revealed that it generates 64% of its revenues from US-based business interests. Revenue rose for the first six months of the year rose 1.7% to £52.6m on a constant currency basis, although EBITDA was slightly down to £12.0m. …

Sportech Racing and Digital, a subsidiary of UK-listed gaming operator Sportech, has agreed a deal to supply Illinois’ Hawthorne Race Course with a range of online and land-based betting products. According to a report on industry news portal Gaming Intelligence, Sportech will provide Hawthorne with a totalisator and related services over a ten-year period, as well as a full suite …