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 …
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New York hedge fund Standard General LLP has revealed that it has had a series of cash offers rejected by LSE-listed wagering and racing systems provider Sportech Plc. The hedge fund said that its ‘latest cash offer’ of 28.5 pence per share, offering Sportech investors a 58% premium on the firm’s October LSE closing price of 18 pence per share, …
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Sportech has confirmed that it has signed a new multi-year licensing and services contract with UK Tote Group. The extended partnership will assure Sportech’s continued delivery of pools betting technologies and services via its Quantum System, which underpins the Tote’s domestic pools betting. The Quantum system will also allow the UK Tote to significantly deepen its pool volumes, featuring global …
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Ahead of today’s AGM, Sportech Plc has issued a trading update, informing investors of further COVID-19 pandemic impacts and countermeasures undertaken by the LSE-listed wagering technology group. Updating investors, Sportech explained that it has implemented its pandemic cost-saving measures announced during March trading, based on its forecast scenario that global sporting events would be curtailed through to the end of …
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RPM Gaming, a supplier of bespoke gambling hardware and API solutions, has confirmed the appointment of Ian Hogg as new company Chairman. Bringing with him over 20 years’ betting and gaming experience, Hogg has served as a Director of Arena Leisure and Managing Director for horse racing network At The Races. He has also served as the COO of Sportech, …
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Entering a multi-year agreement, the new UK Tote Group is set to expand its international wagering capacity by utilising Sportech Plc systems and technologies. The UK Tote will use Sportech’s flagship ‘Quantum System’ to enhance its commingling capabilities by securing data to Sportech’s global partnerships with leading race organisers such as The Hong Kong Jockey Club (HKJC) The Quantum system …
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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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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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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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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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