Tag Archives: sportech

Pool and racing wagering technology supplier Sportech Plc, has announced the appointment of Mickey Kalifa as its new Chief Financial Officer (CFO). Kalifa is set to takeover full group auditing and financial responsibilities upon the announcement of year-end corporate results for 2015 (date set for 3 March 2016). Sportech governance has detailed that Kalifa has begun the handover from outgoing …

Sportech Racing has furthered its presence in the US market, by announcing that it will become wagering technology and services supplier for Remington Park (Oklahoma) and Lone Star Park Racetrack (Texas). The racetrack agreements have been formed under a new partnership with racing operator Chickasaw Nation Global Gaming. Sportech is set to provide its comprehensive suite of pari-mutuel betting services …

US racing operator Penn National Gaming has announced that it has partnered with Sportech Racing Digital to deliver its digital and mobile betting solutions for its pari-mutuel betting inventory. Sportech Digital is set to provide Penn National with digital provisions using its G4 betting framework and Digital Link app for mobile betting. The partnership will see Sportech further provide support services …

Canadian gambling investment firm Contagious Gaming has confirmed that it will not make a bid to acquire UK betting pools technology provider Sportech Plc. Contagious Gaming issued a corporate statement alerting markets and the media of its decision to withdraw its interest in the Liverpool based operator. Sportech also issued an announcement declaring that it had not received a proposal …

Sportech Plc has been informed that its planned hearing of its £97 million value added tax repayment claim on its ‘Spot the Ball’ competition has been delayed. The operator was due to enter its claim hearings on 2 November, however Sportech was that due to a “lack of judicial availability”, its VAT hearing would have to be delayed. At present …

Manchester United has this morning announced the appointment of Cliff Baty as its new Chief Financial Officer. Baty joins the Premier League club, having led racing operator Sportech Plc’s financial operations as group CFO since 2013. Baty further served as a member of the Board of Director’s for the betting operator. A gaming and leisure veteran, Baty has held senior …

Sportech governance has confirmed that it has allowed an extended deadline till 9 October, for Canadian gambling operator Contagious Gaming to table a takeover bid for its assets. The announcement of the extension, is the first communication made by Sportech on its potential takeover bid by Contagious Gaming which was first announced on 18 August. Entering discussions in August Contagious …

In a joint partnership targeting the growing US daily fantasy sports market, gambling technology provider Sportech and marketing rewards platform Viggle Inc have teamed up to acquire MGT Capital Investments DraftDay product. The acquisition will see Sportech and Viggle combine operations and resources to create DraftDay Gaming Group. Sportech provider of betting and racing systems, views the joint partnership and …

Sportech Plc, the gambling operator at the centre of a takeover bid by Canadian gaming group Contagious Gaming has recorded a profit slump to £7.9 million for its H1 2015 performance, down 91% from the £87 million profits recorded in 2014. The operator of the Football Pools’ results have been impacted by the VAT repayment on its ‘Spot the Ball’ …

Following last Friday’s news reports that sports betting and racing technology firm Sportech had entered merger talks with Canadian firm Contagious Gaming. This morning the Toronto TSX Venture listed Contagious Gaming confirmed that it had entered talks with Sportech regarding a potential merger for the formation of “combined, technology-focused, sports wagering company”. Contagious Gaming stated that it had made its acquisition intentions under …