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Sportech More players, plans for a major acquisition

11/28/09 - The British gambling group Sportech released a management statement as the week ended, reporting a positive six months of business and predicting that it will show a full-year improvement on its 2008 numbers.
 
Despite the depressed economic conditions, the company managed to make good progress in overseas markets and claims it is currently negotiating an unidentified major acquisition that has considerable long-term potential.

BofogLife SportsBook

The integration of the Vernons pools business was almost complete, the statement informed, with that company's traditional direct-to-home customer market, now accounting for more than 70 percent of the weekly Classic Pools customer base. Gross win for the year on its core Classic Pools products is at similar levels to last year while customer attrition levels in the collector channel are running at their lowest levels since 1994.
 
Management notes that the firm has registered its best ever performance in terms of new online customer acquisitions, with current active numbers since the start of the football season more than 40 percent ahead of the same period in 2008, thanks largely to its FootballPools.com platform, which it believes is an important element of its turnaround strategy.
 
“While general economic conditions remain challenging for Sportech and the gambling sector as a whole, improvements continue to be made in all of the key long-term areas of operations and business development,” Management reported.
 
“The group has continued to enhance its range of products, secured additional distribution and significantly enhanced its technological capabilities



Gambling News :

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3 New Betsoft Slots - 3 new Betsoft slot Games were also added this week to most online casinos allowing US players.

2017 Bodog Super Millions Poker Open - The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.

Pokerstars Pulls Out Of Coloumbia - Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.

The Railbird Launched By Americas Card Room #acra - Watching your friends conquer the tables just got a whole lot easier. Americas Card Room recently launched its industry-first Player Observer Tool dubbed “The Railbird”, a new feature that allows players seated at Americas Card Room tables to instantly share a live stream of their action with friends.

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Huge Caribbean Hold’Em hit at Bovada Casino - A progressive jackpot strikes again! This time it was at Bovada Casino, where a Texas player landed the top hand playing Caribbean Hold’Em over the weekend. A grand total of $119,348 was collected from the poker-inspired table game.

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New PartyPoker Pro Richard Dubini - A regular player in the Latin American live circuit, Dubini will travel alongside partypoker ambassador Joao Simao to gain feedback from players about partypoker to help optimise both live and online poker for the local players.

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