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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.

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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 :

2 New Christmas Slots For Microgaming - Microgaming’s jolly game additions this December. Microgaming adds two more games to kick off the festive season, in addition to its action-packed Highlander online slot.

SportsBetting Supreme Court Showdown - Sports Law, Betting and Integrity leaders convene to preview Supreme Court Showdown. Thought leaders weigh in on Christie vs. NCAA (which in January will shift to Murphy vs. NCAA)

Mega Moolah Progressive Slot Pays Again - On 15 November 2017, the Mega Moolah jackpot was won by a Grand Mondial Casino player. They took home €938,306.35.

Microgame S.p.A. in deal with Prima Networks - Prima Networks, powered by Microgaming, has signed a deal with Microgame S.p.A., the leading Italian gaming service provider.

NBA Odds: Heat Can Burn Cavaliers in Cleveland - The Cleveland Cavaliers (12-7 SU, 6-12-1 ATS) may have turned their season around, but they’ve got a challenging matchup this Tuesday against the Miami Heat (9-9 SU, 7-9-2 ATS), tipping off at 7 PM ET on NBA-TV. Miami is 7-4 SU and 6-5 ATS against the Cavs since LeBron James went back to Cleveland in 2014.

Games Concept Day in Malta - The Quickfire Games Concept Day is the second full-day workshop to date, the first being held in Gibraltar in July.

AFC’s fight against match-fixing - The Asian Football Confederation (AFC) has introduced a new AFC integrity mobile application, which will enable fans, players and officials to report possible suspicious activities or provide information concerning match-fixing or corruption to the AFC Integrity Unit.

PartyPoker Removes Dormant Account Fees - partypoker today announced that players will no longer be charged fees for inactivity on their online accounts.

NHL Odds: Rangers Look for Seventh Straight in Chicago - The Chicago Blackhawks (8-8-2) will try to get their season on track this Wednesday when they host the surging New York Rangers (9-7-2) in an Original Six showdown. NBCSN has the coverage beginning at 8 PM ET.

ACR $1,400,000 High Five Tournament Series - It has five added tournaments a day for five straight days, with the $420k Main Event on the final day. There are Texas hold’em and PLO game types, and tons of structures.a

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