Sportech Positive full year outlook

Friday November 9, 2012 : PROGRESS FOR SPORTECH
 
Positive full year outlook based on trading to date
 
Sportech PLC reported on its progress for the period July 1 to date in its Interim Management Statement released this week saying the Group is trading in line with Board expectations as it makes operational progress across all its business areas.
 
Sportech's Interactive Products & Services division has successfully launched the full service contract with Pocono Downs announced earlier this year and will provide full interactive products and services to 123 Racing in a recently signed multi-year contract.  Its new online software platform remains on schedule as the company accelerates development of the division.
 
A single wallet solution for all e-gaming products has been achieved with the Company's full product range transitioning to the Playtech platform albeit resulting in a slower than anticipated response to Sportech's e-gaming portfolio which is attributed to the impact of brand changes and system migrations.