Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSPO.L Regulatory News (SPO)

  • There is currently no data for SPO

Distribution Agreement

7 Feb 2011 07:00

RNS Number : 7565A
Sportech PLC
07 February 2011
 



 

 

7 February 2011

 

Sportech PLC ("Sportech" or "the Group")

Agreement signed with Phumelela Gold International Limited

 

 

Sportech PLC, one of the world's leading operators and suppliers of pools and tote gaming, is pleased to announce that it has signed a reciprocal agreement with Phumelela Gold International Limited ("Phumelela"), South Africa's largest pools, tote and horseracing company, to enable customers of both companies to bet into each other's football pools products.

 

This agreement allows customers of both businesses across the UK, South Africa and internationally, to bet on a range of products including Sportech's Classic Pools product, Premier 10, and Phumelela's international Soccer6 pool.

 

The Group expects the agreement to be fully operational by August 2011, in time for the start of the next UK football season.

 

Ian Penrose, Chief Executive of Sportech commented:

 

"Having completed the acquisition of Scientific Games Racing only a few months ago Sportech is now one of the world's leading pools and tote gaming companies. This important agreement with Phumelela allows us to extend our UK football pools product range into South Africa and further internationalise our customer base."

 

Rian du Plessis, Chief Executive of Phumelela said:

 

"We are delighted to be partnering Sportech, a company whose UK football pools business is known throughout the world and recognised as one of the most prestigious. This reciprocal deal increases the size of the pool for players and allows both companies to market their products internationally. We believe there are further opportunities for us to work with Sportech and I look forward to developing this relationship over time."

 

- ends -

 

 

For further information, please contact:

 

Sportech PLC 0207 268 2400

Ian R Penrose, Chief Executive

Steve Cunliffe, Finance Director

 

Pelham Bell Pottinger 0207 861 3232

David Rydell / Rosanne Perry/ Emma Kent

 

 

About Sportech PLC

 

Sportech is one of the leading suppliers and operators of pools/tote betting in the world. Every year we process over $13 billion in bets and we have a presence in 30 countries. Our businesses include:

 

·; The Football Pools: The world's oldest football gaming company, founded in 1923. The Football Pools has paid out over £10 billion in prize money and donated over £1.1 billion to good causes in Sport and the arts. The Football Pools is an official licensee of The English Premier League and Football Leagues, and official partner of the Scottish Premier League and Football Leagues. Over 500,000 customers play The Football Pools every week and we operate across a number of channels including postal, telephone, collectors, retail and online.

 

·; Sportech Racing: Comprising the former Scientific Games Racing and Autotote Enterprises, Sportech Racing is recognised within the industry as the leading provider of pools/tote wagering services to the horseracing industry. We provide a wide range of wagering technology solutions to racetracks, off-track betting networks (OTBs), internet wagering operators and casinos. Our customers are some of the biggest racing organisations in North America, Europe, Latin America, the Caribbean and Asia.

 

As part of our Sportech Venues business, formerly Autotote Enterprises, we operate 14 Off Track Betting (OTB) venues (licenses allows 18) and a telebet business, under an exclusive license in perpetuity to operate pari-mutuel wagering on horseracing in the state of Connecticut U.S.A. We also operate OTB venues, Point of Sale facilities and online wagering, under an exclusive license to operate pari-mutuel wagering on horseracing in the Netherlands until 2013.

·; Sportech e-Gaming: As the trusted name in online gaming, Sportech operates some of the most established brands in the industry including Littlewoods, Vernons and Game On. We have a wide product range which includes online bingo, casino, poker, instant win games and lotteries.

 

For more information on Sportech PLC, please visit www.sportechplc.com 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
AGRLFFVFFVIRIIL
Date   Source Headline
6th Nov 20087:00 amRNSInterim Management Statement
19th Sep 20084:47 pmRNSHolding(s) in Company
12th Sep 20082:30 pmRNSHolding(s) in Company
18th Aug 20087:00 amRNSDistribution Deal with Daily
15th Aug 20087:00 amRNSDaily Telegraph Distribution
5th Aug 20087:00 amRNSInterim Results
23rd Jul 20087:00 amRNSBoard Appointment
21st Jul 20083:00 pmRNSNotice of Results
4th Jul 200811:05 amRNSAnnual Information Update
3rd Jul 20084:23 pmRNSHolding(s) in Company
1st Jul 20084:02 pmRNSResult of AGM
1st Jul 20087:00 amRNSAGM Statement
24th Jun 20087:00 amRNSRe Agreement
24th Jun 20087:00 amRNSRe Agreement
19th May 20087:00 amRNSInterim Management Statement
14th May 20082:56 pmRNSHolding(s) in Company
14th May 20087:00 amRNSHolding(s) in Company
13th May 20085:26 pmRNSHolding(s) in Company
18th Apr 200811:20 amRNSArticles of Association
11th Apr 20084:29 pmRNSHolding(s) in Company
20th Mar 20082:10 pmRNSHolding(s) in Company
18th Mar 20087:02 amRNSFinal Results
19th Feb 200811:45 amRNSNotice of Results
22nd Jan 20083:45 pmRNSHolding(s) in Company
8th Jan 20082:54 pmRNSAnnual Information Update
6th Dec 200711:35 amRNSHolding(s) in Company
5th Dec 20075:03 pmRNSHolding(s) in Company
3rd Dec 200712:31 pmRNSAdmission
30th Nov 20071:02 pmRNSResult of EGM
28th Nov 20072:45 pmRNSHolding(s) in Company
15th Nov 200712:20 pmRNSHolding(s) in Company
9th Nov 20074:30 pmRNSHolding(s) in Company
7th Nov 20077:08 amRNSLadbrokes Plc sells Vernons
7th Nov 20077:02 amRNSAcquisition
11th Oct 20077:03 amRNSStatement re CC findings
11th Sep 20077:01 amRNSInterim Results
6th Sep 20073:19 pmRNSHolding(s) in Company
31st Aug 20077:05 amRNSStatement re CC findings
31st Aug 20077:00 amRNSSportech Merger PFs
28th Aug 20079:03 amRNSNotice of Results
16th Jul 20077:00 amRNSAppointment of NED
28th Jun 20074:59 pmRNSAGM Statement
28th Jun 20077:01 amRNSAGM Statement
12th Jun 20077:01 amRNSSportech/Vernons Merger
25th May 20078:42 amRNSStatement re OFT Decision
3rd May 200712:26 pmRNSStatement re OFT Decision
3rd May 200712:00 pmRNSMerger Update
10th Apr 200712:00 pmBUSSportech Signs up for Orbis' OpenBet(TM) Platform and Games Content
29th Mar 20077:04 amRNSOrbis Partnership
29th Mar 20077:04 amRNSScientific Games Partnership

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.