16 Feb 2011 07:00
Sportech PLC ("Sportech" or "the Group")
Appointment of Joint Broker
Sportech PLC, one of the world's leading operators and suppliers of pools and tote gaming, announces that is has appointed Panmure Gordon (UK) Limited as its joint broker with immediate effect.
Investec Bank Plc ("Investec") remains engaged as financial adviser and joint broker to the Group.
- ends -
For further information, please contact:
Sportech PLC 0207 268 2400
Ian Penrose
Pelham Bell Pottinger 0207 861 3232
David Rydell / Rosanne Perry/ Emma Kent
Investec 0207 597 5970
Patrick Robb / Martin Smith
Panmure Gordon 0207 459 3600
Andrew Burnett / Adam Pollock
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