Industry News
Sportech reduces forecast for the year

UK-based gambling and entertainment company Sportech has lowered the revenue forecast for the year, because of the failure to thrash out some expected sales agreements. The newly forecasted Adjusted Ebitda for the year through December is now 14–20 per cent lower than current market expectations of £8.5m.
“Whilst we are disappointed not to have secured some international sales contracts by the year end, we continue to focus on signing these contracts,” – stated chief executive Andrew Gaughan.
“We are working proactively with Connecticut and other states in the US to secure the rights to conduct sports betting as a licensed operator and we expect that sports betting revenues will commence in the second half of 2019.”
-
Asia7 days ago
PAGCOR: Online Gaming fuels nation-building, but illegal sites pose risks
-
Latest News7 days ago
The Next Big Step in Online Casinos From Mobile Gaming to the Metaverse
-
Africa6 days ago
MulaSport launches Kiron’s data-lite Soccer Game across 5 countries in Africa
-
Latest News7 days ago
MARCA Named Official Strategic Partner for Legends Charity Game 2025
-
Asia6 days ago
Galaxy Entertainment Opens New Overseas Office in Singapore
-
Industry Awards6 days ago
BETBY SUCCESSFULLY WRAPS SiGMA EUROMED 2025 PARTICIPATION WITH SPORTSBOOK RECOGNITION
-
Compliance Updates6 days ago
BOS in letter to the Government: appoint a new Gambling Inquiry
-
Central Europe6 days ago
CT Interactive grows its certified game portfolio in the Slovak market