Sportech Share Price (SPO)

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Share Name Share Symbol Market Type Share ISIN Share Description
Sportech Plc LSE:SPO London Ordinary Share GB00B28ZPV64 ORD 20P
  Price Change % Change Share Price Shares Traded Last Trade
  0.40 1.48% 27.40 61,510 16:35:15
Bid Price Offer Price High Price Low Price Open Price
26.30 28.50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Travel & Leisure 63.72 -2.44 -1.40 51
Last Trade Time Trade Type Trade Size Trade Price Currency
17:07:40 O 10,000 26.50 GBX
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Flutter Entertainment (FLTR), Ryanair (RYA), Intosol (INTO), Challenger Acquisitions (CHAL)

Sportech (SPO) Latest News

Sportech News

Date Time Source Headline
20/1/202116:40UKREGSportech PLC Second Price Monitoring Extn
20/1/202116:35UKREGSportech PLC Price Monitoring Extension
08/1/202115:28UKREGSportech PLC Notification of Major Holdings
24/12/202013:16ALNCSportech Shareholders Give Thumbs Up To GBP31 Million Global Tote Sale
24/12/202010:30UKREGSportech PLC Result of General Meeting
18/12/202012:00UKREGPeel Hunt LLP Form 8.5 (EPT/RI) - Sportech Plc
17/12/202019:37ALNCUK TRADING UPDATE SUMMARY: Polar Capital Adds GBP1.2 Billion To Assets
17/12/202017:29UKREGSportech PLC Termination of discussions
17/12/202017:05UKREGStandard General L.P. Statement Regarding Sportech PLC
17/12/202014:47UKREGKillik & Co. LLP Form 8.3 - Sportech plc
More Sportech News
Sportech Investors    Sportech Takeover Rumours

Sportech (SPO) Discussions and Chat

Sportech Forums and Chat

Date Time Title Posts
27/12/202011:07Sportech > - Online Gaming ->>2,948
12/4/200608:32GROWTH FOR 2006 / 20077
12/1/200620:18Sporttech - the next GMC-like rocket?1,047
11/7/200517:05KEEP AN EYE ON SPORTECH?????????63
11/6/200510:29SPORTECH...A sitting duck for a sporting bid???7

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Sportech (SPO) Top Chat Posts

DateSubject
23/1/2021
08:20		Sportech Daily Update: Sportech Plc is listed in the Travel & Leisure sector of the London Stock Exchange with ticker SPO. The last closing price for Sportech was 27p.
Sportech Plc has a 4 week average price of 25.50p and a 12 week average price of 16.65p.
The 1 year high share price is 32.90p while the 1 year low share price is currently 10.80p.
There are currently 186,751,257 shares in issue and the average daily traded volume is 195,977 shares. The market capitalisation of Sportech Plc is £51,169,844.42.
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02/12/2020
07:48		nod: Betmaker BET has gone to the Australian market to raise funds for the agreed offer and working capital. From the BET Capital Raising document (linked at end of this post): The Sportech divisions will be acquired on a cash-free, debt free basis and includes Sportech’s: • Tote business (USA, Latin America, UK and Europe) - which provides B2B hardware, software, support, race day controls and parimutuel pool interfacing and co-mingling to racetracks, casinos and other venues; • Americas Digital business - which provides white label B2B digital betting solutions to Advanced Deposit Wagering / Online Racing Bookmaker operators; and • Tote software engine known as ‘Quantum’. together the “Tote and Digital Business”. The consideration payable by BetMakers for the Acquisition is $56.2m (being £30.9m) (Purchase Price). 2 The Acquisition is subject to approval by Sportech’s shareholders. A meeting of Sportech’s shareholders is expected to occur on or around the week commencing 21 December 2020 (Meeting). Sportech’s Board has agreed to recommend that shareholders approve the Acquisition. https://hotcopper.com.au/data/announcements/ASX/2A1267236_BET.pdf
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02/12/2020
04:28		nod: TEB, tote is our "core business" (in SPO's words) but there is a small rake on tote and SPO is the technology provider to multiple tote operators, such as UK Tote. It seems the whole global Tote operation is being sold - both horses and dogs. I will need to look closely at the annual report to work out what's left in terms of revenue. Are we in this the process of selling parts of the company piece by piece? in the absence of a buyer for the whole business.
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16/11/2020
07:06		jabers1: Sportech PLC Sale of New Haven property 16/11/2020 7:00am UK Regulatory (RNS & others) TIDMSPO RNS Number : 3507F Sportech PLC 16 November 2020 For immediate release 16 November 2020 Sportech PLC ("Sportech", the "Group" or the "Company") Sale of New Haven property Sportech (LSE: SPO), an international betting technology business, is pleased to announce it has agreed the conditional sale (the "Sale") of its Sports Haven property in New Haven, Connecticut, USA (the "Property") to Criterion Group LLC (the "Buyer"). The Sale proceeds of US$6.75 million (GBP5.1 million) will be paid in cash on completion. Completion is subject to the Buyer concluding acceptable due diligence on the Property, which is anticipated to conclude towards the end of March 2021. The consideration represents a premium to the 30 June 2020 balance sheet gross asset value of the Property of US$1.65 million (GBP1.2 million). The proceeds from the Sale will create further investment capital for the Group's Connecticut business and further strengthen the Group's financial position. At completion, the Group will enter a six-month lease for use of the Property for a rent of US$0.30 million. In the year ending 31 December 2019, the Property contributed US$-0.5 million (GBP-0.4 million) to the Group's loss before tax. The Sale constitutes a Class 2 transaction under the Financial Conduct Authority's Listing Rules. Publication on website A copy of this announcement is also available on the Group's website at www.sportechplc.com. - Ends - For further information, please contact: Sportech PLC Tel: +44 (0) 117 Giles Vardey, Chairman 902 9000 Richard McGuire, Chief Executive Officer Tom Hearne, Chief Financial Officer Peel Hunt Tel: +44 (0) 20 7418 8900 George Sellar / Andrew Clark Buchanan Tel: +44 (0) 20 7466 5000 Henry Harrison-Topham / Jamie Hooper sportech@buchanan.uk.com
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16/11/2020
07:05		jabers1: https://uk.advfn.com/stock-market/london/sportech-SPO/share-news/Sportech-PLC-Sale-of-New-Haven-property/83687117
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06/11/2020
08:09		trentendboy: Far too cheap - funny how all of this leaks out and the share price went up so much from 11p This shows there will be more consolidation happening. Far far too cheap but anyway, annoying to have missed this large rise (although I have a core holding from a much higher entry price)
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16/9/2020
13:19		finkie: whilst shareholder loyalty is to be applauded im not convinced this will make it, i think its at a share price level (with imminent sector consolidation) that screams zero for shareholders and a nice turn for someone later down the line. it loses money and it appears to be losing money at its last throw of the dice on these physical venues it doesnt have the scale or muscle to keep getting it wrong. William Hill was a dog that hit 30p in March and is now 220p that has things people want and are happy to increase the price daily to get hold off....this just doesnt, proof is in the last 6 months for me, its tried and failed to gain traction.
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15/9/2020
05:41		nod: Rep. Matt Ritter (D-Hartford) says negotiations surrounding gambling expansion have not progressed in his four-plus years as House majority leader. “I’m kind of at my wits end with everything going on with our casinos,” said Ritter, who would like to see sports betting and online gaming offered in Connecticut. “We need to move into the 21st century. The fact that we do not have sports betting is beyond silly.” Ritter said he sees a path for both the tribes and other operators to have a piece of sports betting and online gaming, with the casinos taking home the largest share of the new revenue stream. “I fully support it, and at some point I’m not going to negotiate behind closed doors for months on end,” he said. “I will just put it on the floor, people can vote any way they want. At this point, I’m sick of having backdoor conversations.”;
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09/6/2020
02:15		nod: TOTE is a low margin business compared to casino and sports betting. We have valuable licences across the USA and some useful partnerships with online gaming companies but most relate to tote services, which is our forte. We have sports betting set up and just need to win a licence somewhere and then we are out of the gates. Rather like PTEC has just done.We had banked on Connecticut, where we have most licences, and everyone supports us except the two Indian Tribes, who want a monopoly on sports betting. The new Governor is holding out for a non-exclusive agreement to include SPO. In the meantime the Tribes' casinos and Sportech all have declining incomes as bets are going out of State.
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22/10/2019
07:28		finkie: What’s occurring then? 29p now 34p to buy in spo share price movement terms ‘that’s mega’
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23/8/2017
17:56		van zandt: Hi Nod and others, Nod I just don't know quite what is going on with SPO , just have a funny feeling but we will see tomorrow may be good or we are blind sided again. I suppose you have seen details published August 9th 2017, I sourced it from Bloomberg. "Dansk Hestevæddeløb ApS, Operator of All Nine Racetracks in Denmark, Selects Sportech as New Technology Partner 2017-08-09 Dansk Hestevæddeløb ApS, Operator of All Nine Racetracks in Denmark, Selects Sportech as New Technology Partner PR Newswire NEW HAVEN, Conn., Aug. 9, 2017 NEW HAVEN, Conn., Aug. 9, 2017 /PRNewswire/ -- Sportech Racing and Digital, a division of Sportech PLC, (LSE: SPO), has been selected to provide pari-mutuel betting technologies and services to Dansk Hestevæddeløb ApS ("DHV"), the joint operating company for horse racing and operator of all nine racetracks in Denmark. Sportech Racing and Digital has had a presence in Denmark for many years, providing Danske Spil A/S, the national lottery in Denmark and a valued long-term customer, with pari-mutuel betting technology for land based and digital channels. DHV's selection of Sportech follows the Danish Government's decision to liberalize horse race betting effective January 2018. Sportech will provide a suite of pari-mutuel betting technologies and services including the central system that will act as the Danish national host to consolidate all betting from private betting operators, including Danske Spil. The package will comprise Sportech's Quantum™ System, the most widely deployed pari-mutuel betting software in the world, and hosting services from Sportech's worldwide service delivery network. The Quantum™ configuration will also facilitate the implementation of digital betting solutions, such as Sportech's G4 website and Digital Link™ mobile, by future private operators. Henrik Friis, CEO of Dansk Hestevæddeløb ApS, stated, "We sought a technology partner with an exceptional suite of products and services, strong options for digital and self-service betting, and direct access to global commingling markets. Sportech met these requirements, and their well-established track record and presence in Europe assures us that we will receive excellent support. We are looking forward to working with Sportech to offer a reliable and satisfying betting experience to our private betting operator partners." Andrew Gaughan, President of Sportech Racing and Digital, stated: "We at Sportech are very pleased to have been selected by Dansk Hestevæddeløb as their tote technology provider and look forward to working with them to help grow betting on horse racing under Denmark's newly liberalizing horse racing environment. We are pleased to note that this agreement further cements Sportech's position as the leading independent provider of pari-mutuel betting technologies and services in Europe, building upon Sportech's already strong position in Denmark, the United Kingdom, Ireland, Finland, The Netherlands, Turkey, Spain, and Cyprus." About Sportech Racing and Digital and Sportech PLC Sportech Racing and Digital is a leading global provider of wagering technology solutions to licensed betting operators and a division of Sportech PLC, one of the world's leading operators and suppliers of pools betting services. The Sportech Racing and Digital footprint is international in scope, with significant market positions in The Americas and Europe and a growing presence in Asia. Globally we process $11.6 billion in bets annually, with a presence in 37 countries, and customers in most US states that permit such betting. In addition to software, hardware, and services that facilitate land-based pari-mutuel wagering, Sportech is one of the largest internet and mobile wagering technology providers in the U.S. Sportech's Bump 50:50 division provides technologies and services to allow charitable foundations affiliated with professional sports teams to implement 50/50 raffles. This year, Sportech Racing and Digital is proud to celebrate its Centennial Anniversary. For more information on Sportech Racing and Digital, please visit www.sportech.net. For more on Sportech PLC, please visit www.sportechplc.com. View original content:hxxp://www.prnewswire.com/news-releases/dansk-hestevaeddelob-aps-operator-of-all-nine-racetracks-in-denmark-selects-sportech-as-new-technology-partner-300501883.html SOURCE Sportech Racing and Digital as ever regards, VZ
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