Sportech Shares Rise on News of US Entry

Written by :

Aaron Goldstein

Published on :

21 April, 2015

Gambling group Sportech (SPO) gained 2.3% to 66.25p Tuesday on news its US racing subsidiary has been awarded a gaming licence in New Jersey.

Sportech Racing will process all the wagering for the racing industry at New Jersey racecourses, off track betting facilities, certain casinos in Atlantic City, and through the state’s only sanctioned “advance deposit wagering” (online betting) service.

Ian Penrose, Sportech chief executive said “We are delighted to have been awarded our licence in New Jersey, which we believe is among the first, if not the first, to be acquired there by a European gaming group.

“It is viewed as a ‘Gold Standard’ in licensing in the sector globally, and is an endorsement of our standards of operations and the qualifications of our directors and senior employees.

“I thank all those who have been involved in the process to help us get to this point, and look forward to building on the opportunity that this licence award presents to Sportech.”

- Aaron Goldstein, Gambling911.com

Responsible Sports Betting: Setting Limits and Managing Your Budget

There's nothing quite like the excitement of a big football match. Whether it's a Soweto Derby between Kaizer Chiefs and Orlando Pirates, a Premier League showdown, or an international rugby fixture, sport has a way of bringing people together.

How to Read Football Odds: A Beginner’s Guide

Football is more than just a sport in South Africa. Whether it's the excitement of a Soweto Derby, a closely contested Premier League fixture, or an international tournament, millions of fans enjoy following their favourite teams. For some supporters, football betting adds another dimension to the experience.

Premier League Match Analysis: Form, Injuries and Head-to-Head Records

There's something special about a Premier League weekend. One moment, a title contender looks unstoppable; the next, a struggling team produces a result nobody saw coming. It's this unpredictability that keeps millions of football supporters watching every season.

From the NFL to MLB: How Kalshi Is Expanding the Sports Prediction Experience

Sports trading has become the dominant category on Kalshi, with activity accelerating sharply throughout 2026. NFL games have attracted enormous trading volume, while MLB markets have expanded the range of outcomes available to traders.