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Danske Spil completes Sportech retail integration

first_img Regions: Denmark The big valued the business at £53.8m, but Sportech said this “fundamentally undervalues [its] businesses and prospects”. Meanwhile, Sportech last week unanimously rejected the latest of multiple approaches regarding a takeover from New York-based investment fund Standard General. 13th November 2020 | By Robert Fletcher Sportech’s Racing and Digital division has completed the integration of its Quantum pari-mutuel betting solution with Danish operator Danske Spil’s network of gaming terminals. The integration comes after Danske Spil last week reported a 7.0% year-on-year decrease in gross gaming revenue for its third quarter, due to the impact of the novel coronavirus (Covid-19) on its land-based outlets. Retail sports betting “The expansion of our horseracing pools will offer exciting new content to more players and generate additional support for the horseracing industry in Denmark,” Danske Spil chief executive Niels Erik Folmann said. Gross gaming revenue for the three months to 30 September reached DKK3.44bn (£414.7m/€461.9m/$545.8m), down from DKK3.69bn in the same period last year. Sportech’s senior vice president sales and business development EMEA, Bruno Gay, added: “The integration of Sportech’s Quantum System with terminals supplied by Scientific Games also opens the door for future opportunities to extend pari-mutuel pools betting on horseracing and other sports through their terminal network.” Tags: Scientific Games Sportech Danske Spil The integration with Danske Spil terminals, which are supplied by Scientific Games, will extend the retail network for pari-mutuel betting on horse racing to an additional 600 retail outlets across Denmark. Topics: Sports betting Retail sports betting Email Address Subscribe to the iGaming newsletter Danske Spil completes Sportech retail integration AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter The expanded service will be available to players from 2021. Carried out in cooperation with Scientific Games, the integration will enable Danske Spil to process pari-mutuel bets on horseracing through an extended number of retail points of sale.last_img read more