In its latest trading update, pool betting company Sportech has reported a positive start to 2017, with its Racing and Digital platform performing particularly well.

sportech

Referring to Sportech Racing and Digital, the company said: “The investment that has been made over recent years in upgrading our gaming technology has brought in new business, and the opening of our office in Singapore is delivering results in a region where we have previously had few customers.

“In Asia, the contracts that we secured last year in Macau, Vietnam and Malaysia are performing well and we expect additional customers to be announced shortly. Furthermore, we have seen notable gains in utilising our global infrastructure to allow customers access to international betting pools. This expansion into Asia has helped to diversify and grow the division's revenues beyond its core North American marketplace, where industry betting turnover remains broadly flat.”

The company’s Venues business has also performed strongly, with a new 20,000sq.ft sports bar, restaurant and betting facility set to open soon following an investment of over US$7m.