Hardman & Co Research
Hardman & Co Research: Bettor technology Sportech (SPO) supplies betting systems to over 400 clients in 38 countries, including the world's most widely deployed Tote solution. It has an exclusive licence to operate betting in Connecticut (CT) and is well placed to benefit from eventual legalisation of sports betting in the state. It also has a fast-growing charitable raffle business. The business has been interrupted by COVID-19, but has proved resilient, especially through online channels. There are opportunities to improve margins by transitioning from a mechanical model to a digital one. We would expect these benefits to come through over the next few years. Please click on the link below for the full report: https://www.hardmanandco.com/research/corporate-research/bettor-technology/ If you are interested in meeting the company, you can register your interest by clicking on the above link
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1145945 05-Nov-2020