30th Sep 2013 08:20
LONDON (Alliance News) - Sportech PLC said Monday that, in conjunction with Picklive Limited, it was launching a new gaming product for the US fantasy sports market called Picklive USA.
The company said that the US fantasy sports market is worth an estimated USD2 billion. Sportech currently processes 50% of all horse racing bets, the company said, and this new product will extend its offering beyond horse racing.
The new product will be launched next year in Connecticut.
Shares in Sportech were trading up 2% at 84.50 pence Monday morning.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
Copyright 2013 Alliance News Limited. All Rights Reserved.
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