27th Feb 2015 09:54
LONDON (Alliance News) - Sportech PLC on Friday said its SNG Interactive joint venture has entered the US iGaming market after its online platform for the Resorts Casino Hotel in Atlantic City was approved by regulators.
Sportech said the Division of Gaming Enforcement has approved the platform, provided via its SNG joint venture with NYX Gaming Group Ltd.
As a result of the approval from the regulator, SNG is provisionally permitted to offer real money gaming online to customers accessing the online system from within New Jersey.
"This is an important step in Sportech's strategy to evolve from being a world leader in pool betting to holding a leading position in the developing US and global gaming industry. We are now processing bets in the largest US state to have legalised online gaming to date," said Sportech Chief Executive Officer Ian Penrose.
Sportech shares were up 1.1% to 68.00 pence on Friday morning.
By Sam Unsted; [email protected]; @SamUAtAlliance
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