- Sportech has opened a 10,000 sq ft sports bar, restaurant and betting venue in Bradley, Conneticut, after a $4m development. The venue will be able to accommodate 300 customers.

The new facility means customers can bet on horse and greyhound racing while in the sports bar and restaurant. It would ignificantly enhance Sportech's operation, which last year handled $190m in bets.

Sportech Venues has also completed a major upgrade to the website and will shortly commence a marketing drive to raise awareness of its online products and services.

Meantime, in March 2013 the company was successful in its VAT claim for £95m including simple interest at the First-tier Tribunal's Tax Chamber.

In June 2013, Sportech was notified that HMRC had been given leave to appeal this decision to the Upper Tribunal and the appeal hearing will be held on 29 and 30 April 2014.

At 8:25am: [LON:SPO] Sportech PLC share price was -0.5p at 91.5p

Story provided by