StockMarketWire.com - Sportech has announced that the New Jersey Division of Gaming Enforcement ("Division") has awarded its subsidiary, Sportech Racing, a Casino Service Industry Enterprise Licence.

It is understood to be among the first, if not the first, full gaming-related licence to be issued in New Jersey to a European-owned company. Ian Penrose, chief executive, said: "We are delighted to have been awarded our licence in New Jersey, which we believe is among the first, if not the first, to be acquired there by a European gaming group.

"It is viewed as a "Gold Standard" in licensing in the sector globally, and is an endorsement of our standards of operations and the qualifications of our directors and senior employees."




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