- Sportech said it continues to make good progress and trading remains in line with management expectations.

On Friday 6 November we announced that, discussions with Contagious Gaming Inc. regarding a potential offer for Sportech have been terminated.

In addition, the Board confirmed it has recently received more than one preliminary proposal in respect of The Football Pools and will be reviewing the terms of these proposals in due course.

"We remain focused on developing the growth opportunities for each of the Group's divisions and on maximising value for shareholders."

Meantime, Sportech was advised that the hearing of its appeal to the Court of Appeal, in relation to the £97m VAT repayment claim on the "Spot the Ball" game, due to be heard on 3 and 4 November, has been delayed due to a lack of judicial availability.

The Court of Appeal will now schedule a new hearing date and the Group will provide shareholders with an update accordingly.

Story provided by