27 February 2015
Sportech PLC ("Sportech" or "the Group")
SNG Interactive creates new online gaming platform for Resorts Casino Hotel, Atlantic City, New Jersey
Sportech are pleased to confirm that SNG Interactive ("SNG"), the Group's joint venture with NYX Gaming Group Limited ("NYX"), has entered the iGaming market in the US with approval from the Division of Gaming Enforcement ("Division") after a review of the online gaming platform, www.resortscasino.com, for the Atlantic City-based Resorts Casino Hotel.
This move follows SNG securing a transactional waiver for iGaming operations in the state of New Jersey. This certification is highly significant in the US market and confirms that SNG is compliant with the Division. As a result, SNG is provisionally permitted to offer real money gaming online to customers accessing the online system physically from within the state of New Jersey.
Ian Penrose, CEO of Sportech said:
"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. Our joint venture with NYX for real-money gaming and play for fun platforms will be made available to both our existing and new customers in the US and Canada as regulation permits."
Mark Giannantonio, President and CEO of Resorts Casino Hotel said:
"As we are committed to providing the best online player experience in New Jersey, ResortsCasino.com will now enter a Beta period. During our Beta period we will invite players to sign up and provide feedback on the user experience, while we add additional features before our official launch. Real time feedback will be an important aspect of our Beta period as we further enhance gaming content and features to produce the best casino experience in New Jersey."
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For further information, please contact:
Sportech PLC 020 7268 2400
Ian R Penrose, Chief Executive
Cliff Baty, Chief Financial Officer
Brunswick Group LLP 020 7404 5959
Rosheeka Field