Sportech hit by development costs and racing results

Pools group Sportech reported flat profits of £12m (€17.54) in 2003 as its betting arm saw losses rise.

Thu, 11 Mar, 2004 - 15:07

Pools group Sportech reported flat profits of £12m (€17.54) in 2003 as its betting arm saw losses rise.

Turnover was up 7% to £208m while betting losses rose to £3.1m (€4.55m) from £2m (€2.94m).

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