All conditions relating to OpCapita’s GBP 83 million acquisition of Sportech PLC’s The Football Pools business have been met with the award of a gambling license from the UK Gambling Commission.
Following this development, Sportech PLC said it expects the completion of the transaction before the end of June 2017.
“This is a significant step towards completion of this transaction,” Ian Penrose, chief executive, of Sportech, said. “I would like to thank the dedicated management, staff and customers who have enhanced the history and success of the Football Pools. I wish them all continued success.”