BNET Industries
Market Cap:$62.2M
Last Fiscal Year Sales:$706.7M
- Public
- UK
Dow Jones Description
Online Gambling Site & Sport Betting Pool Operator
CEO
Ian PenroseNumber of Employees 287
Peer Companies
NAICS Code Other Gambling Industries: 713290
News & Analysis
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sportech plc. - All News and Analysis
Sportech
- 2008-09-01
Sportech has appointed Will Muirhead as managing director of the company's online football gaming businesses, Footballpools.com. Muirhead has been appointed to realise Sportech's competitive growth strategy. He will be responsible for developing Sportech's existing online football products, building new gaming products, acquiring content businesses, and forming key strategic relationships to...
Dividend: possible jackpot: the football pools looked to be in terminal decline until Sportech began to consolidate the market. Dominic Walsh looks at the future of the concept
- 2008-08-01
The mere mention of the Pools Panel is enough to make me mistyeyed. It conjures up memories from my youth of sitting in front of the television, snow six inches deep outside the window, desperately hoping for the line "home win" to be announced as the presenter got to the...
Sportech
- 2008-08-01
Sportech has appointed Will Muirhead as managing director of the company's relaunched online football gaming businesses. Muirhead, who will sit on the company's executive board, joins the business ahead of the official relaunch of The New Football Pools to coincide with the start of the next football season in August....
CryptoLogic on Track to Replace and Exceed Littlewoods Revenue
- 2008-06-24
ALL FINANCIAL FIGURES ARE IN US$ CryptoLogic Limited (TSX: CRY)(TSX: CXY)(NASDAQ: CRYP)(LSE: CRP), a world leader in Internet gaming software, today noted its significant revenue growth prospects for 2008 in the wake of today's announcement that one relatively small licensee, Sportech PLC, will use other gaming software starting in...
Sportech mulls bid for Tote's pari-mutuel arm
- 2008-04-01
Sportech is planning an ambitious bid for the Tote, with a scheme to combine the state-owned bookmaker's pari-mutuel business with its own pools divisions. Ian Penrose, the group's chief executive, said he could envisage linking up with a partner to mount a bid for the Tote, with a view...
Sportech reorganises its defence.
- 2008-03-20
RESULTS: Sportech's football revenues continued to decline last year. Nathalie Olof-Ors Sportech's football revenues continued to decline last year, but chief executive Ian Penrose believes that the group took a significant step in 2007 to turn around the business. The football gaming...
Sportech bets on the pools.
- 2007-11-07
Gaming operator Sportech is raising money to buy Vernons from Ladbrokes for GBP51m Nathalie Olof-Ors Gaming operator Sportech is raising GBP41.1m towards the GBP51m cost of acquiring Vernons from Ladbrokes. Following the deal, Sportech will control 99 per cent of the UK football pools...
Sportech's Vernons bid cleared
- 2007-11-01
The Competition Commission has cleared Sportech's proposed acquisition of Vernons Football Pools. It said: "Although Littlewoods and Vernons pools provide customers with similar products, we found little evidence that customers have switched between the two in the past. Similarly, the customer survey evidence we examined pointed to the conclusion...
Sportech reports drop in H1 pre-tax profit
- 2007-10-01
Sportech, the football pools operator, has reported a fall in pre-tax profit for the six months to 30 June 2007, to 5.2m [pounds sterling] from 6.1m [pounds sterling] in 2006. The company said the drop was expected, and reflected the implementation of its turnaround strategy. Operating profit from...
Sportech waits on Vernons inquiry.
- 2007-09-14
But the gaming company is progressing with new products and new technology systems Shunil Roy-Chaudhuri The disappointment with these results is that price increases in its footabll pools business have been delayed pending the Competition Commission inquiry into the acquisition of Vernons Pools, while...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Ian Penrose | CEO |
| Gary Speakman | COO, Secretary & Director, Finance |
| Roger Withers | Executive Director |
| George Rushton | Managing Director |
| Angela Moran | Director of Football Pools |
| Christian Heap | Director, Intl Dev |
| Jon Sheehy | Director of Marketing |
| Peter Cuffe | Director of Interactive Media |
| Steve Cunliffe | Finance Director and Company Secretary |
| Chris Brown | |
| John Barnes | |
| Piers Pottinger | |
| Robert Haggis | Secretary |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Piers Pollinger | Chairman |
| David Mathewson | Board of Directors |
| Jon Holmes | Board of Directors |
| Kathryn Revitt | Board of Directors |
| Mark Allison | Board of Directors |
| Roger Williams | Board of Directors |
| Steve Taylor | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Sportech Plc | CEO | Current |
| Sportech Plc | Board of Directors | Current |
| Arena Leisure PLC | Chief Executive | Former |
| Sportech Plc | Chief Executive | Former |
| Sportech Plc | Group Finance Director | Former |
| Organization | Position | Status |
|---|---|---|
| Sportech Plc | COO, Secretary & Director, Finance | Current |
| Sportech Plc | Board of Directors | Current |
| The Rover Group, Inc | Former | |
| Gallaher Group Plc | Former |
Roger Withers was appointed Executive Director with overall responsibility on 8 November 2004, and will retain this position until the appointment of a permanent Chief Executive. He was appointed to the Board on 4 September 2000, following the acquisition of Littlewoods Gaming where he was Executive Chairman. He previously held a variety of senior positions with Bass PLC and Hilton Group PLC. Roger Withers is Chairman of Arena Leisure PLC and holds a number of Non-executive Directorships in the leisure, exhibition and technology industries.
| Organization | Position | Status |
|---|---|---|
| Sportech Plc | Executive Director | Current |
| Ladbrokes plc | Former | |
| Arena Leisure PLC | Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| Sportech Plc | Managing Director | Current |
| Sportech Plc | Managing Director | Current |
Angela Moran was appointed Director of Football Pools in January 2001. She is responsible for all aspects of Football Pools operations. She joined Littlewoods Gaming in 1976 and has held a variety of Senior Management positions within the Company.
| Organization | Position | Status |
|---|---|---|
| Sportech Plc | Director of Football Pools | Current |
| Organization | Position | Status |
|---|---|---|
| Sportech Plc | Director, Intl Dev | Current |
In July 2006 Jon Sheehy was appointed as Director of Marketing, bringing a wide range of strategic sales and marketing experience from his career with Shell, RAC Motor Services, Lex Service and latterly Leisure Parcs. As part of the wider Group strategy, Jon will focus on repositioning Littlewoods Pools.
| Organization | Position | Status |
|---|---|---|
| Sportech Plc | Director of Marketing | Current |
Peter Cuffe joined Littlewoods Gaming in March 2000. He is responsible for new media and e-commerce strategy for all products within the Company's portfolio. He was previously Managing Director of London-based Blue Marble, the new media production facility of the D'Arcy Group.
| Organization | Position | Status |
|---|---|---|
| Sportech Plc | Director of Interactive Media | Current |
| Sportech Plc | Board of Directors | Current |
Steve Cunliffe was appointed Finance Director and Company Secretary in July 2006. Steve joined Sportech from his position as Finance Executive of Hemway Limited.
| Organization | Position | Status |
|---|---|---|
| Sportech Plc | Finance Director and Company Secretary | Current |
| Sportech Plc | Company Secretary | Former |
| Organization | Position | Status |
|---|---|---|
| Sportech Plc | Current |
| Organization | Position | Status |
|---|---|---|
| Sportech Plc | Current |
| Organization | Position | Status |
|---|---|---|
| Sportech Plc | Current | |
| Chime Communications Plc | Deputy Chairman | Current |
| Chime Communications Plc | Deputy Chairman | Current |
| Chime Communications Plc | Board of Directors | Current |
| Manufacturers Hanover Trust Company | Director of Media Relations | Former |
| Organization | Position | Status |
|---|---|---|
| Sportech Plc | Secretary | Current |
| Sportech Plc | Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| Sportech Plc | Chairman | Current |
David Mathewson has been a Director of the Company since 1992 and was appointed Chairman on 1 January 2002. He is a Non-executive Director of Noble & Co Ltd, merchant bankers, Edinburgh UK Tracker Trust PLC, Martin Currie High Income Trust PLC, Murray VCT PLC and various private companies. He is also Non-executive Chairman of Geared Opportunities Income Trust plc and a Trustee of the Royal Botanic Gardens, Edinburgh. David Mathewson is a qualified chartered accountant.
| Organization | Position | Status |
|---|---|---|
| Sportech Plc | Board of Directors | Current |
| Sportech Plc | Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| Sportech Plc | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Sportech Plc | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Sportech Plc | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Sportech Plc | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Sportech Plc | Board of Directors | Current |
| Volume | 4,134 |
| Shares Outstanding | 5.9M |
| Market Cap | 62.2M |
| Year High | 11.17 |
| Year Low | 8.66 |
| Earnings Per Share | 0.00 |
| P/E Ratio | N/A |
| Dividend | 0.00 |
| Yield | 0.00 |
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