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Sportech PLC enters into joint venture with NYX for online products and services in US


Thursday, 5 Dec 2013 02:00am EST 

Sportech PLC:Says it has signed a joint venture with NYX Gaming Group Limited (NYX) to provide online products and services in the US for social and pay-to-play gaming.Says Sportech and NYX will each hold a 50% interest in the joint venture company, and will equally share both the set-up costs, expected to be less than 250,000 pounds, and the profits.Says Sportech's interests on the Board will be served by Ian Hogg, Chief Operating Officer of Sportech's international consumer facing businesses, and Mark Gregory, Managing Director of Sportech's US digital business.