Sportech, the London-listed operator, said it ahead of its AGM that it is exploring both domestic distribution and international expansion opportunities and is making progress in identifying potential targets.
In a trading update released this morning, the company said H1 trading has remained in line with internal and market expectations and is entering H2 with confidence.
Good progress is being made on product development, as the company is looking to expand its games offering, it said.
It added that it will make a further announcement on the Vernons football pools acquisition once the U.K. Competition Commission issues its decision, which is expected before October-end.
In March, Sportech, owner of Littewoods Gaming, entered into exclusive negotiations with Ladbrokes regarding the potential £50 million ($100 million) acquisition of its Vernons Pools business.
If successful, the takeover would give Sportech control of roughly 90 percent of the pools market in the United Kingdom.