Zetters: Lady Luck looks away

Article Abstract:

Zetters is a UK company which operates pools, and its business has been affected by the UK National Lottery. The company has seen a drop of 9% in takings from pools, which is less than some larger competitors. The problem may intensify since new ventures are being set up in imitation of the lottery, following the lottery's success. Zetters does not have funds to compete in terms of marketing with larger rivals. The company's pre-tax profit is forecast at 1 million pounds sterling for 1996.

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Sportech

Article Abstract:

Sportech is a betting company that should benefit from growth in the sector and Littlewoods as a strong brand, though the National Lottery has affected the Littlewoods Pools operations.

Sportech

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Zetters

Article Abstract:

Zetters is involved in rapidly growing markets and has a strong brand name, though the company's profits could be affected by volatility in exchange rates and bad debts.

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Subjects list: Management, Gambling industry, Gambling, Zetters Group PLC
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