25 May 2012

Scotland brightens Weather's future

03/12/2010 Ben Jaglom

Gaming group The Weather Lottery has announced a deal with Scottish radio station Clyde1 to supply services under its FCBetz brand.

The AIM-quoted outfit clinched the agreement with one of Glasgow and west central Scotland's most popular radio stations, Cyde1, which boasts a weekly audience of around 540,000.

The revenue-sharing agreement will be supported by on-air sponorship, commercial airtime and website marketing programmes.

The Doncaster-based company's FCBetz brand allows customers to gamble on a number of sports including golf, cricket and American football, with an online casino and a number of games also available.

Weather Lottery chairman and Lib Dem peer Lord Razzall described the agreement as a 'landmark deal' adding that he hopes it may lead to a 'much wider assocation between the two parties.'

Shares have soared over 50% this morning to the current price of 0.9p, giving investors looking for a speculative opportunity another market minnow to consider.

Tags: AIM market, Growth Stocks, Tourism

Sector: Travel & Leisure

Companies: Weather Lottery (The)

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