TORONTO, Nov. 22, 2016 /PRNewswire/ -- Sportech Racing and Digital, a division of Sportech PLC, (LSE: SPO), announces that, following a competitive bidding process, it has been awarded a new contract with Tote Ireland to strengthen and expand the suite of pari-mutuel betting technologies and services utilized by the twenty-six horse racing tracks in the Republic of Ireland.
Sportech has been the technology and service provider to Tote Ireland since 1999, with operations and support provided from one of Sportech's key operational centers located in Athlone, Ireland. The new contract has an initial term of five years plus five one-year options.
Under the new contract, Sportech will provide an upgrade to Tote Ireland's Quantum™ System – the world's most widely deployed pari-mutuel betting system – to deliver even more features and functionality to Irish punters. Sportech will continue to provide hosting and enhanced system operations from its Global Quantum™ Data and Operations Center in the USA. Sportech will also continue to provide the daily maintenance, operations, and support of the tote equipment installed at Tote Ireland's racetracks under a logistics, service, and maintenance agreement.
Tim Higgins, CEO of Tote Ireland, commented, "Tote Ireland have a long and productive business relationship with Sportech and with their Ireland-based team. We look forward to enhancing the services offered to our players and to achieving further operational efficiencies in both on-site logistics and system operations."
Andrew Gaughan, President of Sportech Racing and Digital, stated: "It is very gratifying to know that after many years our partnership with Tote Ireland remains robust and fruitful and that our technologies and services continue to be embraced by Tote Ireland as the way forward in an ever-increasingly competitive marketplace."
About Sportech Racing // Digital and Sportech PLC
Sportech Racing // Digital, a division of Sportech PLC, is a leading global provider of wagering technology solutions to licensed betting operators. Sportech's footprint is international in scope. The company is a leading provider in the Americas and in the Caribbean, is the dominant independent provider of pari-mutuel betting technologies and services in Europe, and has a growing presence in Asia. In addition to software, hardware and services that facilitate land-based pari-mutuel wagering, Sportech is one of the largest digital wagering technology providers and operators in the U.S. Through the Bump 50:50 division, the company provides technologies and services to allow charitable foundations affiliated with professional sports teams to design, manage, execute, and promote 50/50 raffles. For more information about Sportech Racing // Digital, please visit www.sportech.net.
Sportech PLC is one of the world's leading operators and suppliers of pools betting services, occupying a unique position in the highly regulated and emerging gaming markets worldwide. Globally we process over $11 billion in bets annually, with a presence in over 35 countries, including customers in most US states that permit such betting. For more information, visit www.sportechplc.com.
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SOURCE Sportech Racing and Digital