Sportech Racing Extends Agreement with California Horse Racing Industry Three-year Extension of Tote Services Agreement with all Racetracks, Racing Fairs and OTB Networks in California
NEW HAVEN, Conn., Sept. 12, 2012 /PRNewswire/ -- Sportech Racing, LLC, a division of Sportech Plc (LSE: SPO), announced that it has signed a three-year extension of the totalisator services agreement with all horse racing tracks, racing fairs and OTB networks in California.
Sportech has provided wagering technologies and services to the California horse racing industry for two decades. During the term of the current agreement, Sportech developed the Quantum Data Center, a facility located in Sacramento, California custom-built to service the pari-mutuel wagering industry, upgraded the California wagering system to the latest Quantum System, replaced all wagering terminals in California with the new BetJet Series terminals and provided new display boards. More recently, Sportech has implemented an on-track mobile wagering solution at Del Mar and at Santa Anita, and has worked with Southern California Off-Track Wagering, Inc. (SCOTWINC) to develop off-track betting venues known as mini-satellites in card clubs, sports bars and restaurants.
David Haslett, Managing Director of Sportech Racing, stated, "Sportech is very happy to have extended this important business relationship with the California horse racing industry. We look forward to supporting a successful Breeders' Cup at Santa Anita Park in 2012 and 2013 and will continue to work with the industry to develop mini-satellite wagering facilities throughout California to expand distribution and make betting on horse racing widely available to many more new and current fans."
About Sportech Racing
Sportech Racing, LLC, a division of Sportech Plc, is a leading global provider of pari-mutuel wagering technology solutions to licensed racetracks, off-track betting networks, Internet wagering operators and casinos, including some of the largest racing organizations in the Americas, Europe, Australia and Asia. Sportech also owns and operates Winners, the network of 15 betting and sports bar venues, and an ADW phone wagering service, under an exclusive license for pari-mutuel wagering in Connecticut. Sportech Plc is one of the world's leading pools gaming organizations focusing on highly regulated markets worldwide. Sportech provides pari-mutuel betting on soccer and horse and greyhound racing, processing over $13 billion in bets annually with a presence in 30 countries. Sportech also has a developing e-Gaming business. For more information, please visit www.sportechplc.com.
Contact: Jennifer Conning
VP Business Communication and Analysis
SOURCE Sportech Racing, LLC