Sportech Racing Provides Key Pari-mutuel Wagering Technology Upgrades to the Thoroughbred Racetracks of Chile Sportech delivers state-of-the-art Quantum™ System pari-mutuel wagering software and a customized Internet wagering platform to Club Hipico de Santiago and Sociedad Hipodromo Chile to support wagering from five racetracks and 210 off-track betting locations in Chile
NEW HAVEN, Conn., Nov. 6, 2012 /PRNewswire/ -- Sportech Racing, LLC, a division of Sportech PLC (LSE: SPO), announces the completion of key sales to the two major thoroughbred racetracks in Chile – Club Hipico de Santiago and Sociedad Hipodromo Chile – further strengthening the company's position in South America. Chile now joins Jockey Club Argentina and Jockey Club Peru as the third Sportech customer in South America deploying a Quantum™ System.
In 2011, Sportech Racing completed the upgrade of its Quantum™ System pari-mutuel wagering software and hardware to Jockey Club Argentina to provide centralized wagering processing for the 970 wagering terminals located at Hipodromo de San Isidro and over 300 agencies and off-track betting locations.
Also in 2011, Jockey Club Peru began receiving central pari-mutuel processing services – including the ability to commingle with global pari-mutuel racing pools – from Sportech's Quantum Data Center located in Sacramento, California.
In Chile, Sportech's Quantum™ System pari-mutuel software and hardware supports wagering operations for the two major thoroughbred racetracks in Santiago, Chile – Club Hipico de Santiago and Sociedad Hipodromo Chile – which, in turn, provide totalizator services to the 3 other racetracks – Valparaiso Sporting Club, Club Hipico de Antofagasta and Club Hipico de Concepcion.
In addition to Quantum™ System, Sportech also delivered an interactive wagering platform consisting of an Interactive Voice Response phone wagering system and a customized Internet wagering website allowing the racetracks to extend online pari-mutuel wagering, information and unified account management services to more players in Chile. New equipment installed on wagering devices will allow players to access account wagering and services at the racetracks and off-track betting locations, as well as over the Internet or via telephone, with a single wagering account.
"Sportech Racing is pleased to provide our latest generation pari-mutuel wagering technologies to our customers in Chile," commented David Haslett, Managing Director of Sportech Racing. "Our company has long had a presence in South America and we view further expansion in this market to be key to our growth strategies. We are confident that both our Quantum™ System and our interactive wagering technologies will allow our South American customers to diversify their product offerings thereby reaching new players."
About Sportech Racing, LLC
Sportech Racing is a leading global provider of wagering technology solutions to licensed racetracks, off-track betting networks, Internet wagering operators and casinos. Customers include some of the largest racing organizations in the Americas, Europe, Australia and Asia. Sportech also owns and operates Winners, a network of betting and sports bar venues and a phone account wagering service, under an exclusive license for pari-mutuel wagering in Connecticut, and Runnerz, the exclusive home of pools/tote wagering on horse racing in the Netherlands. Sportech Racing IP&S group has been providing customized Internet, phone and mobile technologies and associated services, to licensed gaming operators for over ten years.
About Sportech PLC
Sportech is one of the world's leading pools and tote gaming organizations focusing on highly regulated markets worldwide. Sportech provides pari-mutuel betting on football (soccer), horseracing and greyhounds, processing over $13 billion in bets annually with a presence in 30 countries. Sportech also has a developing e-Gaming business. Sportech is headquartered in London, England with operational offices in Liverpool, England, Atlanta, Connecticut, Netherlands, Germany and Ireland.
For more information about Sportech PLC, please visit www.sportechplc.com.
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SOURCE Sportech Racing, LLC