Encore Responds To Latest RaceTech Lawsuit, Files Counterclaim Alleging RaceTech Engaged In Conspiracy, Violated Antitrust Laws

Aug 19, 2015, 10:40 ET from EncoreRBG

BOCA RATON, Fla., Aug. 19, 2015 /PRNewswire/ -- Encore Racing Based Games filed its Answer in Federal Court to the latest lawsuit brought by RaceTech. "It is unfortunate that RaceTech has engaged in anti-competitive practices and has filed numerous meritless lawsuits against Encore, all in an effort to maintain their monopoly," commented Encore President Jeremy Stein

In its defense to RaceTech's lawsuits, Encore will aggressively highlight that in the nearly three years of development prior to launch in April, 2015, Encore undertook a rigorous and thorough legal and design process to create a state-of-the-art historical horse racing system from the ground up.  As a result, several key features of the Encore system include:

  • All Encore games rely solely on the results of horse races, and not on any random draws, random number generation or other random elements to determine the outcome of wagers;
  • The Encore system is strictly pari-mutuel, and does not rely on a "house-banked" system to maintain pari-mutuel wagering pool integrity; and
  • All Encore games are based on a pre-existing ARCI approved pari-mutuel wager.

In addition to its Answer, Encore filed a counterclaim alleging that RaceTech violated anti-trust laws and engaged in a conspiracy with other named entities to deprive Encore of access to historical horseracing data.  "RaceTech engaged in anti-competitive behavior in violation of the Sherman Act and the Kentucky Consumer Protection Act, and we are asking the Court to hold them accountable for those actions," concluded Stein. 

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