Update from Sportech Racing and Digital

On Wednesday 13^thJune 2018, Sportech hosted a Sports Betting Crash Course in Stamford, Connecticut to give Sportech’s clients, employees, and regulators a glimpse into the world of sports betting; a topic that few in the legal gaming industry had need to consider until the US Supreme Court opened the door for states to legalize and regulate sports betting.

The event was hosted by Sportech’s Chief Executive Officer Andrew Gaughan and Chairman Richard McGuire and consisted of a full day of presentations delivered to an audience of 95 attendees, including key Sportech clients, employees, and regulators.

The panel of eight presenters delivered information on an array of topics from risk management to technology, marketing to customer acquisition.

Paul Leyland of Regulus Partners discussed the key facets of the global sports betting industry and what North American operators, state governments and regulators can learn from it. The pitfalls, opportunities, regulatory and taxation issues, and combating black market operators.

Victor Bigio,  Sports Betting Expert and Marketing Consultant, presented an understanding of the sports betting black market, a discussion of its likeliness to continue to some degree after legalization in the US, and what lessons can be learned from its history.

Paolo Personeni, Managing Director of Managed Trading Service from Sportradar, provided an introduction to the fundamentals of trading, risk management and fixed odds wagering.

Sportradar’s Sales Director for North America, Robin Roy, had more to say on the urgency of online betting and the end user experience. Robin demonstrated the sports wagering platform player journey, including pre-event and in-play betting features that hold player interest and deliver a dynamic, exciting betting experience.

Louis Skelton, Sportech’s Chief technology Officer, gave Sportech customers insight into the planned technology integration, exploring technology platform integration scenarios that will allow operators to leverage betting facilities and systems to offer a seamless, integrated race and sports betting experience through existing Sportech terminals and digital platforms.

Aubrey Levy of theScore.com – one of the most popular sports apps in North America – and Sportech’s Chief Financial Officer Tom Hearne (until very recently CFO for theScore) took center stage to discuss the ways in which mobile can be used to connect with sports fans  to grow a legal US sportsbook.

Victor Bigio’s second presentation discussed marketing the race and sports betting “emporium”, discussing the opportunities presented by a strong racing and sports marriage.

Last, but not least, Co-founder of Lot.to, Jules Bewley, presented the subject, “If you build it, will they come?” covering some of the fundamentals required to succeed in the digital world.

The day ended with an evening at Sportech’s Bobby V’s Restaurant & Sports Bar in Stamford, with a Sportech signature drink, mouth-watering food from our Chef Jordan, a chance to take a shot at some racing bets or enjoy the golf simulator, and baseballs freshly signed by Bobby Valentine himself.

Sportech takes seriously the opportunity presented by Sports Betting and designed the Crash Course to help our clients take their first steps. For information on how to get started with licensed US Sports Betting, contact us.

Update from Sportech Racing and Digital:

Sportech Racing and Digital has agreed to terms for a new contract under which Sportech will provide totalisator and related services to four racetracks operated by Ladbrokes/Coral in the UK.  Sportech will provide tote systems and services from Sportech’s data center in Bristol, UK to the greyhound racetracks at Monmore, Crayford, Romford, and Brighton.

Sportech’s turn-key package will include central wagering system software and hardware, race meeting set-up and monitoring, technical support from Sportech’s Bristol data center, and on-track hardware and software maintenance.

The migration of the on-track systems to the Bristol data center will also enable the provision of inter-track wagering services to support common pool pari-mutuel wagering between the tracks and third party operators.  Sportech will also work cooperatively with the tracks to encourage international common pool wagering with the Ladbrokes/Coral tracks, leveraging Sportech’s global network of customers and global commingling capabilities.

For more information about Sportech Racing and Digital visit the Sportech Racing and Digital website.

Leading Data & Betting Technologies Companies to Offer Fans Pre-match and Live Betting Services, Content, Trading Tools, and Risk Management Services

Sportech, the international betting technology business, and Sportradar, the global leader in understanding and leveraging the power of sports data, today announced a commercial betting deal in the United States. Under the terms of the agreement, Sportech will be able to offer Sportradar’s trading and risk management services, as well as its comprehensive range of tools and services for legal sports betting to licensed operators in the emerging U.S. sports betting marketplace.

Following the recent U.S. Supreme Court decision paving the way for states to adopt legislation to permit and regulate sports betting, this agreement will allow Sportech to offer Sportradar’s proven sports betting related product portfolio – including pre-match and in-play betting services, content, trading tools, and risk management services – to its network of 90 licensed operator business clients and other eligible operators in states where sports betting activity is declared legal. Sportech also has plans to deploy Sportradar’s turnkey sports betting platform in Connecticut when legislation permits.

“We are very pleased to have forged this agreement with Sportradar, a global leader in sports event data, monitoring, and integrity and an official partner for the NBA, NFL, NHL, NASCAR and more,” said Andrew Gaughan, CEO of Sportech.  “We are thrilled to expand our product line to include Sportradar’s globally recognized sports betting capability, and we are poised to deliver a world class sports betting experience to our business clients across the US and within our 16 Connecticut locations and through our online and mobile channels, when legislation permits.”

Beyond serving operators in Las Vegas for a number of years, Sportradar has been proactive in planning for a broader legalized sports betting landscape in the U.S. and this partnership underscores the great potential that exists within this developing market.

“We’re excited to partner with Sportech, a company that shares our vision of how the US betting market will unfold and who are well positioned to capitalize on that market with existing gaming licenses and a strong customer base,” said Neale Deeley, VP Gaming Sales, Sportradar. “Our turnkey solutions and market leading bookmaker services will accelerate their sportsbook offering and provide them with a strong advantage as other states pass sports betting legislation.”

Update from Sportech Racing and Digital

A team of global experts from Sportech Racing and Digital exhibited Sportech’s latest technologies and services at the 37th Asian Racing Conference in Seoul during the week of May 14, 2018.

Sportech has participated in the ARC for the last several years, offering our representatives from Sales, Operations, Technology and Digital an opportunity to meet and engage with current and potential clients from not only Asia and Australasia, but Europe, Africa and the Americas as well.

This year Sportech debuted the updated BetJet® Aero 2.0 and introduced a video wall that it used to inform exhibit visitors about the broad range of products and services Sportech offers.

View the video below for a quick look at this year’s Sportech ARC exhibit and the Sportech products and services on display.

For more information about Sportech Racing and Digital visit the Sportech Racing and Digital website.

Update from Sportech PLC

Sportech welcomes the US Supreme Court decision which effectively permits each state to now adopt legislation to permit and regulate sports betting. We are well positioned to act quickly and decisively in states that pass legislation permitting sports betting in the wake of this decision.

With over 600 employees across the US engaged in providing secure, regulated betting platforms to 90 licensed operator customers (racetrack, casino, off-track betting network, and online betting operator) in 37 states.  The Company will be leveraging this broad presence to deliver sports betting services to those customers.

In Connecticut, where we own and operate a network of off-track betting facilities and a licensed online and mobile betting service, the Company has been a proactive supporter of legislation to regulate sports betting to combat the spread of illegal activity and to protect consumers.  The Company believes that Connecticut will be an early adopter of a comprehensive and rigorous regulatory framework for sports betting, under the oversight of the Department of Consumer Protection, and we are prepared to act quickly to provide eligible Connecticut residents with a platform for safe and legal sports betting through Sportech’s venues and digital platforms.

Andrew Gaughan, CEO of Sportech, said: “It is a very positive decision and supports Sportech’s initiatives, investment and focus on US growth opportunities.  We have over 600 staff already deployed across the US providing gaming solutions to our business and retail clients and while there is plenty of work ahead of us, we believe we are well positioned.”

For more information on Sportech Venues, visit the Sportech Venues page.

For more information about Sportech Racing and Digital visit the Sportech Racing and Digital website

Update from Sportech PLC:

Sportech Tote Systems
Sportech, the international betting technology business, announced the results of an incredibly busy day on Saturday May 5th as crowds flocked to bet on the 144th running of the Kentucky Derby and to support the successful favorite Justify, confirming trainer Bob Baffert’s confidence in his unbeaten colt.

Sportech’s Global Quantum™ Data and Operations Center and it’s Quantum™ System software processed a total of $66 million in betting turnover on Saturday via more than 13 thousand active windows at over 280 North American customer locations.

Tote ticket sales processed by Sportech for the Kentucky Derby card alone totaled $47 million, accounting for approximately 30% of the total Derby card turnover generated by off-track channels not affiliated with the host track, Churchill Downs.

Connecticut
In Connecticut, Sportech’s retail brand Winners and the MyWinners.com web and mobile channels beat their single-day turnover record on Saturday as fans wagered $4.3 million on the day of the Kentucky Derby. Following the runaway success of hot favorite, Justify, Connecticut players took home $2.9 million in winnings on the day.

Sportech’s sixteen Winners locations were lit up for their busiest day of the year with capacity crowds, brand ambassadors to educate newcomers on the Digital Link® Mobile app, and food and drink that kept the celebration going from first race to last. New to the scene was the Bobby V’s Restaurant & Sports Bar in Stamford, where a standing-room only crowd cheered on the exciting first leg of the Triple Crown and began making plans to return for the Preakness on May 19th.

Andrew Gaughan, Sportech CEO, said, “An incredible amount of development, planning, and preparation goes into ensuring our customers and clients have a successful experience every day but especially on really big race days like the Triple Crown events. I applaud our team of over 600 in the U.S. who pulled together to deliver a winning experience on Saturday.”

For more information on Sportech Venues and Bobby V’s, visit the Sportech Venues page.

For more information about Sportech Racing and Digital visit the Sportech Racing and Digital website

Update from Sportech Racing and Digital:

Sportech Racing and Digital is pleased to announce that it has agreed to terms with the Royal Sabah Turf Club of Malaysia to deliver a new Quantum™ pari-mutuel betting system for the Tambalang Racecourse and off course betting centers.

Sportech previously installed its Series 7 Tote System for Royal Sabah in 2015.  The new Quantum™ System will allow Royal Sabah Turf Club to expand its menu of betting pools and bet types, participate in the broader global commingling marketplace, and offer its players advanced technologies for betting, including the latest self-service betting terminals and Sportech’s Digital Link® mobile app.

We at Sportech are confident that guests at the Tambalang Racecourse will enjoy the new betting options available through Quantum™ System and will appreciate the feature-rich, convenient, and private betting experience delivered through the Digital Link® mobile app.

For more information about Sportech Racing and Digital visit the Sportech Racing and Digital website.

Update from Sportech Racing and Digital:

Sportech Racing and Digital is pleased to announce that it has entered into a new contract with Saratoga Hotel Casino (“Saratoga”), operator of the harness racetrack in Saratoga, New York.

This new contract extends the long-term business relationship between Saratoga and Sportech Racing and Digital and provides for the delivery of new betting technologies on track, including the BetJet® SL 2.5 self-service terminal and Sportech Tablet.

Sportech also provides Saratoga Hotel Casino’s online wagering platform, SaratogaBets and under the terms of a new Digital Services agreement also recently signed between the parties, Sportech will upgrade the website to its latest-generation G4 betting website and will deploy the Digital Link® app for iOS and Android devices.

For more information about Sportech Racing and Digital, its self-service betting technologies and its Digital platforms for web and mobile betting, visit the Sportech Racing and Digital website.

Update from Sportech Bump 50:50

Bump 50:50 and its electronic raffle technology are going to the playoffs!  That is to say, Bump 50:50 customer The Folded Flag Foundation, and its team the Vegas Golden Knights, are heading to the NHL® best-of-seven Stanley Cup playoff series, beginning tonight with Game 1.

The Bump electronic raffle has been a big success in Las Vegas but tonight’s raffle will be even more special, as the foundation will donate the raffle proceeds to those affected by the tragedy involving the Humboldt Broncos hockey team.  Bump 50:50 will also waive their service fee in order to help maximize the total donation.

For more about Bump 50:50 and their innovative digital raffle programs, visit the Bump 50:50 website.

Update from Bump 50:50

Bump 50:50, a division of Sportech Racing and Digital, announces the partnership with the Texas Motor Speedway for three race weekends to help the organisations charity, Speedway Children’s Charities.

With the success of raffles in the State of Texas and the opportunity to now accept Debit cards as payment it can help raise significant funds for the youth in Texas.

Weekends Bump 50:50 will be at Texas Motor Speedway:
– O’Reilly Auto Parts 500 Race Weekend April 5-8, 2018
– Texas Indy 600 Race Weekend June 8-9, 2018
– AAA Texas 500 Race Weekend November 2-4, 2018

More information is available at www.bump5050.com.