Press Releases
1/ST TECHNOLOGY & AMTOTE SECURE MILESTONE MULTI-YEAR WAGERING DEAL WITH TURF PARADISE
Leading 1/ST TECHNOLOGY product upgrades in-venue terminals and totalisator platform at Arizona racecourse for breakthrough pari-mutuel betting services, AUGMENTING its existing XB NET fixed-odds betting services
Turf Paradise Racetrack recently signed a multi-year totalisator services agreement for live racing with AmTote International, a product of 1/ST TECHNOLOGY – horse racing’s largest and most innovative racing and gaming technology company, and the leading wagering technology company in the US.
The agreement provides cutting-edge technology to Turf Paradise, designed to enhance the betting experience for its customers.
This welcome upgrade features year-round simulcast wagering on track and an initial OTB network of 38 locations, a number anticipated to grow back to pre-pandemic levels in excess of 50 in 2021. The new AmTote technology includes the V3000 self-serve terminals and the F3000 convertible teller or self-serve terminal. Services also add the ability to leverage mobile betting through AmTote’s MBet® platform.
1/ST TECHNOLOGY’s world-class products – AmTote, Xpressbet, 1/ST BET, XB SELECT, XB NET, PariMAX and Betmix – are among the most trusted names in gaming, technology, and horse racing. AmTote technology and services host the majority of racetrack operators in North America and are currently in operation at Santa Anita Park, Gulfstream Park, Saratoga Race Course, Belmont Park, Aqueduct, and Woodbine, among many others, and process more than $15 billion in pari-mutuel and fixed-odds wagering around the world each year.
1/ST TECHNOLOGY already services Turf Paradise fixed-odds wagering through its XB NET business, providing exclusive fixed-odds betting services and distribution for Turf Paradise racing. As the leaders in pari-mutuel and fixed-odds betting on North American horse racing, 1/ST TECHNOLOGY is perfectly positioned to capitalize on the evolving sports-betting scene across a highly-fragmented US landscape.
The capacity to offer players both pari-mutuel and fixed-odds in lockstep shows that these segments can be highly complementary over time, resulting in significant market growth, player education, and product diversification. Ultimately, through wise stewardship and deployment, 1/ST TECHNOLOGY now intends to secure the sustainability of pulsating, high-class horse racing, updating a popular legacy sport for a sophisticated modern audience on a global basis.
Keith Johnson, Chief Revenue Officer at 1/ST TECHNOLOGY, commented: “We very much look forward to ushering in a new era at Turf Paradise from the wagering technology evolution perspective, in addition to our broader agreement to support Turf Paradise’s efforts to distribute its horse racing content and wagering on a global scale now encompassing both fixed-odds and pari-mutuel betting opportunities. We’re confident these milestone developments can reignite horseracing’s consumer economy.
“Moreover, it’s fantastic to see AmTote and Turf Paradise racetrack working in unison to return value back to North American racing in these challenging times. Securing this long-term collaboration confirms 1/ST TECHNOLOGY’s commitment to the sport and its wider status as the leading international provider of North American racing. This deal is a ringing endorsement of our business model and the combined diligence of our multi-faceted team.
“During the pandemic, North American horse racing has been one of very few elite sports that has been able to maintain both a solid timetable and a high bar for quality and data integrity with rapid-cycling content that can fill any live sports wagering scheduling gaps.”
Latest News
21VIRAL ADDS BITBLOX CRYPTO PREDICTION GAMES
21VIRAL has confirmed the integration of Bitblox’s unique crypto-price-based games into its platform. This distribution deal allows 21VIRAL access to popular games such as “3 in a Row,” “Up or Down?” and “Up or Down? Turbo.”
In these prediction games, players can guess whether the price of Bitcoin will rise or fall. The timing is particularly favourable, as the recent bull run in cryptocurrencies and heightened mainstream awareness following the US presidential election have contributed to their popularity.
Christoph Härtel, CEO of 21VIRAL, stated, “We are excited to onboard Bitblox Games to our GameConnector platform. These unique games, based on the crypto market, are highly entertaining and engaging, providing our operator partners with an innovative way to attract and retain players across Latin America.”
Brandt Page, CEO of Bitblox Games, added, “Working with the 21VIRAL team has been a pleasure, from our initial discussions to the contract exchange. The fast integration took less than four weeks, which is a significant advantage for any game studio like ours. Speed to market is crucial for optimal distribution of our crypto-prediction games.”
“The recent developments in the US have led to a surge in the crypto market, increasing the demand for our games within the iGaming ecosystem. As awareness of cryptocurrencies continues to grow in mainstream media, we look forward to collaborating with 21VIRAL and expanding our distribution in the Latin American market”.
Financial reports
Arizona Department of Gaming Releases September Sports Betting Figures
Bettors in Arizona wagered approximately $732 million on sports in September of 2024, according to a new report by the Arizona Department of Gaming. This represents an approximate 20% increase when compared to September of 2023.
The state collected approximately $3.96 million in privilege fees in the month. You can view the full September report on the ADG website: LINK.
Latest News
Play’n GO announces partnership with US operator Stardust Casino
Play’n GO content now live with Boyd Interactive-owned brand Stardust in New Jersey and Pennsylvania
Play’n GO, the world’s leading casino entertainment provider, has today announced a new US operator partnership with leading brand Stardust Casino.
Stardust Casino, owned by Boyd Interactive, will now host Play’n GO content in New Jersey and Pennsylvania, meaning Stardust Casino players in these states will now have access to classic Play’n GO titles such as Piggy Blitz, Fire Joker, and Colt Lightning.
Play’n GO entered New Jersey in September 2022, and entered Pennsylvania earlier this year, making a total of five states where it is licensed as a games provider.
Magnus Olsson, Chief Commercial Officer at Play’n GO, commented, “It’s great to join forces with Stardust Casino in New Jersey and Pennsylvania, two of our most important markets globally, not just in the US. The Stardust Casino brand goes back decades in the gaming landscape of the United States, and the introduction of our games to their platform is an exciting prospect for both businesses.
“Play’n GO is the world’s leading casino entertainment provider. We set the industry standard for game content and innovation. This partnership is another significant milestone on our journey in the US, and our focus now turns to unlocking the full potential of this partnership for both Play’n GO and Stardust Casino.”
Alexander Angelo, CRM Director, Stardust Casino, added “We’re equally enthusiastic to welcome Play’n GO to the Stardust Casino family, and we’re excited to introduce our players in Pennsylvania and New Jersey to some classic Play’n GO games. We’re determined to offer our players the best online casino gaming experience possible, so adding Play’n GO’s games to our portfolio of over 200 online games was a no-brainer. We’re looking forward to many years of success together.”
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