BetMakers Technology Group has announced that it has secured exclusive rights to a further 7 Race Tracks in the US and Canada to manage and distribute their Fixed Odds betting in the US racing market.
These tracks will be available for betting initially in the New Jersey market and available to operators that join the Global Racing Network within New Jersey, subject to regulatory approval.
The Agreement specifies that BetMakers has exclusive Fixed Odds management and distribution rights for those 7 tracks within New Jersey and in addition, any state in the U.S. in which Fixed Odds wagering receives regulatory approval.
“The latest U.S. tracks and Canadian tracks, along with the existing domestic and International content, will allow us to implement a racing solution into the U.S. that can show the benefit of Fixed Odds betting into this market. We believe this will be the start of a very successful roll out of the product across U.S. With the launch of GRN, this will allow for a uniformed network for both operators and race tracks to commercialise their content with full integrity,” Todd Buckingham, CEO of BetMakers, said.
“The GRN is a service for both Racing Bodies and Wagering Operators that allows Racing Bodies comfort that their product is being delivered correctly, integrity is monitored and they receive remuneration for all wagering on their product. For the bookmakers and Wagering Operators, the GRN will provide a full network of racing from around the world in a single solution that has uniformed reporting and costs,” Mr Buckingham added.
