Sportech PLC Agrees Contract to Supply Horse Race Betting Technology for Penn
National Gaming Incorporated
LONDON, July 24, 2013
LONDON, July 24, 2013 /PRNewswire/ --Sportech PLC ("Sportech"), one of the
world's leading operators and suppliers of pools and tote gaming, announces
its U.S. division, Sportech Racing LLC ("Sportech Racing"), has signed a six
year contract (with potential for two 1 year extensions) with Penn National
Gaming Incorporated ("PNGI" or "Penn National Gaming"), the largest owner and
operator of racetrack and associated betting facilities (together with
numerous casino and slot machine venues) in the United States.
Sportech Racing's contract with PNGI provides betting technology and
associated services to numerous PNGI-owned and/or operated properties across
nine States and coversup to 11 racetrack properties, five off-track wagering
venues and an Internet and telephone account wagering service.
Sportech has the largest operations in the United States of any UK gaming
company where it currently processes 50% of all horseracing bets. This win
further strengthens Sportech's presence in this significant marketplace and
the Group remains well positioned for future deregulation across the country.
Ian Penrose, Sportech CEO, said:"We are delighted to have secured this
long-term contract with Penn National Gaming, the largest racetrack and
associated betting facility operator in the United States. This further
strengthens our position in the United States, and builds upon the
international momentum following sales to the UK Tote and a contract with
Danske Spil, the State owned Danish gaming operator, earlier this year."
Andrew Gaughan, Managing Director of Sportech Racing, stated: "We are very
pleased to have been selected by Penn National Gaming to be the exclusive
provider of pari-mutuel wagering services across their properties and for
their growing family of racing operations. Sportech PLC's ongoing investment
in our Racing and Interactive technologies and services will allow us to serve
the current and future needs of Penn National Gaming, and to deliver
industry-leading solutions that will allow them to remain on the leading edge
of horseracing and wagering entertainment."
Christopher McErlean, Vice President, Racing at Penn National Gaming, said:
"We sought to enter into a partnership with a company that would bring
significant advantages to Penn National Gaming in the form of improvements to
the customer betting experience, increased compatibility between our
properties, and delivery of improved operational efficiencies. After a
thorough competitive bidding process, we determined that Sportech Racing was
About the Contract
Sportech will continue to provide services to Freehold Raceway and its
associated off-track wagering venue, Zia Park Racetrack and Casino, Sam
Houston Race Park, Valley Race Park and Sanford Orlando Kennel Club. From
January 1, 2014, Sportech will begin providing new services to eleven 11 PNGI
properties, including Hollywood Casino at Penn National Race Course, its
off-track wagering venues and account wagering services, Hollywood Casino at
Charles Town Races, Rosecroft Raceway, Hollywood Casino, Hotel & Raceway
Bangor, and to properties currently in development, namely, Hollywood Gaming
at Dayton Raceway and Hollywood Gaming at Mahoning Valley Race Course.
Sportech – through its subsidiary eBet Technologies – will continue to provide
a customized Internet wagering service to Hollywood Casino at Penn National
Race Course via its eBet USA account wagering website (www.ebetusa.com).
Sportech Racing's betting platform solution for Penn National Gaming is
anchored by Sportech's Quantum™ System, which will be connected to BetJet™
Series and other Sportech betting devices deployed across Penn National
Gaming's properties. All racetrack locations will be eligible to receive
Sportech's on-track mobile betting service, which allows patrons to securely
and conveniently wager using their own web-enabled smart phones or tablets
while at the racetrack. Sportech will host and manage the solution from its
Quantum™ Data Center in Mount Laurel, New Jersey, which recently underwent a
$2 million refresh of server hardware and virtualization software to provide a
state-of-the-art dedicated wagering infrastructure and operations to its
racing industry customers.
About Penn National Gaming
Penn National Gaming owns, operates or has ownership interests in gaming and
racing facilities including slot machine and other casino gaming
entertainment. The company currently operates twenty-nine 29 facilities in
nineteen 19 jurisdictions, as well as an advance deposit wagering service that
allows eligible players to bet on horse racing over Internet or by telephone.
About Sportech PLC
Sportech PLC is a sports gaming and entertainment company and one of the
world's leading pool betting organizations focusing on highly regulated
markets worldwide. Sportech provides betting technology for 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, California, New Jersey, Netherlands,
Germany and Ireland. For more information about Sportech PLC, please visit
Jennifer Conning, 678-427-3881, email@example.com
SOURCE Sportech PLC
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