Extends Agreement with the D.C. Lottery to Provide Instant Ticket Printing
LONDON, U.K. (December 22, 2017) --
IGT announced that it has signed a one-year extension agreement with the D.C.
Office of Lottery and Charitable Games (D.C. Lottery) to continue providing
instant tickets and related services through December 1, 2018. Under the
agreement, IGT will continue to provide a comprehensive range of instant ticket
services for the D.C. Lottery including game planning and marketing, research
and analytics, graphics support, and the production and printing of instant
IGT has been a print vendor for the
D.C. Lottery since 2014. During this time, IGT has developed multiple tickets
for the Lottery, ranging in price from $1 to $10. In addition, the Lottery will
launch its first Super Ticket with IGT in March of 2018.
IGT is pleased to continue
working with the D.C. Lottery, and we look forward to enhancing their instant
ticket program with creative new content over the next year, said Michael
Chambrello, IGT CEO, North America Lottery.
IGT (NYSE: IGT) is the global leader
in gaming. We enable players to experience their
favorite games across all channels
and regulated segments, from Gaming Machines and Lotteries to Interactive and
Social Gaming. Leveraging a wealth of premium content, substantial investment
in innovation, in-depth customer intelligence, operational expertise
and leading-edge technology, our
gaming solutions anticipate the demands of consumers wherever they decide to
We have a well-established local
presence and relationships with governments and regulators in more than 100
countries around the world, and create value by adhering to the highest
standards of service, integrity, and responsibility.
IGT has over 12,000 employees. For
more information, please visit: www.IGT.com
Robert K. Vincent,
toll free in U.S./Canada (844)
IGT-7452; outside U.S./Canada (401) 392-7452
T: (401) 392-7190
Italian media inquiries,
T: (+39) 06 51899030
SOURCE: International Game
Technology PLC (IGT).
Fastrak Chosen to Help Develop the Kazakhstan
U.K. (December 22, 2017) -- The
leading supplier of point of sale display products to the lottery industry,
Fastrak Lottery Solutions, has revealed its part in the re-launch of the
Kazakhstan Lottery with new scratch card dispensers and promotional material
delivered across the country.
Following the successful licence bid
by Satty Zhuldyz to run the Kazakhstan National Lottery, the new operators
quickly looked to revamp the point of sale units, choosing the Fastrak Lottery
Solutions POD scratch card dispenser to display and dispense its new range of
To date Fastrak has built 1,000
modular scratch card dispensers which started rolling out in Kazakhstan in
September 2017 with a further 2,000 installations planned for early 2018.
John Barrett, Managing Director of
Fastrak said; The new operators of the lottery in Kazakhstan
recognised that they needed an effective solution for the display and sale of
their games and identified that a new and vibrant point of sale unit could
significantly enhance how they reach and engage their consumer so we
were asked to bring a fresh approach to their instore image.
The flexibility offered by
Fastraks POD modular design allows it to expand as sales grow. Along with
this, its ability to be branded for the changing needs of the Kazakhstan
Lottery meant that it both made an immediate impact together with preparing for
The signature marketing features
included in Fastraks POD design allows for tactical messaging, price
point information and the ability to promote feature games, all of which fitted
with the Satty Zhuldyz marketing and communication strategies as the range of
lottery products expands.
Fastraks design team proposed
their modular POD system to allow for multiple games to be stacked and
displayed within the same unit. This resulted in a range of configurations
being delivered including 2x2, 2x3, 3x2 and 1x4 configurations.
Flexibility was of prime
importance within the solution, added Paul Shardlow, Design Manager
at Fastrak. Our team of British designers have over 15 years
experience in developing innovative solutions, and they have once again used
their talent to create a unit that not only gives impact and flexibility, but
also has been proven to increase sales.
The team at Fastrak were chosen for
the project due to their experience in working with some of the largest lottery
operators in the world through which they have proven their understanding of
the consumer journey, engaging the customer and lottery sales.
Although official sales figures on
the Kazakhstan Lottery project have not yet been released, it was confirmed
that a sales increase was achieved from the launch of the new POD units, and
are continuing to grow as consumers recognise the impactful displays and
understand the products on offer.
John Barrett, Managing Director of
Fastrak, said; Our solutions are all designed to inform the consumer,
sell more product and expand the displays as the success of lottery sales grow.
Its projects like these that show how we can take a clients brief, and
provide a customised solution from our standard range of products that really
works and delivers a measurable increase in sales.
Fastrak Lottery solutions are world
leaders in providing specialist point of sale to the lottery industry offering
the most extensive and advanced range of lottery point of sale products
available anywhere in the world.
For more information on Fastrak
Lottery Solutions, visit www.fastraklotterysolutions.com email
email@example.com or call UK (+44 (0)1625 439966), Australia
(+61 411 552 393), Hong Kong/China (+852 3755 4511) or The Unites Stated (+1
212 729 1990).
SOURCE: Fastrak Lottery
Implementation of Scheme of Arrangement; Tatts is Now a
Wholly-Owned Subsidiary of Tabcorp
SYDNEY, Australia (December 22,
2017) -- Tabcorp Holdings Limited (Tabcorp) advises that the Scheme of
Arrangement (Scheme) in relation to the combination of Tabcorp and Tatts Group
Limited (Tatts) has been implemented today. Tatts is now a wholly-owned
subsidiary of Tabcorp.
In accordance with the Scheme, 0.8
new Tabcorp shares per Tatts share have been issued to eligible Tatts
shareholders.1 Holding statements for the new Tabcorp shares will be despatched
shortly and trading of these new Tabcorp shares is expected to commence on a
normal settlement (T+2) basis from the next trading day (Wednesday 27 December
The new Tabcorp shares will be
eligible to participate in the interim dividend payable in respect of the half
year ended 31 December 2017. The aggregate cash consideration under the Scheme
is $0.425 per Tatts share. $0.16 of the cash consideration under the Scheme was
paid by Tatts on 19 December 2017 by way of a special dividend of $0.16 per
Tatts share. The balance of the cash consideration of $0.265 per Tatts share
has been despatched to Tatts shareholders today (either via nominated bank
account or cheque).
Tabcorp notes that Tatts has
submitted an application to ASX to remove the ordinary shares of Tatts (ASX:
TTS) from the official list of the ASX. It is expected that Tatts shares will
be delisted from ASX from the close of trade on 27 December 2017.
Tatts Bonds (ASX: TTSHA) will
continue to remain quoted on ASX, with ASX having approved a change in
Tatts admission category to an ASX Debt Listing.
For more information:
Media: Nicholas Tzaferis, GM
Corporate Affairs, +61 3 9868 2529
Financial analysts: Sacha Krien, GM
Investor Relations, +61 3 9868 2794
1. The new Tabcorp shares that would
otherwise have been issued to ineligible foreign shareholders have been issued
to the sale nominee appointed by Tabcorp. The sale nominee will sell the new
Tabcorp shares, and remit the net proceeds to ineligible foreign shareholders,
in accordance with the terms of the Scheme of Arrangement.
SOURCE: Tabcorp Holdings
Secures Online Gambling License in Spain & Partners with VXL Payment
Solutions to Expand the WPFH Cryptocurrency Platform
LOS ANGELES, CA (December 22, 2017)
-- World Poker Fund Holdings, Inc. (OTC PINK:WPFH), a leading developer and
operator of online and event-based social gaming platforms and brands,
announces today that it has secured a coveted online gaming license in Spain.
To maximize this new online gaming license, WPFH has partnered with VXL Payment
Solutions, a global merchant services company, who is a leader in merchant
services and payment processing for online casinos.
WPFH continues to expand its gaming
offerings by securing a license to run an online gaming casino in Castilblanco,
Spain as a sub-licensee. These talks continue as WPFH seeks to secure an
additional sub-license for a land based casino license in Castilblanco,
As it expands its online gaming,
WPFH enters into a mutually beneficial partnership with VXL Payment Solutions,
in which WPFH will provide to VXL Payment Solutions a global license to the
WPFH Cryptocurrency platform while VXL Payment Solutions will provide its
innovative and industry leading merchant services solutions to all of WPFH's
payment processing needs, with a special eye to its expanding online gaming
VXL Payment Solutions is a global
payment processing and merchant services company with headquarters in Spain and
Sweden, where it is one of Sweden's largest payment processors.
Earlier this week, WPFH announced
that it has launched a new division which will allow for the integration and
use of digital currency with its existing and future technologies and
applications. In addition to acquiring a digital currency wallet, WPFH is
developing and exploring cryptocurrency mining opportunities specifically
geared toward its social gaming projects and its users. WPFH is planning
to integrate blockchain mining into its social games, casino games, and
About World Poker Fund Holdings,
World Poker Fund Holdings, Inc. is a
leading developer and operator of online and event based social gaming
platforms and brands. The company is currently in the final stages of launching
its two-core celebrity driven social gaming brands for online poker and casino
gaming. The company does not offer any games or gaming opportunities for cash
in the United States and is not licensed as a gaming operator in the United
States or any other jurisdiction.
To learn more about World Poker Fund
Holdings ( WPFH ) and its upcoming events, please visit
SOURCE: World Poker Fund Holdings,
Inc. press release distributed by Globe News wire.
WyoLotto Announce New Member to Board of
CHEYENNE, Wyoming (December 21,
2017) -- WyoLottoTM officials announced the appointment of Jim Willox as the
newest member of the 2017 Board of Directors. The Board consists of up to nine
members who oversee the Wyoming Lottery Corporation, with each member appointed
by the Governor.
I am pleased Jim Willox
accepted the appointment to the Lottery Board, said Governor Mead.
Jim is a businessman. He has been a Converse County Commissioner for over
ten years and has served on a number of boards and commissions. His experience
will serve the Lottery Board well.
WyoLotto CEO Jon Clontz added to the
Governors sentiment. Jim is already a great addition to the board,
bringing local community perspective and thought leadership to add to the
expertise and energy we have with our board. Governor Matt Mead did a great job
selecting this addition, said Jon Clontz, WyoLotto CEO.
Jim Willox is a fourth generation
Converse County resident. He was raised on his family ranch south of Douglas.
In 2001, the family decided to sell the ranch and move into Douglas.
Wyoming is my home, and
getting to be an active member of this board is an honor and one that excites
me very much, Willox said.
Willox graduated from the University
of Wyoming with a degree in Agricultural Business.
He has previously served as an
officer of the Converse County Stockgrowers, Douglas Moose Lodge and the
Douglas Board of Realtors. He was also an active member of the Wyoming
Republican Party, in which he served in several positions, culminating as State
Chairman from 2003 to 2005.
He was sworn in as a Converse County
Commissioner in January of 2007, and has been active and engaged in many local
issues while a commissioner. As a member of the Wyoming County Commissioners
Association, he served as Chairman of the WCCA Transportation Committee for 6
years before being elected Treasurer of the WCCA in December 2016.
Willox is also active in other
realms of his community, including his involvement with the Wyoming High School
Activities Association as a basketball official for 15 years and as a USA
wrestling official for 10 years.
Jim and his wife, Tione, have two
sons, Bo, who lives and works in Douglas, and James is a junior at the
University of Wyoming.
The Board of Directors for the
Wyoming Lottery Corporation are:
- Sandi Chitwood, Chairman
- Gerry Marburger, Treasurer
- Dave Bonner, Secretary
- Gina Monk
- Mary Throne
- Ross Newman
- Jim Whalen
- Jim Willox
- Sandra Wallop
For more information about Wyoming
Lottery Corporation and the Board of Directors, visit wyolotto.com.
SOURCE: Wyoming Lottery
Danish Gambling Authority Release Certification Programme for Online
ODENSE, Denmark (December 20, 2017)
-- Due to the liberalisation of online bingo from January 1st 2018 the Danish
Gambling Authority (DGA) is currently working on an update to our certification
An updated version is published
later this week. We know that a number of interested parties are awaiting the
updated requirements, so these will be specified here.
The requirements in the
certification programme will reflect the requirements in the executive order.
Here are the most significant:
- Only online bingo with 75, 80 or 90 numbers/symbols
- Bingo cards for games with 75 numbers/symbols must
have 5 times 5 squares
- Bingo cards for games with 80 numbers/symbols must
have 4 times 4 squares
- Bingo cards for games with 90 numbers/symbols must
have 3 times 9 squares
- The sale of bingo cards cannot start until 30
minutes before the game starts
- There must be at least 3 seconds between the
draw/presentation of each number/symbol
- The player cannot select numbers/symbols for the
bingo card themselves or make changes to their bingo cards. The players are
however allowed to select bingo cards between a number of bingo cards randomly
generated by the gambling system
- Both manual and automatic marking of drawn
numbers/symbols must be possible
- The game must end when the first player has a full
The specification above is with
reservation for the content in the final executive order, which will come into
force on January 1st 2018.
The DGA is aware of and appreciate
the fact that it will be very difficult to have games tested and inspected
before the end of the year. We must however point out that whether or not a
bingo game is tested, it must comply with requirements in the coming executive
SOURCE: Spillemyndigheden (The
Danish Gambling Authority).
What Tax Reform Means for Gaming
WASHINGTON, D.C. (December 20,
Dear Gaming Industry Colleague:
Moments ago, Congress approved
the most extensive changes to the tax code since 1986. While time will tell
whether this broad overhaul ultimately leads to the type of economic growth
proponents have promised, AGA is proud to have actively led an inclusive
industry effort to ensure changes to the corporate tax code provide a net
benefit to our members.
A reduction in the corporate tax
rate from 35 percent to 21 percent requires many industries to concede
significant, long-standing tax preferences and deductions. In this climate, the
gaming industry emerged with several important wins. Specifically, the final
agreement protects three priorities for our industry:
- Largely preserves the ability for our customers who
itemize to net their gambling income, despite a late effort in the Senate to
eliminate this deduction;
- Exempts most operators from limitations on interest
deductibility and provides reasonable transition provisions for all businesses
that pay interest on corporate debt; and
- Helps to ensure favorable rules for research and
development, which gaming suppliers rely on to constantly innovate.
A more detailed summary of the key
provisions to the gaming industry is available HERE and a document discussing
the impact of tax reform on casino patrons can be found HERE.
While there were wins, there are
other areas where we will need to continue to engage to protect and promote the
industry as fixes are considered in 2018 and beyond. High priority
- Lifting the Slot Tax Reporting Threshold: The
$1,200 slot tax reporting threshold was set in the 1970s. The tax reform debate
provided us an opportunity to introduce this topic to legislators and pave the
way for adjusting the threshold in a favorable way for our members and
customers. I encourage your continued engagement to help us make a compelling
case for how a higher reporting threshold will help lower administrative costs
and provide our customers an improved experience when they visit your
- Promulgating Regulations that Work for the
Industry: Legislation of this size and scope will undoubtedly require
significant details to be determined by the IRS and the Treasury Department.
AGA will remain vigilant to ensure any rulemaking by executive agencies is
consistent with industry practices and priorities; and
- Assessing and Addressing the Impact of Certain
Changes: It may take some time to fully understand the effect some changes have
on the industry and our customer base. For example, doubling the standard
deduction for individuals will likely result in fewer taxpayers electing to
itemize and net their gambling income/losses. AGA will need your continued
input to know whether this has a measurable effect on customer behavior, and we
stand ready to work with Congressional champions to help address any unintended
consequences that threaten the health of the industry.
We recognize Congressional
consideration of major changes to the federal tax code creates both
opportunities and challenges for our multifaceted industry. AGA initiated an
inclusive process to determine the most important aspects of tax reform to our
membership and to develop a consensus list of priority issues. Through your
partnership, we are pleased with the outcome and look forward to continuing on
this success in 2018.
President and CEO
American Gaming Association
Acquires Stake in Bosnian Willy Klub
PRAGUE, Czech Republic (December 23,
2017) -- SYNOT continues to expand its business activities in the Balkans.
After recently joining the Macedonian company The Slots, which is one of
Macedonia's largest gambling operators, it has now strengthened its position in
Bosnia and Herzegovina. Specifically, she joined WILLY CLUB. This is an
operating network that currently runs nearly 700 game machines.
"With this company, we
established contact in 2015 when we started our business in Bosnia and
Herzegovina. We have now decided to extend the cooperation and join the company
WILLY CLUB. Our plan is to stabilize the entire network by the end of the year
and increase the number of machines operated by WILLY CLUB to approximately
800," said Neofytos Neofytou, director of SYNOT International Limited,
adding: "B alkane is a very interesting market for us. In addition, in the
coming year, there will be an adjustment to the conditions for running online
lotteries, which has not yet been legislated."
SYNOT has been operating in the
Balkans for nearly 10 years. Specifically, in this region and its immediate
vicinity, Bosnia and Herzegovina is also active in Romania, Serbia, Macedonia
and also in Greece. Earlier next year, he plans to enter the Croatian
CONTACT: Mgr. Magda
Pekařová, spokesperson, The SYNOT Group, Mobile: +420 739 604 032,
SOURCE: The SYNOT Group.
Chose Btobet as Technological Partner to Grow Its Business Online, Across the
Whole African Continent
MALTA (December 21, 2017) -- EDITEC,
a leading sports betting, lottery and gaming operator in Africa, with a strong
presence in twenty countries as well as offices across Europe and the Middle
East, signs a partnership agreement with the multinational iGaming platform and
Sportsbook provider BtoBet.
Online, EDITEC operates under the
renowned brands of Premier Bet, SBA, Guinee Games, and R&S Betting and is
one of the fastest growing online operators in a number of regions in Africa,
already with a well-established retail estate and network of agents.
Alex Rutherford, EDITEC Head of
We were extremely impressed
by the flexibility and functionality of the BtoBet platform and look forward to
an incredible partnership which will push EDITECs brands to the next
level and give our customers a truly exciting betting experience.
Commenting on the partnership,
BtoBets Chairman Alessandro Fried reported:
The growing number of gamblers
and the spread of mobile in Africa is indicating the need to adopt a suitable
platform and fitting software to have the greatest insight into players
data and behaviour in order to drive and manage the gaming business in the most
In this perspective, we are very
proud to support EDITEC as a partner in Africa and to provide our technology
and solutions, to increase the companys revenues.
BtoBet is a multinational company
and is part of a group with 20 years of experience in software development in
IT, finance, telecommunication, e-commerce and banking, strongly committed to
technology and widely investing in technology research and development.
The experience gained in these
advanced environments, allows BtoBet to be visionary in the iGaming and Sports
betting industry with a deep understanding of the requirements of the market,
catching changing trends and anticipating bookmakers and operators
needs. BtoBet is a true partner in technology, offering a standalone platform
and services for the iGaming and Sports Betting industry.
It counts on a very talented,
continuously trained development team and day to day management support to
clients. BtoBet allows licensees to be unique in the market, by giving them the
opportunity to completely personalise their offers for Sports betting and
iGaming business, online mobile and retail. BtoBet has technical branches with
large ever-growing teams of developers in Skopje, Ohrid, Bitola, Belgrade,
Nish, Tirana, and Rome. Malta hosts the commercial and marketing centre. Visit
our site on: www.btobet.com
SOURCE: BtoBet press release.
Yggdrasil Expands Italian Footprint with Snaitech
MALTA (December 21, 2017) --
Yggdrasil Gaming has further extended its reach in Italy with a deal to provide
content to leading Italian gaming operator Snaitech.
The agreement will give Snaitech,
leader in betting retail, access to award-winning Yggdrasil titles certified
under Italian regulations. Snaitech will receive Yggdrasils collection of
in-game promotional tools, BOOST and social sharing tool BRAG,
enabling the operator to increase and complete its online casino offer.
Yggdrasil CEO Fredrik Elmqvist said:
To agree a deal with Snaitech, one of the most respected names in
European gaming, shows that our approach is being welcomed by both operators
and players in Italy.
This partnership with Snaitech
is the latest step in Yggdrasils ambitious plans for the Italian
Snaitech CEO Fabio Schiavolin said:
We always work to offer our customers the best selection of content
available. So it is with great pleasure that we are able to add Yggdrasil games
to our offering. The new titles, the promotional infrastructure and above all
the smart approach of Yggdrasil team, will add a further innovative boost to
provide a complete, safe, engaging and entertaining gaming experience to our
Yggdrasil plans to have more than 30
games certified for the Italian market during 2018.
About Yggdrasil Gaming
Yggdrasil Gaming is a provider of
superior online and mobile casino games. It has emerged as one of the
industrys most respected and acclaimed suppliers and provides games for
some of the worlds biggest operators, including: bet365, Betsson Group,
bwin.party, Cherry, LeoVegas, Mr Green, Casumo and Unibet.
The company is headquartered in
Malta, with a major development office in Krakow, Poland and regional offices
in Stockholm and Gibraltar. The firm holds licences in Malta, Romania,
Gibraltar and the United Kingdom.
Yggdrasils slots are renowned
for their outstanding graphics and gameplay and many have become global hits.
They are integrated via the industry-changing iSENSE 2.0 HTML client framework
which allows for simultaneous launches on desktop and mobile, and is supported
by BOOST, a collection of promotional tools focused on engagement and
retention via concepts such as Missions, Super Free Spins and Cash Race,
and BRAG, an industry-first concept which allows for the promotion of games via
iSENSE 2.0+, launched in April 2017,
includes a number of industry-leading features, including retina support for
crisper visuals, a new minimalistic mobile UI with a sleek and fresh feel, and
a new and easy in-game deposit process.
Yggdrasil was the winner of
Innovator of the Year at the 2017 International Gaming Awards, Slot Provider of
the Year at the 2016 and 2017 EGR B2B Awards, Gaming Software Supplier of the
Year at the 2016 International Gaming Awards and Software Rising Star at the
2015 EGR B2B Awards.
About SNAITECH S.p.a.
SNAITECH, which is listed on the
Milan Stock Exchange, is leader on the Italian Gaming and Betting market.
Founded through the integration
between Snai Spa and the Cogemat group companies in late 2015, has headquarters
in Milan, Porcari (Lu) and Rome.
Thanks to its multichannel
technology offers sport and horse racing betting, virtual sports, videolottery,
both online and mobile (poker, skill games, casino games, bingo), esports and
pari-mutuel. The SNAI retail betting network is comprised of over 1600 points
of sale located throughout Italy. The Group also operates 60,000 New Slot and
more than 10,000 Videolottery. Convenience payments services, satellite
broadcasting and integrated stats and odds services, real time updates on
different sport events, contribute toward optimizing the quality and value of
products and services. The website, www.snai.it, offers a vast range of gaming
and entertaining services including all online products: sport and horse racing
betting, poker cash and poker tournament, sport pari-mutuel, bingo, lotteries
and number games, virtual sports. Betting and casino apps are available also
from website using a technology that adapts to all devices.
The website, www.snai.it, offers a
vast range of gaming and entertaining services including all online products:
sport and horse racing betting, poker cash and poker tournament, sport
pari-mutuel, bingo, lotteries and number games, virtual sports. Betting and
casino apps are available also from website using a technology that adapts to
all devices. Furthermore, the Groups own sportnews.snai.it is a
well-known blog providing updated information and news to customers and sport
SNAITECH also owns three race
tracks, two in Milan, SNAI San Siro and SNAI La Maura, and one in Tuscany in
Montecattini Terme, SNAI Sesana. Its properties include training circuits and
accommodation for horses.
SOURCE: Yggdrasil Gaming.
Digitain Agrees Habanero Deal
integrates full suite of slots and table games
YEREVAN, Armenia (December 22, 2017)
-- Multi-channel sports betting and casino platform provider Digitain is set to
integrate content from leading online slots and table game supplier
Among the games made available to
their operator partners via the deal will be Habaneros latest release 5
Mariachis, as well as a popular titles Rolling Roger, The Dead Escape, and
The integration adds some extra
muscle to the Armenian suppliers casino platform, as it continues to
expand in international markets, and brings a new premium range to its existing
Suren Khachatryan, Digitain CEO,
said: We have been working hard to forge fresh casino alliances recently
and are aiming to arm ourselves with the prized products from the best
suppliers in the business.
Like us, Habanero have been
very successful in their expansion during 2017 and together we present a
compelling platform and content solution to operators. Were very pleased
to have them on board.
Daniel Long, Head of Sales at
Habanero, said: Were delighted to have teamed up with Digitain and
we cant wait to see how our games perform in what in many cases are new
markets for us.
We have launched some
fantastic content over the last 12 months, with a wide variety of themes,
features, and maths models, and we hope theyll quickly become firm
favourites with operators and players alike.
Digitain is an Armenia-based
sportsbook and casino platform provider offering best of breed turn-key and
white-label solutions. The companys primary focus is on the regulated
European market, with ambitious plans to expand its geographical footprint into
the Americas and Asia. It employs more than 800 of the brightest minds and
creative talents in the gaming industry, with the aim of providing a
one-stop-shop for its customers. The multi-channel Digitain Gaming Platform
allows operators to plug-in sportsbook, casino, live dealer and virtual sports
modules, and includes an integrated payment gateway, bonus engine, CRM system
and dedicated customer support. Its sportsbook product covers 65 sports, taking
in 7,500 leagues, and offers more than 3,000 betting markets. It also offers
odds on 30,000 live events each month, while its casino solution has 1000-plus
games from major casino suppliers.
SOURCE: Digitain press release.
Global Tote Signs U.S. Distribution Deal with
SYDNEY, Australia (December 27,
2017) -- The Board of TopBetta Holdings Limited (ASX:TBH) ("TopBetta" or the
"Company") is pleased to announce that its wholly-owned Alderney-based
subsidiary, The Global Tote Limited ("The Global Tote"), has signed a deal that
will allow US punters to access its pools on Australian racing for the first
- WatchandWager.com will become the first American
distribution partner of The Global Tote's pools.
- North American punters will be able to access The
Global Tote's pools on Australian thoroughbred, harness and greyhounds
- Last calendar year WatchandWager.com processed over
US$360M worth of wagers into pools around the globe.
- The Global Tote now has distribution agreements in
place to offer pools in the UK and the US.
The Global Tote has entered into an
agreement to with US company, WatchandWager.com LLC ("WatchandWager.com"),
which provides pari-mutuel, or pool-betting, wagering services through a number
of distribution channels to an international client base.
Under the terms of the deal,
WatchandWager.com can provide The Global Tote pools on a non-exclusive basis on
Australian racing, harness and greyhound meetings across its distribution
network and Advance Deposit Wagering ("ADW") platform to punters across North
TopBetta CEO, Todd Buckingham,
"WatchandWager.com will become
the first American distribution partner of The Global Tote's pools, bringing in
both retail and sophisticated handle/turnover which is expected to create
greater liquidity to The Global Tote's thoroughbred, harness and greyhound
"Last year WatchandWager.com
processed over US$360M worth of wagers into pools around the world, and now
that existing customer base will have access to the full suite of The Global
Tote products and pools."
"This deal is the result of much
hard work and we are very excited to bring The Global Tote into the US via this
new channel, which, again, we expect will also benefit Australian racing bodies
with more race field fees via this new turnover."
The agreement with WatchandWager.com
commences on 1 February 2018 for an initial term of 12 months (with successive
further 12 month terms) and The Global Tote will receive 2% of the takeout from
bets placed by WatchandWager.com with The Global Tote.
Technology integration work are
expected to commence in CY Q1 2018 and The Global Tote pools are expected to be
open in the US by CY Q2 2018. The agreement is subject to the usual approvals
from racing and regulatory bodies.
WatchandWager.com President, Ed
"WatchandWager.com is currently
the fourth largest ADW in the US. We believe this partnership with The Global
Tote, offering new products and pools on Australian Racing, creates a great
opportunity for WatchandWager.com to further increase our global racing handle
via our network of sophisticated and recreational players."
About The Global Tote
The Global Tote Ltd is a
wholly-owned subsidiary of TopBetta Holdings Ltd based in Alderney, UK. It
operates under a Category2 eGambling B2B wagering license granted by the UK's
Alderney Gambling Control Commission.
Since it launched in May, 2017, The
Global Tote has fielded on more than 1300 race meetings with unaudited turnover
of more than $65million and the product is currently used by multiple
bookmakers in Australia. The Global Tote has also recently entered into an
agreement with the Official UK Totepool, Totepool Alderney Limited, to give it
the ability to distribute its pools through 10,000 plus UK and European betting
shops and some of the world's top global wagering websites.
About Webis Holdings plc and
Webis Holdings plc is a holding
company with subsidiaries operating in the gaming and technology sectors. The
company is listed on the Alternative Investment Market in London and operates
from offices based in Douglas, Isle of Man, Lexington, Kentucky and San
Francisco Bay Area, California.
WatchandWager.com LLC has its
operational base in Lexington, Kentucky, with its head office in San
Francisco's Bay Area, California, and provides pari-mutuel, or pool-betting,
wagering services through a number of distribution channels to a global client
base. The company holds United States pari-mutuel licences for its ADW business
in the US, namely a multi-jurisdictional licence issued by North Dakota and
individual licenses in California, Kentucky and New York, as well as several
other US States. The business provides wagering opportunities predominantly on
horse and greyhound racing and has contracted with a significant number of
prestigious racetrack partners within the United States, Hong Kong, Canada,
United Kingdom, Ireland, Australia, South Africa and France, amongst others. It
provides wagering facilities to customers through its website,
watchandwager.com, and mobile product as well as offering a Business Trading
product and a telephone call centre.
WatchandWager.com LLC also operates
Cal Expo Harness Racetrack in Sacramento, California, under a licence issued by
the California Horse Racing Board.
About Topbetta Holdings
TopBetta Holdings Limited ASX
TBHTopBetta Holdings Limited (ASX:TBH) is licensed to conduct race wagering and
sports betting under the Bookmakers and Betting Exchange Act 1998 (Northern
The Company has built proprietary
technology platforms that combine an online racing and sports wagering offering
with a fantasy wagering platform and enables sports fans to compete against
each other via online tournaments.
SOURCE: Topbetta Holdings Ltd press
release distributed by ABN Newswire.