Arizona's Turf Paradise Racetrack has reached an agreement with 1/ST TECHNOLOGY's AmTote International for multi-year totalisator services, featuring year-round simulcast wagering on track and an OTB network of 38 locations, a number anticipated to grow in excess of 50 in 2021. 1/ST TECHNOLOGY already services Turf Paradise fixed-odds wagering through its XB NET business. 1/ST TECHNOLOGY will upgrade Turf Paradise's in-venue terminals and totalisator platform.
“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,” said Keith Johnson, Chief Revenue Officer at 1/ST TECHNOLOGY. “We're confident these milestone developments can reignite horse racing's consumer economy.”
AmTote technology and services host the majority of racetrack operators in North America and process more than $15 billion in pari-mutuel and fixed-odds wagering around the world each year.