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Sportech partners with 123Gaming

Tuesday November 25,2014 : SPORTECH PARTNERS 123GAMING FOR DIGITAL
 
Successful retail horserace wagering offer to debut online
 
Sportech Racing and Digital will take 123Gaming, Inc's handicapping contest-style wagering product 123racing online.
 
123racing is currently offered by twenty-five North American racetracks including Parx Racing, Emerald Downs and Keeneland but the terms of this deal will make the product available across digital channels.
 
The offer is based on a Pick 6 format, but introduces additional elements of interactivity over traditional Pick 6 wagering. Payoffs on the 123racing wager are won by scoring points across the 6 races, with the wager that scores the highest total points claiming the pool.  In 123racing, top scorers don't necessarily have to pick the winners or 'hit the board' in every race.
 
Rob Earle, founder and chief executive officer of 123gaming, Inc., said: "123racing is the first interactive social wager of its kind to be integrated across an entire tote racetrack, OTB and online network, pitting handicappers across the U.S. against one another on national leaderboards."
 
Andrew Gaughan, president of Sportech Racing and Digital, commented, "The 123racing wager offers a great complimentary product to the classic Pick 6 and we expect it to help attract some of the 40 million Americans who are playing fantasy sports, but not wagering on horse racing.
 
"Because the 123racing wager is available on our Quantum System, which is deployed throughout North America as well as in Latin America and Europe, ultimately we see an opportunity for global commingled 123racing pools."

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Gambling News :

More Computers Smashed in Online Gambling Raids - More computers seized in police online gambling raids were trashed Monday when the Serdang police destroyed 1,312 machines to keep them out of circulation.

2017 Aussie Millions Event 1 - The Melbourne-based player bested a field of 1,565 entries - 245 up on last year's equivalent - to end up in the heads up with New Zealnad's Qiang Fu, but not before both he and Qiang had narrowly escaped at the four-handed stage when they were the low stacks.

Swiss Reject idea to Block Gambling Websites - The Legal Affairs Committee of the Swiss National Council has nixed new regulations which would have blocked access to online gambling sites in Switzerland, according to local media reports Tuesday.

Growth Ahead For Online Gambling - Transparency Market Research has issued a teaser on its latest international online gambling and betting survey, forecasting that the industry will grow at a Compound Annual Growth Rate (CAGR) of 10.8 percent by 2024.

New Qubit software For SkyBetting - #qubit Sky Betting & Gaming aims to top its record 50 percent revenue growth last year with new player differentiation software and expertise provided by the Qubit company.

Slotfather II Slot Launching - #betsoft The first is a sequel to the popular gangster-themed online slot Slotfather, unsurprisingly titled Slotfather II, whilst the other is a new 243 ways-to-win game titled Fa Fa Twins..

Massachusetts Online Lottery Bill - Flanagan's confidence was clearly boosted by the bill's success in the Senate last year, although it was not developed by the House and ran out of time.

Italy Doing Well With Online Sports betting - The latest numbers from the Italian regulator show that online sports betting remains king when it comes to internet gambling in the market, generating Euro 391.8 million in turnover in December 2016.

Michigan To Reintroduce Online Gambling Bill - #Michigan state Sen. Mike Kowell's staff have confirmed that the senator plans to reintroduce his online gambling legalization bill, which failed to make it through the last legislative season.

MGM Buys DC office building For lobbying team - #MGM Resorts International has bought a new Washington, D.C., office building for its in-house lobbying team, led by former chief counsel to the now retired Nevada Sen. Harry Reid, Ayesha Khanna.

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