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Horseracing: Jetbet system to be replaced by NZ$ 5 million Typhoon
10/19/09 - The New Zealand Racing Board is to install a new, state-of-the-art Australian-designed betting system called Typhoon to replace the TAB's ageing Jetbet system by December 2010, chief exec Andrew Brown announced this week.
Brown claimed that the new betting engine would enable the organisation to drive revenue growth for the racing industry and grow its contribution to GDP beyond the current 1.3 percent.
"Jetbet is nearly 28 years old, which is ancient in technology terms," Brown commented. "It was launched in January 1982 - the same year as the Commodore 64 computer.
"The move to a new system is long overdue and I'm delighted that we're building a platform from which we can launch so many more products and services quickly and efficiently.
"Typhoon enables us to be much more agile and responsive in meeting our needs and those of our customers," he added.
Expanding on the new system, Brown detailed its advantages:
* More betting events, including more race meetings and sports betting options. (The TAB cannot offer betting on some major international races because of the limitations of Jetbet).
* Better customer service and easier processing of bets - benefitting the TAB's agents and customers.
* Greater real time visibility and reporting that will enable improved management of any problem gambling issues.
* Improved systems for better decision making by the NZ Racing Board management through real time reporting.
* Ability to introduce new products and enhance existing ones much more quickly and efficiently.
"We've done lots of research worldwide and this is the best and most cost-effective solution," said Brown. "It is a NZ$5 million investment in a system that will enable strong growth for the next 10-15 years."
The Racing Board chief said that along with a fast and reliable service, Typhoon would significantly improve the TAB's capacity to compete against offshore operators, who return nothing to New Zealand racing or sports or to the New Zealand economy.
Typhoon is a product of Media and Gaming, an Australian company. Managing director Nicholas Plowman said the deal between the two organisations will result in a commercial and technology based partnership, which will ensure the NZ Racing Board can take a market leading position in an increasingly competitive global entertainment market.
Plowman said Typhoon will enable the NZRB to respond to customer demand and will help grow new revenues for the racing codes, clubs and New Zealand sport.
Typhoon was designed and developed by father and son team, Arnold and Greg Kopff. Arnold was a member of the 1975 team which created the world’s first sell-pay totalisator system. In 2006 he partnered with Media and Gaming to commercialise the system, which recently won the AIIA 2009 iAward for Innovation.
NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday -
Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.
Pro League Reveals Sportradar Contract Details -
The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.
NFL Odds: Steelers Visit Undefeated Chiefs #TNF -
The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.
Mega Moolah strikes again -
The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.
2 New Slots For Microgaming Casinos -
David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.
MLS Odds: Red Bulls vs. Whitecaps -
The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.
MLB Odds: Yankees Favored in AL Wild Card Game -
After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.
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