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More USA Online Horse Betting
12/9/09 - The controversial US legislative exemptions that permit online wagering on horseracing are set to generate yet another American company looking to profit from the situation.
This week Global Pari-Mutuel Services announced that it hopes to increase revenues with the launch of two new ADW (advanced deposit wagering) websites in order to capture a more significant portion of the market on horse, harness and dog racing in the United States and internationally, working through its wholly owned subsidiary Royal Turf Club.
The company has launched two new websites, RTC Sport Of Kings.com and Track Player.com, which it says are the first of a series of websites GPRM plans to launch after completing an extensive upgrade to its software.
The sites join a rapidly growing Internet horserace wagering sector which is flourishing whilst other genres of online gambling are harrassed and legislated against by US politicians and government enforcement agencies.
GPRM generates revenue as a handling charge, not on wins or losses. The website receives payment for each bet placed though the system.
According to James A. Egide, founder and CEO of the company, ADW is the fastest growing segment of online horse and dog track wagering.
"Now that all software upgrades have been completed, GPRM has created the most user friendly websites for off track wagering available for racetrack gambling in the United States today," claims Egide. "These sites allow the user to place their wagers online and then watch the results as the race comes live to them via streaming video. Users can bet on many races from various racetracks around the country. Presently users can set up accounts using their credit card. GPRM will also be offering an e-check option in the next few weeks."
Egide said his company sees great opportunities to expand these distribution channels for market-specific applications. "Utilizing the new marketing data mining tools and social networking options such as Facebook, we have seen positive responses from the initial test marketing we have done," he said. "With the core wagering applications now complete, this provides us with the tools to expand into other revenue streams, unlike any other wagering site."
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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