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Hong Kong Jockey Club In Deal With WatchandWager

Friday March 14,2014 :  WATCHANDWAGER IN HONG KONG JOCKEY CLUB DEAL
 
Agreement will provide access to Pari-mutuel pools.
 
Webis Holdings San Francisco-based advanced deposit pool wagering subsidiary WatchandWager.com has inked an agreement with Hong Kong Jockey Club Horse Race Betting Limited which gives it access to the HKJC pari-mutuel pools.
 
In an announcement Thursday the US licensed gambling  firm claimed that no other wagering operator in the world is currently able to wager internationally into these lucrative betting pools.
 
Connecting into the HKJC pools will commence with a select group of WatchandWager customers this Sunday, 16 March. WatchandWager will access the Hong Kong betting pools via Typhoon Hub Ltd, the first tote company to integrate into the Hong Kong Jockey Club pools this season.
 
Both parties have the option to renew the agreement for the racing Season 2014/15, the company notes, adding that the HKJC offers the highest quality of international racing and racing integrity and also provides significant pool liquidity across all its bet types.
 
As a result, WatchandWager expects the positive impact on its handle and gross margin to be substantial, especially should the agreement continue into a second season of racing in Hong Kong.
 
Ed Comins, president of WatchandWager.com, said: "The integrity of their international product and the huge pool liquidity are sure to be attractive to our players, especially with our high volume operators. As with many of our recent content license agreements, it was our licensed online and racetrack operations in the US, and our contributions back into racing both in the US and worldwide, which won us this important contract."

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Gambling News :

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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