Wednesday February 20,2013 : PMU PARTNERS WITH SPANISH HORSERACE TRACK
Organisation to learn from French operator's experience
The second biggest horserace course in Spain Hipodromo de San Sebastian will offer online betting as a result of a partnership agreement between Pari Mutuel Urbain (PMU) and la sociedad Hipódromos y Apuestas de Euskadi (HAHE), an association PMU has worked closely with over the past seven years.
PMU also reached a partnership agreement with HAHE-owned Apuesta Ganador Online, s.a. (AGOSA) for online horseracing totalisator betting in Spain. AGOSA has reportedly submitted a horse racing totalisator betting license application to the Spanish gambling authority (DGOJ).
"This agreement is a confirmation of our fruitful collaboration with HAHE and our experience in the French market combining online and offline betting encourages us to confidently launch this project," said a PMU spokesperson.
Miguel Ortiz-Cañavate, group president and majority shareholder Nervión HAHE and AGOSA said: "Since we took over the Hipódromo de San Sebastián, with 96 years of history in the equestrian world, PMU has been our management benchmark in racing and betting; closer relations with PMU will enable us to learn from their experience in developing on and off-line equestrian betting in Spain. It is a motivator for the group and will undoubtedly prove very beneficial to the industry in Spain".