STAN JAMES ACQUIRES MAJORITY STAKE IN RACING2DAY

New range of pari-mutuel products for customers
 
Global online gaming operator, Stan James Plc, has acquired a majority stake in Racing2day LLC, an online horse racing wagering business run by horse racing owners, players, handicappers and fans.  Based in the USA, Racing2day is licensed by the Oregon Racing Commission and offers pari-mutuel horse race wagering online and via its 24/7 call centre operation.
 
"We are delighted to have completed this important investment into Racing2day, said Denis Kelly, CEO of StanJames.com.  "The team at Racing2day is passionate about horse racing and their high quality product gives us an ideal opportunity to develop and enhance our international racing offering by giving our customers access to a new and exciting range of pari-mutuel products which are fun and easy to use. StanJames.com invests significantly into UK horse racing, and we are committed to continue our global investment in this exciting sport. We aim to boost the size of the pools by ultimately driving our European customers to the US Tote."
 
Vincent Caldwell, President of Racing2day, said: "StanJames.com's involvement will drive the development of Racing2day in offering a truly unique and independent wagering service to American and international horse-racing players."