Euro Off-Track, part of the betinternet.com plc group, has been appointed by The Racing Network International (TRNi) as one of its strategic European totalisator transmission hubs.
As a TRNi hub, Euro Off-Track will place tote pools directly into the totalisator systems at the thoroughbred tracks broadcast by TRNi. Commencement of this service will begin on Friday October the 26th, with advance wagering on Saturday’s Breeders’ Cup being held this year at Belmont in New York. Last year over 108 million dollars was wagered on the eight race tote pools.
The Euro Off-Track hub is based in the Isle of Man and was formally opened on October 11, 2001 in the presence of Isle of Man Government Ministers. It is the largest pari-mutuel “Super Hub” built to date by AmTote International, one of the top three tote manufacturers in the US. The hub can support multi-community, multi-currency and process 28 million transactions per hour.
Vincent Caldwell, betinternet’s Chairman & Managing Director said, “We are delighted to have been appointed by TRNi to act as one of its European hubs for US thoroughbred racing. This is another important step in betinternet’s plan to offer a truly global tote wagering platform.”
Euro Off-Track has already been appointed as the exclusive International Hub for the American Greyhound Broadcast Association that includes premiere US greyhound tracks Derby Lane, Hollywood, Flagler, Jacksonville and Palm Beach. Euro Off-Track is the exclusive off-track tote hub for Irish Greyhound Board tracks, Shelbourne Park and Harolds Cross in Dublin. Miami Jai Alai has also recently signed with Euro Off-Track to accept tote wagers at its Miami, Florida fronton.
Testing is underway to deliver a full suite of tote based sports wagers in the near future, Vincent Caldwell said, “Pari-mutuel wagering offers the punter the opportunity of lottery style bets with enormous jackpots. There is no doubt that the future of sports wagering in a global environment is commingled pari-mutuel.”
Besides offering wagering direct through individual customer accounts at euroofftrack.com and betinternet.com, Euro Off-Track will provide other bookmakers and licensees tote gateway access, enabling them to participate direct into host tracks, fronton and sports pools and hence, a risk free revenue stream. Again Vincent Caldwell said, “Bookmakers will have secure access to these exciting products while maintaining their own customer confidentiality.”