Sportech Racing Awarded Contract to Provide New Wagering Terminals to Betfred's Totepool Operations at UK Horse Racing Courses

NEW HAVEN, Conn., May 28, 2013 /PRNewswire/ -- Sportech Racing LLC (Sportech Racing), a division of Sportech PLC (LSE: SPO), announced that has entered into an agreement to provide wagering terminals to UK-based Betfred, owner of Totepool (formerly UK Tote), for installation at horse racing courses in the UK.  Sportech Racing will provide a total of 1,000 Flair™ wagering terminals in phases, with a portion of the installation to occur in time to support the 2013 race meeting at Royal Ascot.

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Betfred is one of the largest bookmakers in the UK, with a retail estate of over 1,350 shops.  In 2011, Betfred acquired the UK Tote, and the company was awarded an exclusive seven-year license to operate pari-mutuel ("pools or tote") betting on horse racing in the UK.

The Flair™ teller operated wagering terminal provides teller-operated wagering services in a compact package that is ideally suited for situations in which wagering equipment must be moved from location to location, as is the case for Totepool operations in the UK.

Ian Penrose, Chief Executive of Sportech Plc, said: "Sportech is delighted to expand our business relationship with Betfred, whose UK Tote betting operation is an important ingredient in the success of the sport of horse racing in the UK. This deal further strengthens Sportech Racing's participation as a technology supplier to the European tote wagering industry."

Andrew Gaughan, Managing Director of Sportech Racing, added: "Sportech Racing is very happy to have been selected to provide new wagering terminals to Betfred and Totepool.  We are confident that the Flair™ terminals will deliver improved operations to Totepool employees and an overall enhanced wagering experience to the patrons of the UK's racecourses."

About Sportech Racing LLC and Sportech Plc

Sportech Racing LLC is a leading global provider of wagering technology solutions to licensed racetracks, off-track betting networks, Internet wagering operators and casinos.  Sportech's Interactive Products and Services group provides customized Internet, phone and mobile technologies and associated services to licensed gaming operators in the U.S. and Puerto Rico as one of the largest Internet wagering technology providers and operators in the U.S.  The company's sister division in the United States, Sportech Venues, Inc., owns and operates Winners, a network of off-track betting and sports bar betting venues and an account wagering service, under an exclusive license to operate pari-mutuel wagering in Connecticut. 

Sportech Plc is one of the world's leading pools and tote gaming organizations focusing on highly regulated markets worldwide. Sportech provides pari-mutuel betting on football (soccer), horseracing and greyhounds, processing over $13 billion in bets annually with a presence in 30 countries. Sportech also has a developing e-Gaming business.   Sportech is headquartered in London, England with operational offices in Liverpool, England, Atlanta, Connecticut, California, New Jersey, Netherlands, Germany and Ireland.  For more information about Sportech PLC, please visit www.sportechplc.com.

Contact:
Jennifer Conning
[email protected]
+1 (678) 427-3881

SOURCE Sportech Racing

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