Sportech and Tote Partner Up

Sportech's racing and digital division has announced that it has been selected by Betfred to provide a new betting products to its Totepoolbusiness. The companies have entered into a 10 year arrangement said to be worth GBP 9 million in total revenues. Totepool is the license holder for all Tote betting operations on British horseracing. Philip Siers, managing director of Totepool said, "The new Quantum System, coupled with the Digital Link and G4 modules will anchor our tote offering going forward, and with the additional flexibility and market reach it gives us, we expect significant growth in our pools products. I am confident that this strategic partnership will be good for both our businesses, and I look forward to next year when the initial system will be delivered. "This is a major investment for Totepool, and it demonstrates our further commitment to horse racing, and a desire to see our pools betting operation, lead the way in technological innovation and racecourse service."