1/ST Technology to provide horse racing wagering technology to Pointsbet.
The online betting operator Pointsbet has recently entered a partnership with the online wagering platform provider 1/ST Technology to get access to their horse racing wagering offerings.
The deal has been signed with a term of five years, through Pointsbet’s Premier Turf Club subsidiary. It will allow the operator to offer high quality horse racing betting services and content to its customers. Furthermore, the collaboration will also allow the operator’s bettors to deposit money in advance to bet later in eligible jurisdictions.
Moreover, the partnership will involve a number of benefits for the provider as well, namely to its operator brands. Through this deal, the aforementioned operators will get access to online gaming and sports betting products via PointsBet’s offerings and services.
This is a pivotal moment for us in our journey of growing in the United States. We think horse racing is quite an interesting vertical in the betting industry, as it has its own unique place in it among other sports. That’s why we were interested in it enough to work on integrating it, despite making well in excess of 6 billion dollars per year. Thanks to our rich experience in racing in more mature markets and our new partner, we now have quite an extensive catalog of excellent racing solutions that we will be able to market under our own brand. We are looking forward to a fruitful partnership.
commented the chief executive officer of PointsBet Group, Sam Swanell.
We are thrilled to have the opportunity to work with the renowned PointsBet and deliver our excellent horse racing services and products to the ever-growing market of the United States. We are looking forward to a productive collaboration for both parties.
remarked the chief executive officer at 1/ST Technology, Paul Williams.
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