London-listed racing and wagering systems supplier Sportech Plc has announced that it successfully delivered the new “Ascot World Pool’, completing a ‘commingling project’ undertaken for major racing stakeholders Betfred Totepool, Ascot Racecourse, and Hong Kong Jockey Club.
Launched at Royal Ascot 2019, the World Pool is a pari-mutuel betting pool designed to maximize liquidity by combining wagers from global Ascot partners, including on-course tote, Betfred’s UK Totepool and the ‘Royal Ascot Pool’ hosted by the Hong Kong Jockey Club.
Sportech’s Racing-&-Digital division powered the development of World Pool, providing the product with its Sportech Quantum operating system, in addition to hosting and operational services from Sportech’s Global Data and Operations Centre.
Sportech Chief Technology Officer Raj Sanjanwala said: “The World Pool initiative is indicative of what Sportech does best. We listen to our client’s ambitions and work closely with their teams to cooperatively deliver a seamless global solution.
“In this case, working with world-class partners Betfred Totepool, Ascot Racecourse, and Hong Kong Jockey Club to execute the solution live on the world stage, ultimately delivering a terrific result. Royal Ascot, I suspect, was just the opening chapter of the potential for pools that deliver increased liquidity for our combined worldwide client base.”