The World Pool remains confident in its increasing popularity among racegoers and horse racing bettors after recording a turnover of £521m throughout the 2022 season. As revealed in the Racing Post, the international group reported a 44% growth across the UK and Ireland’s 17 World Pool race days, an increase of £363m on the previous year. The Final Racecard was …
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UK Tote: Record £129k Ayr dividend a ‘once in a blue moon’ event
The UK Tote Group has reported a record dividend for today’s Ayr Racecourse, the total pot for the six fixtures taking place throughout this afternoon standing at over £100,000. To be precise, the dividend stands at £129,858, boosted to £142,844.68 for punters using the firm’s Tote+ offering via its website or app, which provides a 10% boost. After reaching out …
Read More »Andy Clerkson, Voxbet: Why the US is lagging behind Europe on betting tech
Standing out from the competition is a key goal and challenge of any operator, but the US poses more hurdles to this than other markets according to Andy Clerkson. Speaking to SBC at Betting on Sports Europe (BOSE), the Voxbet Strategic Advisor explained why the emerging North American online betting space needs to make improvements on its tech support. “One …
Read More »UK Tote adds Lord Spencer and Mark Holt as growth advisors
UK Tote Group, the operating company of UK racing’s Tote pool betting services has announced the appointment of Lord Michael Spencer of Alresford and technology expert Mark Holt as corporate advisors. The duo will join the Tote Group’s corporate governance as non-executive directors (NEDs) advising leadership on the Tote’s next phase of growth focused on product innovation, commercial partnership and …
Read More »UK Tote Group introduces ‘next-generation bet execution’ with Voxbet
UK Tote Group has signed an agreement with machine-learning technology platform, Voxbet, to introduce a direct betting functionality through the Viber messaging platform. The platform allows sports bettors to ‘securely and accurately’ bet via a text message, described as a ‘next-generation bet execution’, having already grown in Asia, LatAm and Eastern European territories. The collaboration means that Voxbet Viber will …
Read More »Tote launches Tote Guarantee across UK racecourses via Britbet deal
The Tote has signed an agreement with Britbet, enabling the company to offer the Tote Guarantee across the sports betting operator’s 55 racecourse partners. As a result of the partnership, the Tote Guarantee will be made available on-course at Britbet-affiliated racetracks for a trial period of three months until January 2022. However, the partners are ‘hopeful that a positive response …
Read More »Martin Stevenson steps up to CEO at RMG
The Racecourse Media Group (RMG) has promoted Martin Stevenson to the position of CEO, with the former Finance Director bringing considerable accounting and media experience to the role. Stevenson joined RMG as Finance Director in 2007, and has since developed ‘deep and intimate knowledge’ of the company’s business and operations. “I am extremely excited and honoured to take up the …
Read More »2000 Guineas and Epsom Derby incorporated into World Pool
This year’s QIPCO 2000 Guineas Day at Newmarket and the Derby Day at Epsom Downs will be classified as World Pool events, according to an announcement by a coalition of horse racing leaders. The Hong Kong Jockey Club, UK Tote Group, The Jockey Club and its media rights partner, Racecourse Media Group (RMG), confirmed this morning [8 March] that the …
Read More »Tote secures £20m for new product roadmap beyond racing
A reformed UK Tote Group has raised a reported £20 million from existing shareholders to diversify its products and technologies beyond the firm’s legacy dependence on racing fixtures. Sky News ‘City Edition’ reported that Tote shareholders had agreed to back the firm’s new product roadmap, as the Tote eyes ‘an expansion into football betting to strengthen the company’s balance sheet’. …
Read More »Sportech and UK Tote Group renew sports betting partnership
Sportech has confirmed that it has signed a new multi-year licensing and services contract with UK Tote Group. The extended partnership will assure Sportech’s continued delivery of pools betting technologies and services via its Quantum System, which underpins the Tote’s domestic pools betting. The Quantum system will also allow the UK Tote to significantly deepen its pool volumes, featuring global …
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