PointsBet, 1/ST Technology Announce Partnership Designed To Grow Horse Racing in the U.S.

Premier Turf Club, LLC, a wholly owned subsidiary of PointsBet USA Inc., on Wednesday announced a partnership agreement with 1/ST Technology, a business division of The Stronach Group (“TSG”), North America's dominant Thoroughbred horse racing company. The agreement encompasses 1/ST's broad portfolio of products and services including 1/ST Bet, Xpressbet, Monarch Content Management, and AmTote International. 1/ST Technology's AmTote, Xpressbet, and 1/ST Bet brands are world leaders in pari-mutuel tote and ADW technologies.

Key features of the deal include:

  • PointsBet and 1/ST Technology will collaborate on integration and launch of the one-of-a-kind 1/ST Bet online horse wagering product in U.S. jurisdictions where advance deposit wagering (ADW) is permitted. 
  • Deeply aligns the companies and drives vertical integration across key components of ADW – product, tote, and content management – serving to enrich the PointsBet offering and introduce new bettors to American horse racing. 
  • Racing customers of 1/ST Technology's currently operated brands, Xpressbet and 1/ST Bet, will be introduced to the world of sports betting and iCasino via PointsBet products through this unique marketing partnership.

The agreement encompasses a wide range of services and synergies across the companies which is set to deliver a fully integrated, white-label horse betting experience to PointsBet customers.  The partnership marks the first time in the United States that a tier-one sports betting company and horse racing company have aligned to power an independently owned and licensed ADW operator.

1/ST Bet is a revolutionary multi-featured app with an algorithm-based handicapping tool and a fully configurable UI/UX created to introduce new customers to horse racing and betting, as well as support for the most advanced horse racing bettors.  The 1/ST Bet app was developed to make handicapping and betting fun and intuitive.  Its goal is to educate customers to make smarter bets, engage with the sport of horse racing, and complement the on-track visuals and wagering experience.  1/ST Bet was successfully launched nationally in May 2019.

Regarding the strategic partnership announcement, PointsBet Group CEO Sam Swanell commented: “Today marks a pivotal moment in the evolution of our U.S. expansion strategy. Horse racing has a unique role to play alongside sports betting in the United States, and despite already generating over $6.5 billion per annum in industry online handle, we consider it an attractive category on the cusp of further expansion on the back of the ongoing shift from brick and mortar to digital. With PointsBet's mature market Australian racing expertise, and now a strategic partner in 1/ST Technology that provides us with a market leading portfolio of racing products and services, we can introduce new and existing customers to a dynamic and interactive PointsBet branded horse betting experience. This will be supported through cost effective offers and marketing, along with the utilization of our extensive US sports betting database.”

Paul Williams, CEO, 1/ST Technology, added: “1/ST Technology is excited to be partnering with the truly innovative team at PointsBet to bring the great sport of horse racing to a growing customer base across U.S. markets.  We are uniquely aligned on a superior product vision as well as the value that this relationship brings to our collective organizations and horse racing industry stakeholders at large.”

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PointsBet, 1/ST Technology Announce Partnership

Edited Press Release

Premier Turf Club, LLC, a wholly owned subsidiary of PointsBet USA Inc., today announced a partnership agreement with 1/ST TECHNOLOGY, a business division of The Stronach Group (“TSG”). The agreement encompasses 1/ST's broad portfolio of products and services including 1/ST BET, Xpressbet, Monarch Content Management and AmTote International.

Key features of the deal include:

  • PointsBet and 1/ST Technology will collaborate on integration and launch of the one-of-a-kind 1/ST BET online horse wagering product in US jurisdictions where Advance Deposit Wagering (ADW) is permitted.
  • Deeply aligns the companies and drives vertical integration across key components of ADW–product, tote, and content management–serving to enrich the PointsBet offering and introduce new bettors to American horseracing.
  • Racing customers of 1/ST TECHNOLOGY's currently operated brands, Xpressbet and 1/ST BET, will be introduced to the world of Sports Betting and iCasino via PointsBet products through this unique marketing partnership.

The agreement encompasses a wide range of services and synergies across the companies which is set to deliver a fully integrated, white-label horse betting experience to PointsBet customers. The partnership marks the first time in the United States that a tier-one sports betting company and horse racing company have aligned to power an independently owned and licensed ADW operator.

1/ST BET is a revolutionary multi-featured app with an algorithm based handicapping tool and a fully configurable UI/UX created to introduce new customers to horse racing and betting, as well as support for the most advanced horse racing bettors. The 1/ST BET app was developed to make handicapping and betting fun and intuitive. Its goal is to educate customers to make smarter bets, engage with the sport of horse racing, and complement the on-track visuals and wagering experience. 1/ST BET was successfully launched nationally in May 2019.

Regarding the strategic partnership announcement, PointsBet Group CEO Sam Swanell commented: “Horse racing has a unique role to play alongside sports betting in the United States, and despite already generating over $6.5 billion per annum in industry online handle, we consider it an attractive category on the cusp of further expansion on the back of the ongoing shift from brick and mortar to digital. With PointsBet's mature market Australian racing expertise, and now a strategic partner in 1/ST TECHNOLOGY, we can introduce new and existing customers to a dynamic and interactive PointsBet branded horse betting experience.”

Paul Williams, Chief Executive Officer, 1/ST TECHNOLOGY, added: “1/ST TECHNOLOGY is excited to be partnering with the truly innovative team at PointsBet to bring the great sport of horse racing to a growing customer base across US markets. We are uniquely aligned on a superior product vision as well as the value that this relationship brings to our collective organizations and horse racing industry stakeholders at large.”

The post PointsBet, 1/ST Technology Announce Partnership appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

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Weekly Stewards and Commissions Rulings Sept. 27-Oct. 3

Every week, the TDN publishes a roundup of key official rulings from the primary tracks within the four major racing jurisdictions of California, New York, Florida and Kentucky.

Here's a primer on how each of these jurisdictions adjudicates different offenses, what they make public (or not) and where.

With the Horseracing Integrity and Safety Act (HISA) having gone into effect on July 1, the TDN will also post a roundup of the relevant HISA-related rulings from the same week.

California:
Track: Los Alamitos
Date: 10/02/2022
Licensee: Juan Hernandez, jockey
Penalty: One-day suspension, $278 fine
Violation: Excessive use of the whip
Explainer: Having violated the Horseracing Integrity and Safety Authority Rule #2280 (Use of Riding Crop) and pursuant to Horseracing Integrity and Safety Authority Rule #2282 (Riding Crop Violations and Penalties – Class 3), Jockey Juan Hernandez, who rode COUNTRY GRAMMER in the eighth race at Santa Anita Park on October 1, 2022, is suspended for one (1) day (October 9, 2022), and fined $278.00 (10% of jockey's portion of the purse) for one (1) strike over the limit. Furthermore, Jockey Juan Hernandez is assigned three (3) violation points that will be expunged on April 2, 2023, six (6) months from the date of final adjudication pursuant to Horseracing Integrity and Safety Authority Rule #2282 (Riding Crop Violations and Penalties. Jockey Juan Hernandez has accrued a total of six (6) points.

Florida:
The following was reported on the Association for Racing Commissioners International's recent rulings website.
Track: Gulfstream Park
Date: 10/05/2022
Licensee: Herbert Miller, trainer
Penalty: $1,000 fine
Violation: Medication violation
Explainer: STEWARD'S RULING FINAL ORDER # 2022-037344 – F.S. 550.2415 = METHOCARBAMOL. $1000 FINE IMPOSED AND DUE 10/20/22 TO GULFSTREAM PARK HORSEMENS BOOKKEEPER. LOSS OF PURSE IMPOSED ALSO. “I'LL FIGURE IT OUT”

Track: Gulfstream Park
Date: 10/05/2022
Licensee: Lis Duco, trainer
Penalty: $1,000 fine
Violation: Medication violation
Explainer: STEWARD'S RULING FINAL ORDER # 2022-037253 – F.S. 550.2415 VIOLATION = TRANEXAMIC ACID. $1000 FINE IMPOSED AND DUE 10/20/22 TO GULFSTREAM PARK HORSEMENS BOOKKEEPER. LOSS OF PURSE ALSO IMPOSED. “AMOR LEJANO”

Kentucky:
Track: Churchill Downs
Date: 10/01/2022
Licensee: Keith York, owner-trainer
Penalty: Suspended license
Violation: Disorderly conduct
Explainer: Keith York is hereby suspended for disorderly conduct and his formal rejection from Ellis Park that occurred on September 29, 2022.

Track: Churchill Downs
Date: 10/02/2022
Licensee: Sonny Leon, jockey
Penalty: 15-day suspension
Violation: Intentional attempt to interfere during racing
Explainer: After being represented at a hearing before the Board of Stewards, Sonny R Leon, who rode Rich Strike in the tenth race at Keeneland on Oct. 1, 2022, is hereby suspended 15 racing days, October 9, 12, 13, 14, 15, 16, 19, 20, 21, 22, 23, 26, 27, 28, and October 29, 2022, for intentionally attempting to interfere with and impede the progress of a rival by repeatedly making physical contact with another rider into the stretch.

NEW HISA STEWARDS RULINGS
Note: While HISA has shared these rulings over the past week, some of them originate from prior weeks.

Violations of Crop Rule:
Albuquerque Downs
Luis Ramon Rodriguez–ruling date September 18, 2022
Alejandro Medellin–ruling date October 1, 2022
Miguel Angel Perez–ruling date October 1, 2022

Aqueduct
Manny Franco–ruling date September 29, 2022
Jose Ortiz–ruling date September 29, 2022
Jose Lezcano–ruling date September 30, 2022

Churchill Downs
Jose Riquelme–ruling date September 25, 2022
Edgar Moorales–ruling date September 25, 2022
Joseph Talamo–ruling date September 25, 2022
Joseph Rocco, Jr.–ruling date September 30, 2022
Corey Lanerie–ruling date October 2, 2022

Delaware Park
Carlos Eduardo Lopez–ruling date October 1, 2022
Prairie Meadows
Cassidy Fletcher–ruling date October 2, 2022

Remington Park
Erick Medellin–ruling date September 28, 2022
Presque Isle Downs
Helen Alice Beckman–ruling date September 28, 2022
Eduardo Rojas–ruling date September 30, 2022

Voided Claims
Churchill Downs
Violent Gigi–ruling date September 21, 2022
Beverly's Charge–ruling date September 21, 2022
Mine Own Star–ruling date September 25, 2022
Indimaaj–ruling date September 25, 2022
Supremacy – ruling date September 28, 2022

Horseshoe Indianapolis
Rio Lady–ruling date September 27, 2022

Violations Involving Forfeiture of Purse
Albuquerque Downs
Luis Ramon Rodriquez–$500 fine; 3-day suspension; 5 points; 7-day additional suspension due to accumulation of 11 HISA points

Appeal Request Updates
Albuquerque Downs

Luis Ramon Rodriquez
Crop rule violation
Ruling date September 18, 2022
Appeal filed September 28, 2022
Stay denied

Oscar Ceballos (rider of horse owned by Joseph Peacock, Jr.)
Crop rule violation
Ruling date September 25, 2022
Appeal filed October 3, 2022
Stay granted

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