PointsBet | Horse Racing Free Tips

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.

Source of original post

PointsBet Moves Into U.S. Horse Racing Market With Purchase Of Premier Turf Club ADW

PointsBet USA Inc., a wholly owned subsidiary of PointsBet Holdings Ltd., has announced the premier global online gaming and racing operator has agreed in principle to acquire Premier Turf Club, LLC, an advance deposit wagering company licensed by the Oregon Racing Commission. The agreement is set to initially position PointsBet within the U.S. online horse racing market as the company continues its rapid expansion across the country.

“PointsBet is very pleased to join forces with Premier Turf Club,” noted PointsBet USA CEO Johnny Aitken. “The combination of Premier Turf Club's excellence in the space with PointsBet's mature market Australian racing expertise favorably positions us as we prepare to enter the U.S. horse racing market. Today's noteworthy acquisition complements our in-house approach while growing our premier product suite, and we are excited to welcome Premier Turf Club to the PointsBet team.”

Premier Turf Club, known as “Racing's Best Kept Secret,” has been in business over 13 years and operates the website BetPTC.com. The company is overseen by general manager Todd Bowker, a longtime industry executive who will become vice president of racing for PointsBet USA. Bowker previously served as general manager of AmericaTab Ltd, where he led the start-up of the company and oversaw the operational management of what grew to become the fourth largest Advance Deposit Wagering company licensed in Oregon. Premier Turf Club's highly experienced staff will also be joining the PointsBet team.

“As Premier Turf Club was exploring options for how we might enter the sports betting market, we realized early on that we wanted to partner with a highly regarded and experienced operator,” said Bowker. “PointsBet's history in racing in Australia made them an ideal choice, and we are excited to join their team. We look forward to be able to offer sports wagering to our customers in jurisdictions where legal, and to expose PointsBet's customers to the excitement of betting on racing.”

Premier Turf Club's extensive industry expertise and relationships, customer-focused operations, and excellent reputation will be of immediate value to PointsBet as the company looks to continue its proven track record of entering new markets with premium products while accelerating client value and growth in the United States.

For the operators able to execute on the opportunity, horse racing has a unique role to play alongside sports betting entertainment and content in the United States. The horse racing industry in the U.S. generates over $12 billion in handle annually, with only half wagered through ADW products legally available in 38 states. PointsBet aims to be at the center of innovation and growth in U.S. horse racing, and the addition of ADW adds to PointsBet's growing proprietary wagering product set which already includes a fixed odds sportsbook, PointsBetting, and online casino.

About PointsBet
PointsBet is one of the fastest growing sportsbooks in the country and is rapidly expanding its U.S. footprint, currently bringing its best-in-class proprietary technology, modernized and premium brand mentality, expert trading practices, and proven growth marketing strategies to the burgeoning sports betting markets of Colorado, Illinois, Indiana, Iowa, Michigan, and New Jersey. Originally founded in Australia, PointsBet is a cutting-edge online gaming operator that prides itself on having the quickest and most user-friendly app (iOS and Android) while also providing the best content and experience for sports bettors. PointsBet is the only U.S. sportsbook to offer PointsBetting – a unique and innovative way to bet – and has also introduced a slew of well-received, bettor-first initiatives. PointsBet offers the most markets on all four major U.S. sports (NFL, NBA, MLB, NHL) and PointsBetting in the world. For more information, visit www.PointsBet.com.

About Premier Turf Club
Premier Turf Club, LLC is a U.S. based pari-mutuel account wagering provider regulated in the state of Oregon by the Oregon Racing Commission. Staff includes horse owners, bettors and industry professionals that have been involved in advance deposit wagering and simulcasting since their inceptions. PTC has developed a business model that benefits the players, the horsemen and the race tracks, while offering an extensive racing menu where customers can wager on over 200 Thoroughbred, Harness and Greyhound race tracks.

The post PointsBet Moves Into U.S. Horse Racing Market With Purchase Of Premier Turf Club ADW appeared first on Horse Racing News | Paulick Report.

Source of original post

Hawthorne Opens Sportsbook with PointsBet

Hawthorne Race Course and PointsBet have been approved by the Illinois Gaming Board to open the state's first off-track and non-casino sportsbook beginning Jan. 27. The newly remodeled Club Hawthorne in suburban Crestwood is part of Hawthorne's off-tracking betting (OTB) network, and is the first of three such OTB locations that will open under Illinois' sports betting law.

“Hawthorne is the only gaming company in the Chicagoland area that is able to open sportsbooks at off-track and non-casino locations, so this is an opportunity on which we focused a lot of energy and investment,” said Tim Carey, president and CEO of Hawthorne Race Course. “We completely remodeled the space to create the best sports viewing and sports betting destination in the State.”

The PointsBet Sportsbook at Club Hawthorne will also feature exclusive retail-only betting promotions and sweepstakes. Current health safety protocols provide for limited seating capacity which will be available on a first-come, first-serve basis; however bet-and-go services for cash wagering are available. The sportsbook will open from 12 p.m. to 10 p.m. on weekdays and 10 a.m. to 10 p.m. on weekends.

The post Hawthorne Opens Sportsbook with PointsBet appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

Source of original post

PointsBet Becomes Official Betting Partner With NBC Sports

NBCUniversal and PointsBet announced a multi-year partnership by which PointsBet becomes the official sports betting partner of NBC Sports. As part of the agreement, NBC Sports will provide PointsBet with year-round, multi-platform media and marketing opportunities across its unmatched portfolio of events. Included among the new agreement:

PointsBet will be incorporated in exclusive multiplatform gameday integrations across the eight NBC Sports Regional Networks, which are the exclusive regional homes to MLB, NBA and NHL teams, and deliver more than 2,200 live sporting events.
Exclusive PointsBet odds integrations will be incorporated into Rotoworld, NBC Sports’ fantasy and sports betting digital property which has been a market leader for two decades.
PointsBet features full Spanish-language functionality, and will reach Hispanic sports fans via Telemundo Deportes and Telemundo broadcast stations.
PointsBet will be the exclusive provider of odds, props and trends for NBCSN and GOLF Channel and their digital properties.

Additional terms of the agreement are available here.

The post PointsBet Becomes Official Betting Partner With NBC Sports appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

Source of original post