Sportech has announced that it has signed a new multi-year deal with the UK Tote Group for licences and services.
The expanded relationship will ensure that Sportech continues to supply pool betting technology and facilities through its Quantum Scheme, which underpins the betting of Tote ‘s domestic pools.
The Quantum system will also allow the UK Tote to significantly deepen its pool volumes during its schedule, featuring global racing content.
Richard McGuire, Chief Executive Officer of Sportech, commenting on the deal, said: “As announced at our Interim Results in September, extending client relationships is a key strategic initiative to help drive incremental growth at Sportech and we are delighted to extend our relationship with the Tote and solidify our work with their progressive team.
“The Tote is setting incredible new standards of innovation in pools betting, both domestically and globally, and we will continue to provide the foundations on which they build.”
The UK Tote clarified earlier this year that the use of Sportech ‘s Quantum System to expand its international-level combining capabilities was a key priority for its ongoing product growth.
The Quantum Method is also the mechanism within which, in collaboration with the Hong Kong Jockey Club, the Tote and its partners deliver the international ‘Tote Superpools.’
Mark Kemp, UK Tote Group’s Managing Director, added: “Sportech continues to provide stable, large scale global technology and software services, supporting the product innovation and development for our UK and International Tote growth plans.
“We are pleased to be continuing our relationship with Sportech and look forward to their ongoing excellent support of our mission, to innovate and grow pool betting across the world.”