The UK Tote Group has announced that it has signed a multi-year agreement with Sportech, a company specializing in international betting technology. The international deal will enable the Tote Group to utilize Sportech’s Quantum software on their sportsbooks such as Totesport to access horseracing and other sporting pools from across the globe.
In addition to the commingling agreement, the deal also represents a formal handover of the proprietary digital platform that was developed jointly by Sportech over the last year. The new platform gives UK Tote Group access to the most advanced digital technologies and innovations on a cloud-based solution.
Alex Frost, the Chief Executive of UK Tote Group, explained: “This agreement with Sportech demonstrates further commitment to our international development plans and a desire to see our pools betting operation lead the way in technological innovation to help grow betting on horseracing around the world.”
Richard McGuire, the Chief Executive of Sportech, further commented that his company was very invested in the Quantum global ecosystem and improving the quality of its international businesses. According to him, the global market for pool betting is in excess of $100 billion and the UK Tote Group has an impressive team with ambitious plans, so Sportech is looking forward to supporting its initiatives.