AmTote International Press Release

May 7, 2013 AmTote International Press Pelease

 
AmTote and NYRA Seal Tote Deal
 
Hunt Valley, MD- AmTote and the New York Racing Association (NYRA) have executed a long-term contract for Totalisator services at the iconic NYRA racetracks of Saratoga, Belmont Park and Aqueduct as the result and conclusion of a year-long selection and regulatory approval process. 
 
AmTote will deploy its Spectrum™ system software, terminal hardware, and multiple associated platforms on September 3, 2013 at Belmont and Aqueduct, which is immediately after the conclusion of the Saratoga meeting.   

 

 
The terminal deployment of approximately 1,800 units will feature AmTote's F3000e "flip" terminal which provides self-serve and teller operations in one convertible design.  Also to be deployed at all NYRA facilities is the V3000e self-service terminal which will service on-site cash and account wagering.  In select VIP areas AmTote will, for the first time, deploy dozens of wireless tablet PC units featuring an embedded wagering interface.
 
AmTote's on-track mobile wagering product,  MBet™, along with NYRA's other mobile and wireless capabilities will create a seamless account wagering environment at the tracks and throughout the highly successful NYRA Rewards platform.
 
Steve Keech, AmTote President, said, "On behalf of The Stronach Group, AmTote is honored to partner with a global market leader in Thoroughbred racing.  We take very seriously the responsibility and privilege of operating the NYRA wagering environment and welcome the start a very important relationship for our company."  
 
David O’Rourke, NYRA VP of Corporate Development added, "After reviewing the proposals and details from multiple tote providers, including our current vendor,   we believe that AmTote is the clear choice for NYRA and for our fans, and we are excited to be moving ahead with deployment.”
 
The contract was awarded to AmTote as a result of an RFQ issued in March 2012.  The NYRA Board of Directors approved the process and agreement on April 11, 2013 and the New York State Franchise Oversight Board approved the agreement four days later.  A final regulatory review was completed WHEN? by the newly formed New York State Gaming Commission.
 
About AmTote- AmTote International, Inc. (AmTote.com) is a privately held technology services company based in Hunt Valley, MD. Wholly-owned by The Stronach Group, AmTote develops software, manufactures hardware, and operates systems for pari-mutuel and fixed odds wagering operators around the globe and Internet.  Its major customers include, among others, NYRA, Gulfstream Park, Maryland Jockey Club, Woodbine Entertainment Group, Oaklawn Park, Tabcorp, and Phumelela Gaming & Leisure.  Additionally, AmTote is the technology supplier for the pari-mutuel based game called Instant Racing®.