PariMAX Holdings, LLC Signs a New Long Term Agreement with Wyoming Downs

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PariMAX Holdings, LLC, (“PariMAX”), and its technology and services provider AmTote International Inc. (“AmTote”), both wholly owned entities of The Stronach Group, are pleased to announce that PariMAX has entered into a new long term agreement with Wyoming Downs, LLC (“Wyoming Downs”).  With this new agreement, PariMAX will continue to provide its ever growing library of products for pari-mutuel wagering on historical horse races to all Wyoming Downs locations throughout the State of Wyoming.

PariMAX products deployed at Wyoming Downs have continued to set month over month handle records, both growing the market and Wyoming Downs’ share of that market, with the March 2018 handle approaching 25 million dollars being an all-time high for Wyoming Downs’ historical horse racing business.  This growth and success not only continues to fuel horse racing operations and associated jobs in Wyoming, but also directly pays back a “host track fee” as a percentage of every wager to the host track operators whose historical racing content is being utilized. 

Keith Johnson, President of PariMAX and AmTote, commented “We are absolutely thrilled and thankful to extend our great symbiotic relationship with Wyoming Downs.  Wyoming Downs, PariMAX, and AmTote have continued to collaborate and innovate in this space, aggressively responding to continued market demands for compelling wagering experiences and the technologies that drive them.  Together we are proving that truly innovative products and marketing, leveraging fully pari-mutuel wagering and horse racing content, can succeed in growing the market for the benefit of the horse racing industry.” 

About PariMAX Holdings, LLC

PariMAX Holdings, LLC is a wholly owned subsidiary of The Stronach Group, powered by AmTote International Inc.’s proprietary historical horse racing content and data management technology. The PariMAX™ platform enables race tracks to monetize their historical racing content via casino style pari-mutuel historical horse racing games, traditional wagering, and other unique cross-platform digital experiences.

 About AmTote International, Inc.

AmTote International, Inc. is a technology and professional 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 sites around the globe and on the Internet.  

About The Stronach Group

The Stronach Group is an industry leader in world-class horse racing, entertainment and pari-mutuel wagering technology. Within our portfolio of racing and gaming businesses, the Company holds some of the greatest brands in the industry including; Santa Anita Park, “The Great Race Place”; Pimlico Race Course, home of the legendary Preakness Stakes; Gulfstream Park, one of Florida's newest entertainment destination centers, and home to the $16-million Pegasus World Cup Invitational, the world’s richest thoroughbred horse race; Laurel Park; Golden Gate Fields; Portland Meadows; and Rosecroft Raceway. The Stronach Group is an industry leader in pari-mutuel technology through its subsidiaries AmTote and Xpressbet and is a major distributor of horse racing content to a global audience through Monarch Content Management. The award winning Adena Springs is the breeding and training facility of The Stronach Group with stables in Kentucky, Florida and Ontario. For more on The Stronach Group, visit www.stronachgroup.com.

 

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