BetMakers Technology Group

BetMakers Technology Group will add racing content from Hollywood Casino at Penn National Race Course to the growing slate available for fixed odds betting on MonmouthBets, the organization said in a release early on Wednesday morning. Through an exclusive license, the agreement between Penn National's parent company PENN Entertainment and BetMakers facilitates the delivery of content for fixed odds betting from Hollywood Casino and anticipates the addition of other PENN Entertainment racetracks in the coming months pending required horsemen and racing commission approvals. "We are very happy to work with...

Fixed odds wagering at Monmouth Park last year didn't exactly break sharply from the gate. In its first run, it was available only on Monmouth races and, initially, only to on-track customers. A website that took fixed odds bets did get up and going during the meet, but regulations that would allow for bettors living outside of New Jersey to bet on fixed odds never did materialize. Handle figures were never made public, but it appeared that fixed odds accounted for only a small percentage of Monmouth's total handle. Yet,...

BetMakers Technology Group Ltd has named Christian Stuart its Chief Executive Officer of North America. Stuart has previously held multiple executive leadership positions with Caesars Entertainment Inc., the largest gaming company in the U.S. "We have been investing heavily in the U.S. market for the past three years while at the same time building up a U.S.-focused management team," said Todd Buckingham, BetMakers' Group CEO and Managing Director. "As a next milestone in these efforts, I am excited that Christian is joining the BetMakers leadership team as CEO of North...

BetMakers Technology Group has been named the official fixed-odds partner of the 100th Fasig-Tipton Saratoga Sale. Australia-based BetMakers Technology Group ("BetMakers") provides critical solutions in technology, data and development to the global racing and wagering industry, spanning both fixed odds and pari-mutuel markets. With the 2021 acquisition of Sportech Racing, a leading global supplier of pari-mutuel technology solutions, BetMakers has created the world's leading technology provider for racing services with a presence in over 40 countries and 35 US States. Fasig-Tipton President and Chief Executive Officer Boyd Browning commented: "BetMakers...

Fixed Odds wagering will be available at Monmouth Park in the coming weeks after Gov. Philip Murphy signed legislation Thursday approving the new bet, with implementation awaiting regulatory approval from the New Jersey Racing Commission and the Division of Gaming Enforcement. Monmouth Park, working in conjunction with BetMakers Technology Group, will be the first racetrack in the country to offer Fixed Odds wagering, a popular bet in Europe and Australia. "We appreciate the continued support from Gov. Murphy and the state legislature, as well as Assembly Speaker Craig Coughlin and...

BetMakers Technology Group, in partnership with Monmouth Park, will sponsor a $1-million bonus to a horse that sweeps this year's GI TVG.com Haskell S., GI Runhappy Travers S. and the GI Breeders' Cup Classic. Authentic (Into Mischief) earned the inaugural bonus, which, due to the pandemic, included the Haskell, GI Kentucky Derby and Breeders' Cup Classic. "We're thrilled to sponsor the BetMakers Bonanza again after the enormous effort by Authentic last year," said Dallas Baker, BetMakers' New Jersey-based Head of International Operations. "We're fully committed to supporting the U.S. racing...

Fixed Odds wagering moved a step closer to becoming a reality during the upcoming Monmouth Park meet after the New Jersey State Assembly approved a bill on Thursday by a 74-0-1 vote that would permit the new betting platform. The bill now moves onto to the State Senate and if successful would then go to Gov. Phil Murphy for a signature. Monmouth Park's 76th season gets underway Friday, May 28. "This is an exciting new wagering opportunity for our fans and we're grateful for the support from our legislators and...