Tag Archives: UK Tote Group

UK Tote Group introduces ‘next-generation bet execution’ with Voxbet

UK Tote Group has signed an agreement with machine-learning technology platform, Voxbet, to introduce a direct betting functionality through the Viber messaging platform.  The platform allows sports bettors to ‘securely and accurately’ bet via a text message, described as a ‘next-generation bet execution’, having already grown in Asia, LatAm and Eastern European territories. The collaboration means that Voxbet Viber will …

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Tote launches Tote Guarantee across UK racecourses via Britbet deal

The Tote has signed an agreement with Britbet, enabling the company to offer the Tote Guarantee across the sports betting operator’s 55 racecourse partners. As a result of the partnership, the Tote Guarantee will be made available on-course at Britbet-affiliated racetracks for a trial period of three months until January 2022. However, the partners are ‘hopeful that a positive response …

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Martin Stevenson steps up to CEO at RMG

The Racecourse Media Group (RMG) has promoted Martin Stevenson to the position of CEO, with the former Finance Director bringing considerable accounting and media experience to the role. Stevenson joined RMG as Finance Director in 2007, and has since developed ‘deep and intimate knowledge’ of the company’s business and operations. “I am extremely excited and honoured to take up the …

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Tote secures £20m for new product roadmap beyond racing

A reformed UK Tote Group has raised a reported £20 million from existing shareholders to diversify its products and technologies beyond the firm’s legacy dependence on racing fixtures. Sky News ‘City Edition’ reported that Tote shareholders had agreed to back the firm’s new product roadmap, as the Tote eyes ‘an expansion into football betting to strengthen the company’s balance sheet’. …

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Sportech and UK Tote Group renew sports betting partnership

Sportech has confirmed that it has signed a new multi-year licensing and services contract with UK Tote Group. The extended partnership will assure Sportech’s continued delivery of pools betting technologies and services via its Quantum System, which underpins the Tote’s domestic pools betting. The Quantum system will also allow the UK Tote to significantly deepen its pool volumes, featuring global …

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John Williamson to oversee UK Tote Group’s international growth

TrueLayer

The UK Tote Group has confirmed the appointment of John Williamson, a director with extensive experience in Asia, as its Non-Executive Chairman from 1 September 2020. Williamson’s appointment is expected to bring “significant international business and financial expertise to the organisation”, and provide timely support for its ambitious growth plans just 10 months after its acquisition of the Tote, the …

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Sportech highlights new client wins under lockdown

Ahead of today’s AGM, Sportech Plc has issued a trading update,  informing investors of further COVID-19 pandemic impacts and countermeasures undertaken by the LSE-listed wagering technology group.  Updating investors, Sportech explained that it has implemented its pandemic cost-saving measures announced during March trading, based on its forecast scenario that global sporting events would be curtailed through to the end of …

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Royal Ascot generates ‘record number of transactions’ for SG’s OpenSports

Despite this year’s Royal Ascot taking place behind closed doors, Scientific Games reported a ‘record breaking’ number of account transactions across its OpenSports platform on the first day of the meeting. The sports betting technology provider recorded a 44% increase in the volume of bets placed on the opening day of the event when compared to last year. Meanwhile, there …

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Tote adds Superpools for all Royal Ascot races

Ahead of this week’s Royal Ascot (16-20 June), the UK Tote Group has confirmed that its Tote Superpools markets will be available for all 36 festival races. Tote Superpools offer pools that are combined with those from Hong Kong and other major racetracks, boosting prize pool liquidity for punters. The Tote has since outlined plans to expand Tote Superpools to …

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