Hawthorne partners with Virtual Software to create new pari-mutuel offer
Summary
“Racing fans across North America will be able to wager Hawthorne Virtual as it is available to all tote systems in the US via distribution through AmTote International’s Spectrum wagering system which enables us to create a brand new risk-free revenue stream.” While legacy virtual racing products are based on an RNG format (random number generator), Virtual Live Racing’s products are based on anonymized and encrypted data from real-life thoroughbred, harness and greyhound races. According to the firm the switch represents a huge leap forward and a first in the USA and internationally. It follows Derby Lane, Tampa Bay Downs, and Palm Beach Kennel Club in Florida, and we have two more tracks that are currently undergoing testing before being launched later this month. “Our Virtual Live Racing product offers a no-cost, risk-free, revenue stream opportunity to racetracks all over the world. Racing is going through a tough time and tracks should embrace new products which can offer them income, and promote their tracks to a global audience.” The Virtual Live Racing product is available to all tote systems in the US via distribution through AmTote International’s Spectrum wagering system, which enables tracks to accept wagers from players and create a brand new risk-free revenue stream.