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Global Pari-Mutuel Services, Inc. Launches Product with UNO Race & Sports in Mexico
 Message was posted: 11:00 Feb 27th, 2007     
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Global Pari-Mutuel Services, Inc. Launches Product with UNO Race & Sports in Mexico
CARSON CITY, Nev.--(BUSINESS WIRE)--Global Pari-Mutuel Services, Inc. announced that its wholly owned subsidiary, Royal Turf Club, Antigua (RTCA), has launched its product with International de Entretenimiento y Apuestas Deportivas (IDEA). IDEA operates under the name UNO Race & Sports, a company with off-track wagering parlors in Mexico.

Under the terms of the agreement, Global Pari-Mutuel will provide hub and simulcast services, as well as track content to IDEA for pari-mutuel wagering on horse and greyhound racing events in the U.S. and/or racetracks outside of the U.S.

“We are excited to sign this agreement with IDEA,” said Jim Egide, Chief Executive Officer of Global Pari-Mutuel. “Pari-mutuel wagering is currently the only legal form of online wagering in the U.S., and we believe there is a significant market for our wagering product. We consider this contract a first step toward a worldwide rollout of our proprietary platform.”

Following the signing of the agreement between Global Pari-Mutuel and IDEA, the product was launched on February 24. The agreement is for an initial 12-month term.


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