PHANTOM SIGNS MOBILE DEAL WITH UNITED

14 December 2007

Full information and betting facilities will be provided to Youbet.com subsidiary


Youbet.com subsidiary United Tote has signed a multi-year agreement with Phantom Fiber Corporation to deliver a mobile phone wagering solution fully integrated with the totalisator systems used by UT customers.

The mobile service, which can be delivered on a wide variety of cellular phones, will let players view race programs, place wagers, manage their accounts and view historical transactions.

The two companies demonstrated a prototype of the new service at the Symposium on Racing and Gaming in Tucson recently (see previous InfoPowa report) under the auspices of the University of Arizona’s Race Track Industry program. The product is expected to be deployed by the end of the first quarter of 2008.

United Tote will deliver the mobile service alongside its current suite of pari-mutuel wagering products, including its EnterBet wagering software. Wagers through the new mobile platform will be merged with host tote systems and subject to jurisdictional oversight. Phantom Fiber’s proprietary mobile platform supports more than 1 500 devices.

"The alliance with Phantom Fiber furthers Youbet’s strategic effort to deliver on-demand pari-mutuel wagering services that rely on modern technology to connect with a whole new generation of customers,” said Jeff True, President of United Tote. “This step makes the wagering interface completely portable. So, it’s a logical extension given the evolution and growing popularity of mobile applications.”

United Tote designs, manufactures, and operates pari-mutuel wagering systems for more than 150 racing companies and numerous OTB facilities in North America and around the world. The company, established in 1959 and acquired by Youbet.com, Inc. in 2006, is recognized as the technology leader in open architecture network hub systems, terminal products and wagering applications. UT systems and terminals process more than $7 billion annually in global pari-mutuel handle.

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