AUSSIE SYSTEM FOR KIWI HORSERACING BOARD
23 October 2009
Jetbet system to be replaced by NZ$ 5 million
Typhoon
The New Zealand Racing Board is to install a new,
state-of-the-art Australian-designed betting system
called Typhoon to replace the TAB's ageing Jetbet system
by December 2010, chief exec Andrew Brown announced this
week.
Brown claimed that the new betting engine
would enable the organisation to drive revenue growth
for the racing industry and grow its contribution to GDP
beyond the current 1.3 percent.
"Jetbet is nearly
28 years old, which is ancient in technology terms,"
Brown commented. "It was launched in January 1982 - the
same year as the Commodore 64 computer.
"The move
to a new system is long overdue and I'm delighted that
we're building a platform from which we can launch so
many more products and services quickly and efficiently.
"Typhoon enables us to be much more agile and
responsive in meeting our needs and those of our
customers," he added.
Expanding on the new
system, Brown detailed its advantages:
* More
betting events, including more race meetings and sports
betting options. (The TAB cannot offer betting on some
major international races because of the limitations of
Jetbet).
* Better customer service and easier
processing of bets - benefitting the TAB's agents and
customers.
* Greater real time visibility and
reporting that will enable improved management of any
problem gambling issues.
* Improved systems for
better decision making by the NZ Racing Board management
through real time reporting.
* Ability to
introduce new products and enhance existing ones much
more quickly and efficiently.
"We've done lots of
research worldwide and this is the best and most
cost-effective solution," said Brown. "It is a NZ$5
million investment in a system that will enable strong
growth for the next 10-15 years."
The Racing
Board chief said that along with a fast and reliable
service, Typhoon would significantly improve the TAB's
capacity to compete against offshore operators, who
return nothing to New Zealand racing or sports or to the
New Zealand economy.
Typhoon is a product of
Media and Gaming, an Australian company. Managing
director Nicholas Plowman said the deal between the two
organisations will result in a commercial and technology
based partnership, which will ensure the NZ Racing Board
can take a market leading position in an increasingly
competitive global entertainment market.
Plowman
said Typhoon will enable the NZRB to respond to customer
demand and will help grow new revenues for the racing
codes, clubs and New Zealand sport.
Typhoon was
designed and developed by father and son team, Arnold
and Greg Kopff. Arnold was a member of the 1975 team
which created the world’s first sell-pay totalisator
system. In 2006 he partnered with Media and Gaming to
commercialise the system, which recently won the AIIA
2009 iAward for Innovation.
Online Casino News Courtesy of
Infopowa
More news here.
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