Pmu Enters Brazil

By Casinomeister, Last updated Oct 9, 2015

New era for Brazilian horse racing

French operator Pari Mutuel Urbain (PMU), in collaboration with France Galop and LeTrot, has entered into a joint venture with the Jockey Club Brasileiro (JCB) for the advancement of horse racing in the country.
Through a newly created subsidiary, PMU Brasil, PMU will operate horse race betting on behalf of the JCB, including marketing in retail outlets, online and telephone betting and live streaming opportunities.
Hurstel Xavier, president and chief executive officer of PMU said last week the arrangement will revitalise and enhance Brazilian horse racing.
"Through this partnership with PMU, we are entering a new era for horse racing in Brazil. I am convinced that the PMU, with its expertise and as world's 3rd largest operator, will bring a more professional approach to the management of horse race betting in our country," said Carlos Palermo, president of the JCB.
"For JCB, this agreement will allow the transfer of know-how with the formation of Brazilian teams and new resources for the development of local betting."

Online Casino News Courtesy of Infopowa

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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophotography.
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