AmTote Lands Woodbine Entertainment Contract

Edited press release

AmTote, a wholly-owned subsidiary of Magna Entertainment Corp., has entered into a tote service agreement with Woodbine Entertainment Group in Canada. 

AmTote Canada will be the tote service provider to WEG for 10 years beginning in 2008 commencing January 2008. Financial terms weren’t disclosed.

“We are thrilled to enter into a new business relationship with Woodbine Entertainment Group, one of the most prominent players in the horse racing industry,” said Steve Keech, president of AmTote International. “We look forward to providing patrons of WEG with an unsurpassed pari-mutuel wagering experience as we continue to expand our portfolio of customers worldwide. This transaction represents an exciting growth opportunity for AmTote.”

“AmTote's new leadership and focus on innovation is well aligned with our vision, and we look forward to our long-term technology partnership,” said Sean Pinsonneault, vice president of wagering services for WEG.

AmTote, headquartered in Hunt Valley, Md., is a global provider of tote and wagering technology. AmTote currently has service contracts with more than 70 customers worldwide, including North American and international racetracks, sports books, and online wagering entities.

 

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