The Board of Directors of Racing Commissioners International voted Wednesday to partner with some of the leading technology suppliers for independent monitoring systems to provide a national monitoring service and database for pari-mutuel wagering.
The company, to be known as RCI Integrity Services, will be a strategic partnership between RCI, ESI Integrity, and Monitor Technology. Under a business plan reviewed by the RCI Board, monitoring services will commence during the second quarter of 2006 with monitoring and database services to be provided to wagering system operators and regulators.
"It's time to stop talking and start doing," said RCI president Ed Martin, noting that previous attempts to create such a system have failed to achieve a consensus of the various racing industry trade associations. "We have the talent, we have the expertise, and we have a desire to do something everyone in the racing industry has said needs to be done and to do it right."
Ted Connors said the key players in this endeavor upon formation in January would be Martin, Alan Ahac of ESI Integrity, and Isidore Sobkowski through his affiliation with MTI.
ESI Integrity and MTI will be the key technology providers to the company. ESI is imminently experienced in this area, having supplied licenses to more than 40 monitoring systems worldwide. Specific to the pari-mutuel wagering market, ESI monitor systems monitor -in real time- every wager passing through a tote system in Canada as well as every pari-mutuel wager in Florida.
The current Integrity System provides fundamental capabilities for compiling, monitoring, auditing, and alerting for wagering applications. However some of the more complex forms of fraus require the ability to monitor trends and patterns. RCI Integrity services will offer a new module for this purpose developed by the ESI-MTI tean- Monitor Plus- a proven advanced artificial intelligence-based system for pattern analysis, and automatic rules detection and generation.