Keyword: RaceTech

  • Instant Racing Handle Nears $100M Mark

    RaceTech, the company behind Instant Racing, expects to top the $100-million mark in total handle sometime this year. Instant Racing--basically pari-mutuel video lottery terminals--went online early in 2000 at Oaklawn Park and Southland Greyhound Park in Arkansas.

  • Magna Pulls Instant Racing Machines in Oregon

    In a surprise move in Oregon, Magna Entertainment Corp. has removed the Instant Racing machines that were installed earlier this year at its two tracks, Portland Meadows and Multnomah Greyhound Park.

  • Magna Broadens Its Base With Piece of AmTote

    Less than a week after the National Thoroughbred Racing Association released a report that recommended upgrades in wagering technology and a streamlining of tote systems in the United States, Magna Entertainment Corp. acquired a 30% equity and voting interest in AmTote International for $3.82 million.

  • Instant Racing Gets OK for Use at Wyoming Facilities

    Instant Racing, launched in Arkansas three years ago, was approved for use at pari-mutuel facilities by the Wyoming Racing Commission July 11. The devices, which resemble video lottery terminals but are linked to pari-mutuel pools, will first be installed at an off-track betting parlor operated by Wyoming Downs.