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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 Broadens Its Base With Piece of AmTote

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.

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