Sportech has revealed its Kentucky Derby round up, which saw the international betting technology business record a busy day as Justify triumphed in the 144th running.
Sportech revealed that $66 million in betting turnover was processed on the day, via more than 13 thousand active windows at over 280 North American customer locations.
Tote ticket sales totalled $47m, “accounting for approximately 30% of the total Derby card turnover generated by off-track channels not affiliated with the host track, Churchill Downs.”
The firm also released figures regarding its Connecticut operations, with it revealed that its Winners retail brand, and MyWinners.com web and mobile channel, beat their single day turnover record.
Reporting that fans wagered $4.3m on the day of the Kentucky Derby, Connecticut players also took home $2.9 million in winnings.
Andrew Gaughan, Sportech CEO, said, “An incredible amount of development, planning, and preparation goes into ensuring our customers and clients have a successful experience every day but especially on really big race days like the Triple Crown events.
“I applaud our team of over 600 in the U.S. who pulled together to deliver a winning experience on Saturday.”
The news comes before the group brought in Thomas Hearne as new chief financial officer, ending its lengthy search process and coming a short time after a US focused approach was outlined in its FY2017 results.
With a streamlining of the Sportech UK corporate cost base detailed, which sees senior management make the move to North America, Hearn is to be placed at the firm’s Toronto office alongside Group CEO Andrew Gaughan.
Regarding the new appointment, Gaughan commented: “We are pleased to have secured Tom’s talent to the Group. His experience in the fields of digital technology and sports media, and his long track record of driving growth, increasing profitability, and executing successful M&A transactions, perfectly aligns with our commitment to deliver transparent financial reporting and tangible growth for our shareholders.”
Officially taking up his duties on May 14, the seasoned sports-related digital media and technology executive joins from theScore Inc, a digital media spin-off from Score Media Inc, and he stated: “I am very happy to be joining the Sportech Group and I look forward to working closely with Andrew, the Sportech Board, and Senior Management to deliver on core objectives and maximise the potential of the Company’s opportunities.”
