Scientific Games powers Churchill Downs wagering service
NEW YORK – (PRESS RELEASE) -- Scientific Games (Nasdaq: SGMS) is providing an Internet wagering platform, telephone betting technology and associated tote services for the new advance deposit wagering service ("ADW") TwinSpires, operated by Churchill Downs Technology Initiatives Company, a wholly owned subsidiary of Churchill Downs Incorporated (Nasdaq: CHDN).
Launched today, TwinSpires uses the Scientific Games Racing TrackPlay(TM) wagering system, and its data will flow through the Scientific Games Quantum Data Centers. The TrackPlay wagering system and Scientific Games' associated technologies and services have been designed and engineered to fully comply with all applicable laws, including laws regarding ADW and Internet and telephone pari-mutuel wagering on horse racing.
"With almost 90 percent of racing handle now being wagered off-track, much of the future growth of racing lies in the application of Internet wagering tools. I can't think of a better way to introduce the new TwinsSpires account- wagering site than with the world's most famous race - the Kentucky Derby," said Lorne Weil, Chairman and CEO of Scientific Games.
Churchill Downs 2007 spring racing season is highlighted by the Grade I Kentucky Derby Presented by Yum! Brands on May 5 and the Kentucky Oaks on May 4. Customers can get detailed information about the many services offered and sign up for their own accounts at www.twinspires.com or by calling 1-877-SPIRES1.
"We have completed the testing of the TwinSpires site and have been delighted with results we have obtained using the Scientific Games Racing TrackPlay and Quantum systems," said Vernon Niven, executive vice president of technology initiatives for Churchill Downs Incorporated and president of TwinSpires. "Scientific Games Racing was the clear choice to provide our Internet solution, and, in cooperation with our TwinSpires team, brought our system online in record time."
