Kiron Interactive and Sportech in Latin American deal
Virtual games specialist Kiron Interactive has struck a deal with Sportech Racing and Digital, a division of pools and sports betting operator Sportech, to supply virtual racing to racetracks across Latin America.
Under the deal, Kiron’s virtual racing products incorporated into Sportech Racing and Digital Quantum System wagering platform will be installed at various sites in order complement live on-course action.
An initial first-quarter roll out will take place in Peru, with installations at the Jockey Club Peru's racetrack and network of more than 80 off-track betting agencies.
The service will be extended to additional Sportech customers in Central and South America as the year progresses.
Virtual races will be distributed by simulcast from Sportech Racing and Digital's Quantum Data Center East in New Jersey, with wagers placed on the Sportech wagering platform at fixed odds.
The offering will initially include a schedule of daily races from two virtual race tracks.
“We're very excited to partner with Sportech Racing and Digital on this significant project for the Latin American market,” Kiron Interactive co-chief executive officer Steven Spartinos said.
“Based on initial indications, we're expecting a big take-up by race-goers and look forward to entertaining them with our popular products.”
Andrew Gaughan, president of Sportech Racing and Digital, added: "We are pleased to expand our Quantum System tote software to include this fixed-odds gaming option.
“The Latin American market is well suited for a product such as virtual racing, which can offer an entertaining and engaging betting experience when live racing may not be available.”
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