Racing and Sports is excited to announce it has signed a three-year deal with Racing and Wagering Western Australia. Highlights: -Three-year deal signed with Racing and Wagering Western Australia for RAS to supply market-leading racing content for TABtouch's international racing offering. The deal also includes two additional one-year options. - RAS is contracted to receive $1.16 million plus indexation over the initial three-year term, with an additional $772k plus indexation to be received upon the exercise of the optional two one-year options (potential total contract value in excess of $1.93 million). - RAS will provide TABtouch with its market-leading analytics, predictive models, race overviews and other premium content for all Tier 1 international racing jurisdictions, replacing an incumbent supplier. - The deal represents an important extension of the existing relationship – which until now has included digital advertising and support with integrity monitoring technology and paves the way for further commercial partnerships to be explored. - The new agreement is in the Enhanced Information Services business segment, which given RAS’s extensive capability and scale is the highest margin of the Company’s offering. - The Company's pipeline remains robust as it continues to experience strong demand for market-leading content and data solutions from operators, in the backdrop of globalisation within the industry. Commenting on the significance of the RWWA international content deal, RAS CEO Stephen Crispe said: "We are excited to be working with TABtouch and look forward to partnering with them to strengthen their offering to punters to increase engagement. We will continue to work with them to explore new opportunities for innovation and enhancing the customer experience.” "The quality of content, analytics, and tips provided to customers has a proven link to drive turnover. Racing is a 24-hour business with race meetings held in nearly every continent most days of the year. It is important for Australian punters that they have access to detailed form, analytics and tips for these international meetings to provide informative insights in order to wager with confidence.” Stephen Crispe Gary Crispe Tim Olive Alex Steedman
Defence Contractor
10moRacing and Sports Pty Ltd going from strength to strength.