United Tote Inks Pari-mutuel Settlement Services Deal with Running Aces

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FOR IMMEDIATE RELEASE                                                       
Contact: Vic Harrison, Senior Director of Sales, United Tote
#502-636-4400

 

LOUISVILLE, KY. (June 3, 2015) – United Tote, a leading supplier of pari-mutuel accounting services, totalisator systems, equipment and technology that processes wagers and payouts at facilities worldwide, is pleased to announce a new partnership with Running Aces Harness Park, a premier harness racing venue in the upper Midwest.

United Tote just completed the first full month of settlement services including full collections and invoicing services for the harness facility in Columbus, Minn.  Running Aces joins a growing roster of United Tote settlement customers including many leading industry players like Canterbury Park, Twinspires.com, Oaklawn Park, Indiana Downs, Capital District Regional OTB and the Churchill Downs Inc. tracks of Arlington, Fairgrounds and Churchill Downs.  United Tote’s settlement services team has settled more than $2.2 Billion U.S. dollars of related pari-mutuel handle so far in 2015.

Vic Harrison, United Tote’s Senior Director of Sales, stated, “I’m delighted that Running Aces management elected to join the family of United Tote settlement customers.  Many racing companies are seeing the value of greatly simplifying what can be a very complicated aspect of our industry, allowing them to focus their resources on more value added aspects of racetrack operations.”

Ben Blum, Running Aces’ Director of Mutuels and Simulcasting, added, “We selected United Tote settlement services for their comprehensive settlement service’s package and the strength in numbers we enjoy being grouped along with the other United Tote settlement members with respect to collections.”

This news comes only one month after the success of United Tote’s software and services team running the record breaking 141st Kentucky Derby, where its software system as the tote host processed $194.3 million US dollars of wagering on a single event.

ABOUT UNITED TOTE

United Tote, wholly owned subsidiary of Churchill Downs Incorporated, is a leading supplier of totalisator systems, services and equipment, pari-mutuel settlement services, and technology that processes wagers and payouts, and is a provider of pari-mutuel tote services to racing operations such as leading racetracks Arlington International, Churchill Downs, Keeneland, CanterburyPark and The Fairgrounds. United Tote designs, manufactures and operates pari-mutuel wagering systems for more than 150 racing companies and numerous OTB facilities in NorthAmerica and around the world.  Each hardware and software component, while a leader in its own right, was developed for deployment as part of a comprehensive wagering system to increase player satisfaction, attract new customers and decrease the costs of operation.

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