Settlements

Contact Vic Harrison
Phone: +1 (502) 394-1165
email: sales@unitedtote.com

United Tote provides a full suite of Settlement Services:

Data Validation

  • Interface with and receipt of daily totalisator ("tote") files from tote providers
  • Handle / wagering validation - daily reconciliation of data feeds to tote reports
  • Host fee rate reconciliation

Reporting

  • Standardized reporting of revenues and liabilities
  • Customized reporting options - by track, day, race, pool, etc.
  • Aging reports and outstanding balance reports
  • Host fees per track

Simulsettle™ Software

  • 24 / 7 web-based proprietary software access -- www.simulsettle.com
  • Secure log-in ensuring privacy of information
  • Access to all reporting
    Provides direct access for updating of simulcast partner contact and address information

Customer Invoicing and Collections

  • Automated invoicing of money room and host fee settelements
  • Trained, experienced and knowledgeable staff provide full collections support
  • Follow-up reconciliations directly with simulcast partners
  • Timely response to inquiries and discrepancy resolution with simulcast partners
  • Reduce collection risk through net settlement with other CDI settelement customers
  • Ability to collect funds through ACH, wire transfer or check