Online horseracing firm taking advantage of UIGEA carve-outs to offer US wagering content over the Internet.
Tuesday 19th August 2008
American horseracing wagering site BetAmerica.com has launched a new online betting service that it stated would make it ‘even easier to watch and bet on horse races’.
BetAmerica.com is the online race wagering service of Horse Race North Dakota and its new service is taking advantage of the carve-outs granted to horseracing under the Unlawful Internet Gambling Enforcement Act (UIGEA) of 2006 to offer thoroughbred, quarter horse and harness wagering content from racetracks around the globe with money rewards.
The North Dakota-based firm stated that it went inside the ranks of American pari-mutuel account betting services with its new service, which is licensed and ruled by its home state. The company revealed that it co-mingles all wagering into the US host track pools and has a confirmed track documentation of processing over $200 million in pari-mutuel wagers. It holds more than 80 racetracks and operates with other licensed pari-mutuel services including TwinSpires, XpressBet and Youbet.
'With our latest Internet based betting system, BetAmerica.com is making it even easier to watch and bet on horse races,' said Ken Lien, Chief Executive Officer for parent firm Lien Games Racing.
'BetAmerica.com provides free video for every associate, no bet or subscription fees and, most notably, money awards based on the entire dollar bet on our selected BetAmerica Bonus Tracks.”
'Additionally to our racing merchandise, we are going to also be holding out fresh and thrilling competitions and tournaments throughout the approaching months,' said Jared Alexander, spokesperson for BetAmerica.com.
'We are sure that by recreating what online racing and gaming is in North America we are going to be able to increase the player base and draw users away from the abroad bodies. It's not about offering the same merchandise in a different place, it's about improving and innovating the whole experience for the player.'
American horseracing wagering site BetAmerica.com has launched a new online betting service that it stated would make it ‘even easier to watch and bet on horse races’.
BetAmerica.com is the online race wagering service of Horse Race North Dakota and its new service is taking advantage of the carve-outs granted to horseracing under the Unlawful Internet Gambling Enforcement Act (UIGEA) of 2006 to offer thoroughbred, quarter horse and harness wagering content from racetracks around the globe with money rewards.
The North Dakota-based firm stated that it went inside the ranks of American pari-mutuel account betting services with its new service, which is licensed and ruled by its home state. The company revealed that it co-mingles all wagering into the US host track pools and has a confirmed track documentation of processing over $200 million in pari-mutuel wagers. It holds more than 80 racetracks and operates with other licensed pari-mutuel services including TwinSpires, XpressBet and Youbet.
'With our latest Internet based betting system, BetAmerica.com is making it even easier to watch and bet on horse races,' said Ken Lien, Chief Executive Officer for parent firm Lien Games Racing.
'BetAmerica.com provides free video for every associate, no bet or subscription fees and, most notably, money awards based on the entire dollar bet on our selected BetAmerica Bonus Tracks.”
'Additionally to our racing merchandise, we are going to also be holding out fresh and thrilling competitions and tournaments throughout the approaching months,' said Jared Alexander, spokesperson for BetAmerica.com.
'We are sure that by recreating what online racing and gaming is in North America we are going to be able to increase the player base and draw users away from the abroad bodies. It's not about offering the same merchandise in a different place, it's about improving and innovating the whole experience for the player.'