Sydney, May 3, 2017 AEST (ABN Newswire) - The Board of TopBetta Holdings Limited (ASX:TBH) ("TopBetta" or the "Company") is pleased to provide the following update on The Global Tote Limited, TopBetta's Alderney-based subsidiary ("TGT").

HIGHLIGHTS

- The Global Tote launches across Australian and International Gallops, Greyhounds and Harness meetings

- The Global Tote launches its new website globaltote.com

The Global Tote

The Global Tote - TGT's International wholesale tote - launched this week and is now available to all licensed wagering operators globally.

Licensed in Alderney, UK, The Global Tote is the world's first wholesale only tote available exclusively to any licensed wagering operator, including on-course bookmakers, corporate bookmakers, retail tote operations and Advance Deposit Wagering operations from anywhere around the world.

Licensed wagering operators can now utilise The Global Tote liquidity, low-risk platform and odds service to offer a bigger range and more competitive range of products to their customers on gallops, harness and greyhound fixtures around the world.

It is expected the roll out of products and events will continue to grow through May culminating in a full suite of racing products over the coming months.

The Global Tote information, including current and upcoming race fixtures, live prices and results, will be available at http://www.globaltote.com

Topbetta's CEO, Todd Buckingham said:

"This will be a fantastic opportunity for bookmakers to utilise The Global Tote to enable them to offer better products to their clients. The Global Tote has been designed to put the punter first and enable operators around the world to offer low-risk products - meaning more competitive offerings for clients - across more events across more regions."


About Topbetta Holdings Ltd

TopBetta Holdings Limited ASX TBHTopBetta Holdings Limited (ASX:TBH) is licensed to conduct race wagering and sports betting under the Bookmakers and Betting Exchange Act 1998 (Northern Territory).

The Company has built proprietary technology platforms that combine an online racing and sports wagering offering with a fantasy wagering platform and enables sports fans to compete against each other via online tournaments.

     


Contact

Charly Duffy
Company Secretary
E: companysecretary@topbetta.com
T: +61-409-083-780

Jane Morgan
Investor & Media Relations
E: investors@topbetta.com
T: +61-405-555-618



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