The Board of BetMakers Technology Group Ltd (ASX:BET) (the “Company” or “BET”) is pleased
to announce that BetMakers DNA Pty Ltd (“BetMakers” or “BetMakers DNA”), the Company’s
wholly owned subsidiary, has formed a new commercial partnership with Racing Victoria
Limited (“Racing Victoria” or “RVL”), a leading Principal Racing Authority (“PRA”) in Australia,
to develop and commercialise a racing integrity platform to help manage RVL Integrity
requirements.
to announce that BetMakers DNA Pty Ltd (“BetMakers” or “BetMakers DNA”), the Company’s
wholly owned subsidiary, has formed a new commercial partnership with Racing Victoria
Limited (“Racing Victoria” or “RVL”), a leading Principal Racing Authority (“PRA”) in Australia,
to develop and commercialise a racing integrity platform to help manage RVL Integrity
requirements.
Under a software development agreement, BetMakers has developed and delivered a
custom-built technology solution for Racing Victoria known as the Racing Victoria Integrity
Platform (“RVIP”), which will be implemented across their racing program.
custom-built technology solution for Racing Victoria known as the Racing Victoria Integrity
Platform (“RVIP”), which will be implemented across their racing program.
The RVIP manages a range of data points, identifies and flags irregularities and maintains data
in easy-to-use formats for stewards and authorities.
in easy-to-use formats for stewards and authorities.
The new RVIP uses BetMakers technology and its custom built features enhance transparency
and monitoring by racing authorities, including:
and monitoring by racing authorities, including:
- Real-time tracking of data, such as price movements and associated betting patterns;
- Host engine that ingests ratings and performance indicators created by the racing
authority and BetMakers, and matches these with actual performances; - An alerts system to flag inconsistencies;
- Database and library functionality that stores and recalls any integrity
/Public Release.
