Investigation put a crimp in our business? "No way!" is Starnet's response. The company just signed a simulcast agreement with Sunland Park Racetrack and Casino, located in Sunland Park, NM, for inter-raceway and live Internet horse racing broadcasts.
This is Starnet's second attempt to get into "e-horse racing." Earlier this year it announced a deal with Ontario Jockey Club, but that agreement was suspended pending the RCMP criminal investigation of Starnet.
Meldon Ellis, chief executive officer of Starnet said, "Horse racing is one of the high potential markets we have targeted where we can quickly leverage our online gaming expertise and technology. We will continue to build our capabilities in this industry and are pleased with the progress we have made, having signed agreements with 17 North American tracks to date. Although we have experienced delays in bringing horse racing online, we anticipate signing an agreement with a tote provider in the near future,
which will enable us to immediately launch operations with these racing facilities."
Keep your eye on Starnet. News is flying and it appears that they aren't letting the RCMP investigation hold them back.