AllSported, formerly a three-way joint venture between Racing Post, Banach and TXODDS, has been taken private following substantial investment in the comprehensive horseracing solution.
The financial injection will be used to support an aggressive growth strategy. This is facilitated by the new, streamlined ownership that increases agility for the one-stop platform’s product development, integrations and sales, "lowering the barriers to entry" to UK and Irish racing for bookmakers.
The disruptive business offers a simpler, more cost-effective route to UK and Irish racing. AllSported also helps to increase returns to the sector as an alternative to grey-market providers lacking official data and rightsholder agreements and subsequent levy contributions.
Already the company has made significant headway, going live with three customers facing into the UK, Irish and South African markets, and has been nominated for the Services Rising Star Award in this year’s EGR B2B Awards.
Backed by TXODDS and still delivering Racing Post content to customers, AllSported will continue to provide market-leading content, data and odds through a single platform integration. The TXODDS horse racing product which AllSported is built on top of already is trusted by many of the tier-one operators in the UK.
TXODDS has a proven reputation as the industry’s number one provider of real-time aggregated sporting odds. It brings vast integration experience, providing multi-jurisdiction pre-race odds and low-latency in-play odds through an advanced Push API.
With the Racing Post plug-in also standard with the AllSported package, customers can offer an immediate tier-one content offering to bettors.
