SIS has invested in Racelab, a company that provides next-generation technology products and services to the wagering industry. The financial details of the deal were not disclosed. Racelab offers betting products such as Pro Form informatics and the Odds Engine technology suite, which generates real-time fixed odds pricing. They also have a quantitative modelling platform that measures runner performance using a globally standardized format. With this investment, SIS aims to further enhance its international and digital presence in the horse and greyhound racing industry. Richard Ames, the CEO of SIS, has become the chair of Racelab as part of the partnership. Eliot Forbes, the newly appointed CEO of Racelab, is excited to work with SIS to expand their services in international markets. Shane Clarke, the executive director of Racelab, is pleased that the partnership will extend the company’s reach globally.
SIS Announces Major Investment in Racing Data Provider Racelab Global
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