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JM | Dec 21, 2020

Supreme Ventures to make landmark announcement this afternoon

/ Our Today

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Multi-billion dollar deal with international BetMakers Technology Group

Regional gaming company, Supreme Ventures Limited (SVL) will this afternoon make a landmark announcement regarding a multi-billion dollar investment in Jamaica’s horseracing industry.

The deal surrounds a new global partnership agreement between SVL’s horseracing subsidiary, Supreme Ventures Racing and Entertainment Limited (SVREL) and the international BetMakers Technology Group. A press conference has been set for 4:00 p.m. at The Jamaica Pegasus hotel, Montego Suite, at which details of the deal will be disclosed.

SVL Executive Chairman Gary Peart, SVREL Chairman Solomon Sharpe and Todd Buckingham, chief executive officer of BetMakers Technology Group, will be signing the historic partnership deal. Also among the head table will be Dallas Baker, head of international operations at BetMakers Technology Group and Kimani Robinson, chairman- WAGS International Limited, which is a privately owned international trading and distribution company with many years’ experience in the fields of importing and major marketers.

Gary Peart, executive chairman of SVL

SVL, through its subsidiary, SVREL, acquired the operations of Caymanas Track Limited in 2017, and since then has made considerable investments which now stand approximately $2.8 billion. To date, the group has improved the horseracing product and made considerable infrastructural improvements, a commitment by the group to Caymanas Park, the home of horseracing in Jamaica.

Investments coming for Caymanas Park

This deal will see further investments being made into Caymanas Park, Jamaica’s sole horseracing track. The BetMakers Holdings Limited is a wagering technology and data partner for some of the worlds most recognised and respected bookmakers and rights holders. The company offers the most complete wholesale racing wagering solution in the world.

Products and services available include:

  • The Global Tote (B2B pari-mutuel betting) that is licensed in Alderney, UK.
  • Fixed Odds and Derivative racing prices.
  • Racing data and full event life-cycle.
  • Trading tools such as odds comparison, price management and other market driven software – Sportsbook mobile and desktop white-label platforms.
  • Sportsbook widgets, i-frames and snippets.

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