SOURCE: Global Pari-Mutuel Services, Inc.

December 08, 2009 08:00 ET

Global Pari-Mutuel Services (GPRM) Looks to Increase Revenues With the Launch of Two New Websites

CHANDLER, AZ--(Marketwire - December 8, 2009) - In order to capture a more significant portion of the Advance Deposit Wagering (ADW) market on horse, harness and dog racing in the United States and internationally, GPRM (OTCBB: GPRM), through its wholly owned subsidiary Royal Turf Club, has just launched two new websites, and These two websites are the first of a series of websites GPRM plans to launch after completing an extensive upgrade to their state of the art software.

GPRM generates revenue as a handling charge, not on wins or losses. The website receives payment for each bet placed though the system.

ADW is the fastest growing segment of online horse and dog track wagering. Now that all software upgrades have been completed, GPRM has created the most user friendly websites for off track wagering available for racetrack gambling in the United States today. These sites allow the user to place their wagers online and then watch the results as the race comes live to them via streaming video. Users can bet on many races from various racetracks around the country. Presently users can set up accounts using their credit card. GPRM will also be offering an e-check option in the next few weeks.

According to Mr. James A. Egide, founder and Chief Executive Officer, "These two sites are the first of many that GPRM has planned to launch over the next year. Since online wagering is the fastest growing segment of the market, we see great opportunities to expand these distribution channels for market-specific applications. Utilizing the new marketing data mining tools and social networking options such as Facebook™ we have seen positive responses from the initial test marketing we have done. With the core wagering applications now complete, this provides us with the tools to expand into other revenue streams, unlike any other wagering site."

GPRM provides secure wager processing services and develops secure, user friendly websites focused on the growth of their business.


The statements contained in this release and statements that the company may make orally in connection with this release that are not historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected in the forward-looking statements, since these forward-looking statements involve risks and uncertainties that could significantly and adversely impact the company's business. Therefore, actual outcomes and results may differ materially from those made in forward-looking statements.

Contact Information

  • Contact:
    James Egide
    Global Pari-Mutuel Services, Inc.
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