Horse Betting operators have created the World Tote Association, WoTA on 15 June 2020.
20 parimutuel/tote betting operators representing all continents and a turnover of €20 billion have decided to join forces to advocate and promote:
- A percentage of revenues going towards supporting beneficiaries, including the horseracing sector
- The optimisation of technology and operations to ensure members can exchange best practice and develop mutually beneficial work streams collaboratively
- Leading standards for social responsibility that make safer betting and protection of customers a priority
- National and global pools utilising technology to ensure an engaging and positive customer experience
WoTA merges members of the European Pari Mutuel Association, EPMA and the Asian African Tote Association, AATA. Both structures will transfer their knowledge, achievements, and legacy to the new Association.
Paul Cross, General Manager International at Tabcorp and Richard Cheung, Executive Director Customer and International Business development at the Hong Kong Jockey Club are co-chairing WoTA for the first two years. Hans Lord Skarploth, CEO of ATG will act as the Vice Chairman and Keith Johnson, Chief Revenue Officer of AmTote of Stronach Group, as the treasurer.
Members are promoting specific values of the Pari Mutuel betting model:
Members have responsibilities to customers, shareholders, regulators, national governments, and society as a whole.
Beyond legal obligations, our members are committed to maintaining a balance between their commercial objectives and social responsibility, including the promotion of responsible gambling and funding for horseracing.
WoTA welcomes technology and services providers in the horse betting industry as Associated members. Horse Racing organisers are closely linked to the work of WoTA.