Racing and Sports eyes strong finish to fiscal year amid growing confidence from new deals

(AsiaGameHub) –   Australian betting technology company Racing and Sports (RAS) anticipates securing an additional AU$2m (£1m) from the partnerships it has finalized this year.

The firm established a new partnership with Altenar, a fellow B2B sports betting technology provider, in April, and simultaneously renewed its contract with TABTouch, the digital betting platform of Racing and Wagering Western Australia (RWWA).

The renewal with TABTouch extends for a further five years. The agreement includes data and content for Australian thoroughbred, harness, and greyhound racing, featuring racing previews, runner comments, and content enhancements.

Meanwhile, UK-based Altenar has completed a technical integration of RAS software, incorporating pre-race data, race day data, and its oddsline service. This arrangement covers Altenar’s UK and international operations, with three B2C brands already utilizing the solutions.

“These agreements reflect the depth and quality of what RAS delivers to racing and wagering operators around the world,” stated Stephen Crispe, Chief Executive Officer and Managing Director of RAS Technology Holdings, the entity behind Racing and Sports.

The Altenar agreement is notably significant for RAS, as the Canberra-based and ASX-listed organization has been pursuing international expansion over the past year.

The UK horse racing market has been a key target for the company. Despite recent obstacles, such as challenges with racecourse attendance post-COVID-19, racing remains a favored betting sport in the region—ranking as the second most wagered-on sport after football.

The alliance with Altenar follows agreements with other UK horse racing stakeholders, including software provider Metric Gaming. Beyond the UK, the firm is also concentrating on elevating its profile in Asia, while a collaboration with LeoVegas targets the Swedish market.

“Extending our relationship with TABtouch, welcoming Altenar as a new platform partner, and going live with LeoVegas are all important milestones,” commented Crispe.

“We are also seeing strong momentum in our Asian business, which is performing ahead of expectations since the team joined last year. 

“With further deals expected to close before the end of FY26, the pipeline continues to build, and we approach the beginning of FY27 with confidence.”