XpressBet to spin off rebate shop for high-end players

Jan. 29, 2011 - Already an owner of racetracks, a tote company, and the XpressBet.com advance-deposit-wagering platform, Frank Stronach will launch a rebate shop for high-end horseplayers on Monday.

The new rebate shop, Player Management Group (PMG), will cater to high-end horseplayers when it opens for operations. The Oregon Racing Commission will serve as the website’s hub, which will include wagering through phone accounts and an Internet platform.

“We don’t plan to recruit players from other sites or tracks. We plan to target players who are currently wagering at offshore sites" ...

Read more ... Thoroughbred Times - by Frank Angst