Autotote

From Wikipedia, the free encyclopedia

Autotote, a company which has been renamed Scientific Games, is the UK's leading supplier of pari-mutuel wagering systems — automated, computerized off-track and/or on-track betting systems for betting on horse races. It is an integrated system for off-track betting, keeping track of race results and winning tickets, and race simulcasting.

In 2002, former Autotote employee Chris Harn was caught fraudulently cashing so-called "test tickets" (for system maintenance) for $80,000 and was later caught when an accomplice tried to collect $3 million on a fraudulent bet on the Breeders' Cup. Chris Harn's story was portrayed in the Court TV program Masterminds.

Luke Weil, the heir to the Autotote fortune, is unflatteringly featured in a documentary called Born Rich, about the experience of growing up as the heir to one of the world's greatest fortunes.

[edit] References

• "New security measures announced by Autotote", Baltimore Sun, November 16, 2002.

• Barrett, Larry. "How Autotote Insider Rigged the System", Ziff-Davis Media, December 1, 2002

• Leonard, John. "Richie Rich", TV film review in New York Magazine.

[edit] External links

• "Autotote’s Betting Window Goes to the Customer"
• Scientific Games Racing, formerly Autotote Systems.