Stan James Continues Expansion With US Acquisition | Freebets.com: "UK based bookmaker Stan James has entered the regulated US betting market by acquiring a majority stake in Racing2Day LLC for an undisclosed sum .
Stan James operate around 60 betting shops in the UK having acquired 27 shops from Pagebet in May of this year and operate an online betting and gaming business from Gibraltar .
Racing2Day was incorporated in 2007 and has been looking to raise finance for over 18 months .
Racing2Day.com provides online betting on horseracing from over 350 racecourses worldwide including the US, UK, Australia, Argentina and Dubai. The site operates under a multi-jurisdictional licence granted by the Oregon Racing Commission .
European betting operators are particuarly interested in acquiring existing US based and licensed betting business's in readiness for any future relaxation of US gaming laws .
Dennis Kelly CEO of Stan James said 'StanJames.com invests significantly into UK horse racing, and we are committed to continue our global investment in this exciting sport. We aim to boost the size of the pools by ultimately driving our European customers to the US Tote.'
Stan James is a privately held company owned by founder Steve Fisher and has consistently been one of the most innovative UK based bookmakers in recent years ."
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