DRF Bets Sold To 1/ST Technology
DRF Bets Sold To 1/ST Technology originally appeared on Paulick Report.
Affinity Interactive (the 'Company'), the parent company of Daily Racing Form (DRF) announced today the successful sale of its advance-deposit wagering (ADW) platform, DRF Bets, to 1/ST TECHNOLOGY, a division of 1/ST, and the parent company of online betting brands 1/ST BET and Xpressbet. Effective Tuesday, June 10, 2025, Xpressbet will assume full ownership and operational control of the platform, rebranding the product as 1/ST BET PRO.
Affinity Interactive and 1/ST TECHNOLOGY have partnered since 2011 to bring DRF Bets to market, with Xpressbet providing back-end technology, wagering, pathways, customer service, and data security. The acquisition marks the next phase in a longstanding relationship between the two organizations.
Advertisement
Customers of DRF will experience a seamless and secure transition to 1/ST BET PRO, with no changes to their user credentials, wagering interface, promotions, or key benefits. Beginning June 10, existing DRF Bets users can log in at 1stbetpro.com or via the new 1/ST BET PRO app on iOS devices using their current DRF Bets credentials.
'This is a pivotal moment for Affinity Interactive and DRF,' said Scott Butera, Chief Executive Officer of Affinity Interactive, the publisher of DRF. 'This strategic transaction allows us to sharpen our focus on DRF's core strengths—premium racing data, expert handicapping, and compelling content. We are now better positioned to collaborate with a broader array of racetracks, wagering platforms, and sportsbook operators as an independent and innovative media and data company.'
As a part of Affinity Interactive's growth strategy, DRF will accelerate its expansion into affiliate partnerships, e-commerce, and data-driven product lines. By shifting away from direct account wagering operations, DRF will deepen its commitment to providing industry-leading insights and digital tools to horseplayers and fans across the globe.
'This move enhances our ability to serve the broader horse racing and gaming ecosystems, supporting innovation, integrity, and new fan engagement,' added Butera. 'We are proud of what we built with DRF Bets and are excited about this next chapter.'
For 1/ST TECHNOLOGY, the acquisition further strengthens its market position as a leader in B2C and B2B wagering technology. Each year, 1/ST TECHNOLOGY services hundreds of thousands of bettors and is responsible for the transmission of billions of dollars in wagers.
'1/ST TECHNOLOGY is committed to continuing to provide the consistent superior service and user experience DRF Bets customers have come to expect—now under the 1/ST BET PRO brand,' said 1/ST TECHNOLOGY President, Keith Johnson. 'We look forward to welcoming DRF Bets customers and expanding our product offerings to horseplayers across the country and around the globe.'
Affinity Interactive and DRF remain dedicated to service the horse racing and sports betting communities through trusted journalism, digital innovation, and industry collaboration.
This story was originally reported by Paulick Report on Jun 10, 2025, where it first appeared.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New York Times
22 minutes ago
- New York Times
‘Golden Share' in U.S. Steel Gives Trump Extraordinary Control
To save its takeover of U.S. Steel, Japan's Nippon Steel agreed to an unusual arrangement, granting the White House a 'golden share' that gives the government an extraordinary amount of influence over a U.S. company. New details of the agreement show that the structure would give President Trump and his successors a permanent stake in U.S. Steel, significant sway over its board and veto power over a wide array of company actions, an arrangement that could change the nature of foreign investment in the United States. The terms of the arrangement were hammered out in meetings that went late into the night on Wednesday and Thursday, according to two people familiar with the details. Representatives from Nippon Steel — which had been trying to acquire the struggling U.S. Steel since December 2023, but had been blocked by the Biden administration over national security concerns — came around to Mr. Trump's desire to take a stake that would give the U.S. government significant control over the company's actions. Nippon had argued that this influence should expire — perhaps after three or four years, the duration of the Trump administration. But in the meetings, which were held at the Commerce Department, Trump officials led by Commerce Secretary Howard Lutnick insisted that the golden share should last in perpetuity, the two people said. Under the terms of the national security pact, which the companies said they signed Friday, the U.S. government would retain a single share of preferred stock, called class G — as in gold. And U.S. Steel's charter will list nearly a dozen activities the company cannot undertake without the approval of the American president or someone he designates in his stead. Want all of The Times? Subscribe.
Yahoo
25 minutes ago
- Yahoo
5 of the Richest People in Real Estate
Real estate can become a strategic investment option if you know what you're doing and are willing to put in some work. While you might not make several million dollars, it can be another way to boost your bank account and wealth. Read Next: Find Out: Speaking of wealth, real estate has paid off extremely well for some investors and managers around the U.S. and beyond. Here's a look at five of the richest people in real estate. Also see what the 10 richest billionaires did with their first $1 million. Total net worth: $18.7 billion You may not be familiar with Kushal Pal Singh, but he's one of the richest billionaires in the real estate industry. He's the chairman emeritus of a leading real estate company in India called DLF. According to Forbes, the company is the biggest listed property firm by market cap in India. Check Out: Total net worth: $19.7 billion Harry Triguboff is the owner of Meriton, an apartment tower development company in Australia. He's a billionaire real estate developer — and one of the richest people in Australia. According to Forbes, he has built over 79,000 apartments and was a trailblazer, being one of the first developers see potential in apartments rather than single-family homes. Late last year, Medium called him 'the GOAT' of real estate in Australia. Total net worth: $18.9 billion Donald Bren is a big name in real estate in America. He's the chairman of Irvine Company, which, according to Sunrise Capital, has more than 120 million square feet of office space, apartments and malls across California. Per Forbes, he also owns the MetLife Building in New York. Total net worth: $18.4 billion Stephen Ross may have come from humble beginnings, but he's now one of the richest names in real estate. Ross is the CEO and chairman of Related Ross and the owner of the Miami Dolphins. Due to his real estate work, he's especially well known in Florida. According to the company's website, it has many types of properties, including office space, hotels and city centers. Total net worth: $13.2 billion Until 2015, Peter Woo was the chairman of Wheelock & Co., a property developer, and the subsidiary Wharf Holdings, per Forbes. In addition to real estate, the companies are involved in retailing and telecommunications. Editor's note: Net worth figures were sourced from Forbes. More From GOBankingRates How Much Money Is Needed To Be Considered Middle Class in Every State? This article originally appeared on 5 of the Richest People in Real Estate Sign in to access your portfolio
Wall Street Journal
31 minutes ago
- Wall Street Journal
Leonard Lauder, Who Turned His Mother's Beauty Business Into a Global Empire, Dies at 92
Leonard Lauder, the eldest son of beauty pioneer Estée Lauder who grew up typing invoices for the family business he would later transform into a global empire, died Saturday at the age of 92, the company said. In five decades at Estée Lauder, including a 17-year tenure as chief executive, Lauder secured prime spots in every major U.S. department store and built a portfolio of beauty's biggest names, including Bobbi Brown, Aveda and MAC.
