A boundary-breaking 25th year for Horseplayer Interactive
HPI offers commingled pools for international racing associations. Lush is not yet a partner with PMU (Pari Mutuel Urbain), which controls France’s betting market. PMu is number one in Europe and third in the world by total wagering on horse racing. HPI hopes to offer their product to PMUs. LUSH: Woodbine Mohawk Park is the most popular track bar none. It's always a mix with the United States customers and HPi customers across Canada. The company is negotiating with them. They are both jointly going into a pool and then they're each retaining a portion of the pool for their takeout or their fee.
Woodbine Racetrack and Woodbines Mohawk Park's handle reached $1 billion in 2022. The company is working with the CPMA and in Ontario to integrate HPIbet into sports betting operators. The digitalization of wagering has helped boost the business. 38,000 HPi/Dark Horse customers placed wagers in 2012. 6,800 new customers signed up. During the COVID-19 pandemic, 80% of the North American market was all on digital platforms. Wood bine's harness and thoroughbred products were popular. They were also popular during the pandemics.
