1/ST
“Can a horse racing conglomerate become a vertically integrated wagering and fintech ecosystem for thoroughbred racing fans?”
HQHallandale Beach, Florida, USA
IndustryMarketplace / Horse Racing & Wagering
The story
1/ST (formerly known under The Stronach Group's racing and technology brands) operates a horse racing ecosystem encompassing racetracks, a wagering platform (1/ST BET), and horse racing technology. The wagering operation is legally run through Xpressbet, LLC under Oregon Racing Commission licensing. The company has integrated embedded banking features such as a 1/ST BET-branded wagering wallet supported by Sutton Bank as the sponsor/banking partner.
Regulated entities
1
regulatory licence held by 1/ST
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
2 layers disclosed in 1/ST’s embedded-finance stack
Banking / BaaS
Sponsor bank
in the full report
Accounting gap: none
1 more provider across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.