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AmTote
The American Totalisator Company, known today as AmTote International (often referred to as AmTote), specializes in totalisator equipment used to control parimutuel betting at horse racing, greyhound racing, and jai-alai facilities. The company was founded by Harry L. Straus, a computer engineer from Baltimore whose interest in a fairer system of calculating and displaying odds and payouts on parimutuel betting came after an incident in 1927 at a Maryland racetrack, when a horse listed at 12:1 odds won, but paid off at 4:1. Straus began developing his machine, the totalisator or “tote board” out of telephone relays in 1928. Straus' new company installed its first equipment at Pimlico Race Course in Baltimore, Maryland, which displayed odds and payouts on illuminated boards, now known as "tote boards". In 1933, American Totalisator installed its first complete electro-mechanical tote system at Arlington Park in Arlington Heights, Illinois. The Strauss patents 2,179,698 issu ...
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The Stronach Group
Stronach Group, doing business as 1/ST, is an entertainment and real estate company in North America with Thoroughbred horse racing and pari-mutuel wagering at the core.


History

The Stronach Group entered the horse racing industry by purchasing Magna Entertainment Corporation's former holdings from . In January 2020, the company announced a rebranding to the 1/ST banner for all consumer-facing operations.


Magna Entertainment Corporation

Magna Entertainment Corporation (MEC) was created in 1999 by parent company Magna International Inc. Magna International, a major automotive suppli ...
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General Instrument
General Instrument (GI) was an American electronics manufacturer based in Horsham, Pennsylvania, specializing in semiconductors and cable television equipment. They formed in New York City in 1923 as an electronics manufacturer. During the 1950s, the company began a series of acquisitions under the direction of Moses Shapiro. Among the more notable purchases was General Transistor in 1960, which led to GI becoming a major producer of transistors, and later, integrated circuits (ICs). By the late 1960s, the company was mostly depending on sales into the television industry, which was further bolstered by the 1967 purchase of Jerrold Electronics. The company changed markets continually. Through the 1970s they focussed mostly on the off-track betting market through their purchase of American Totalisator, but this market faced significant competition in the late 1970s. At this time, GI became well known for their IC's including the CP1600 used in the Mattel Intellivision game console, ...
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Hunt Valley, Maryland
Hunt Valley is an unincorporated community in Baltimore County, Maryland, United States, near the site of the Maryland Hunt Cup Steeplechase. It lies just north of the city of Baltimore, along York Road (Maryland Route 45), parallel to Interstate 83. The nearby Loch Raven Reservoir is an important landmark and drinking water resource. Its surrounding forested watershed is one of three reservoirs (along with Prettyboy and Liberty Reservoirs) established for the City of Baltimore. Hunt Valley is located at a latitude of 39.5° North and longitude of 76.7° West. It is served by the Cockeysville post office, and is also a neighbor of Timonium. A satellite campus of the Community College of Baltimore County is located in Hunt Valley Town Centre. Business and industry An industrial park, named The Hunt Valley Business Community, was opened in 1962. Hunt Valley is the home of AmTote International, Inc., Systems Alliance, Inc., BreakAway Games, Atradius North America, Sinclair ...
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Harry L
Harry may refer to: TV shows * ''Harry'' (American TV series), a 1987 American comedy series starring Alan Arkin * ''Harry'' (British TV series), a 1993 BBC drama that ran for two seasons * ''Harry'' (talk show), a 2016 American daytime talk show hosted by Harry Connick Jr. People and fictional characters * Harry (given name), a list of people and fictional characters with the given name * Harry (surname), a list of people with the surname * Dirty Harry (musician) (born 1982), British rock singer who has also used the stage name Harry * Harry Potter (character), the main protagonist in a Harry Potter fictional series by J. K. Rowling Other uses * Harry (derogatory term), derogatory term used in Norway * ''Harry'' (album), a 1969 album by Harry Nilsson *The tunnel used in the Stalag Luft III escape ("The Great Escape") of World War II * ''Harry'' (newspaper), an underground newspaper in Baltimore, Maryland See also *Harrying (laying waste), may refer to the following historical ...
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Telephone
A telephone is a telecommunications device that permits two or more users to conduct a conversation when they are too far apart to be easily heard directly. A telephone converts sound, typically and most efficiently the human voice, into electronic signals that are transmitted via cables and other communication channels to another telephone which reproduces the sound to the receiving user. The term is derived from el, τῆλε (''tēle'', ''far'') and φωνή (''phōnē'', ''voice''), together meaning ''distant voice''. A common short form of the term is ''phone'', which came into use early in the telephone's history. In 1876, Alexander Graham Bell was the first to be granted a United States patent for a device that produced clearly intelligible replication of the human voice at a second device. This instrument was further developed by many others, and became rapidly indispensable in business, government, and in households. The essential elements of a telephone are a ...
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Sports Betting
Sports betting is the activity of predicting sports results and placing a wager on the outcome. The frequency of sports bet upon varies by culture, with the vast majority of bets being placed on association football, American football, basketball, baseball, hockey, track cycling, auto racing, mixed martial arts, and boxing at both the amateur and professional levels. Sports betting can also extend to non-athletic events, such as reality show contests and political elections, and non-human contests such as horse racing, greyhound racing, and cockfighting. It is not uncommon for sports betting websites to offer wagers for entertainment events such as the Grammy Awards, the Oscars, and the Emmy Awards. Sports bettors place their wagers either legally, through a bookmaker/sportsbook, or illegally through privately run enterprises referred to as "bookies". The term "book" is a reference to the books used by wage brokers to track wagers, payouts, and debts. Many legal sportsbooks ar ...
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Tote Board
A tote board (or totalisator/totalizator) is a numeric or alphanumeric display used to convey information, typically at a race track (to display the odds or payoffs for each horse) or at a telethon (to display the total amount donated to the charitable organization sponsoring the event). The term "tote board" comes from the colloquialism for "totalizator" (or "totalisator"), the name for the automated system which runs parimutuel betting, calculating payoff odds, displaying them, and producing tickets based on incoming bets. Parimutuel systems had used totalisator boards since the 1860s and they were often housed in substantial buildings. However the manual systems often resulted in substantial delays in calculations of clients' payouts. The first all-mechanical totalisator was invented by George Julius. Julius was a consulting engineer, based in Sydney. His father, Churchill Julius, an Anglican Bishop, had campaigned, in the early years of the twentieth century, against the ini ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Motorola
Motorola, Inc. () was an American Multinational corporation, multinational telecommunications company based in Schaumburg, Illinois, United States. After having lost $4.3 billion from 2007 to 2009, the company split into two independent public companies, Motorola Mobility and Motorola Solutions on January 4, 2011. Motorola Solutions is the legal successor to Motorola, Inc., as the reorganization was structured with Motorola Mobility being spun off. Motorola Mobility was acquired by Lenovo in 2014. Motorola designed and sold wireless network equipment such as cellular transmission base stations and signal amplifiers. Motorola's home and broadcast network products included set-top boxes, digital video recorders, and network equipment used to enable video broadcasting, computer telephony, and high-definition television. Its business and government customers consisted mainly of wireless voice and broadband systems (used to build private networks), and, public safety communicat ...
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UNIVAC I
The UNIVAC I (Universal Automatic Computer I) was the first general-purpose electronic digital computer design for business application produced in the United States. It was designed principally by J. Presper Eckert and John Mauchly, the inventors of the ENIAC. Design work was started by their company, Eckert–Mauchly Computer Corporation (EMCC), and was completed after the company had been acquired by Remington Rand (which later became part of Sperry, now Unisys). In the years before successor models of the UNIVAC I appeared, the machine was simply known as "the UNIVAC".Johnson, L.R., "Coming to grips with Univac," IEEE Annals of the History of Computing , vol. 28, no. 2, pp. 32, 42, April–June 2006. The first Univac was accepted by the United States Census Bureau on March 31, 1951, and was dedicated on June 14 that year. The fifth machine (built for the U.S. Atomic Energy Commission) was used by CBS to predict the result of the 1952 presidential election. With a sample of ...
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The Price Is Right (1956 U
''The Price Is Right'' is a television game show franchise created by Bob Stewart, originally produced by Mark Goodson and Bill Todman; currently it is produced and owned by Fremantle. The franchise centers on television game shows, but also includes merchandise such as video games, printed media, and board games. The franchise began in 1956 as a television game show hosted by Bill Cullen and was revamped in 1972. This version was originally hosted by Bob Barker. Drew Carey has hosted the program since 2007. Contestants on the show compete to win cash and prizes by guessing the price of merchandise. The program has been critically successful and remains a stalwart in the television ratings. It also managed to break away from the quiz show format that has been used in other game shows. Since the current version premiered, it has also been adapted in several international formats around the world most notably in the United Kingdom, Spain, Australia, Mexico, and Vietnam. In 2013, ' ...
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