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GPRM files patent for new game, moves to Guernsey

7th March 2011 11:17 am GMT

Following on from the signing of an exclusive agreement last month with AmTote  to power a new financial markets-based pari-mutuel betting product, Nevada-based Global Pari-Mutuel Services Inc. (GPRM) has announced plans to sell off its Royal Turf Club subsidiaries and relocate operations to Guernsey.

The company signed a non-binding letter of intent last week to sell its Royal Turf Club (RTC) subsidiaries to a group of investors led by former GPRM chief executive James Egide.

Under the [...]

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