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Carnegie Cooke Strengthens Racing-Simulcast Contract With Caliente

Under that agreement, Carnegie is sole distributor in Brazil of Caliente's international racing simulcasts. That allows Carnegie to show real-time telecasts of Brazilian and foreign horse races at jockey clubs (race tracks) and off-track betting parlors, making it possible for patrons of those facilities to wager on a number of races.

Among Carnegie Cooke's recent announcements:

* The filing of an application for a casino-gaming license in Brazil.

* The planned opening of an off-track-betting facility in Niteroi, an island city of 450,000 residents adjacent to Rio de Janeiro. It will be housed in a 10,000-square-foot building on which Carnegie has taken a five-year lease, with an option to buy. The opening was made possible under an agreement last December with the Jockey Club Ipiranga in Mage, a significant tourist center close to Rio. It allows Carnegie to open OTBs throughout the state of Rio de Janeiro.

* An agreement with the Jockey Club Parana in Curitiba, giving Carnegie the right to open a race book at the club's track and off-track- betting parlors throughout the state of Parana. The state is at the center of the bustling South Cone Market, an economic-development area created by Brazil, Argentina, Paraguay and Uruguay.

Using its state-of-the-art technology, the 85-year-old Grupo Caliente provides its international clientele with a wide range of products and services. Among them are real-time transmissions of horse and greyhound racing and jai alai games; coverage of a plethora of sports events, from the Super Bowl and Stanley Cup to Wimbledon and the Olympics, and provision of sports betting systems and services.

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