Longitude LLC Information

The globally-patented Longitude Enhanced Pari-Mutuel System™ is a pool betting technology platform that uses advanced mathematical principles and cutting-edge computing techniques to facilitate innovation in the gaming and wagering industry. Longitude enables sports betting and race track operators to offer a wider range of bet types, a richer display of odds data, and bigger pools with more stable odds. With the ability to leverage a broad range of wagers on individual races or sporting events, Longitude helps operators to more efficiently use existing liquidity, while also generating additional liquidity by enabling new bet types to be launched into existing pools. Longitude’s roots are in the financial markets, where the Longitude Enhanced Pari-Mutuel System has been used for the pricing and settlement of markets on a range of financial and naturally occurring events, such as credit, economic statistics, and weather. Partners in the industry include the Hong Kong Jockey Club, Tabcorp, and Sportech. Longitude LLC and Longitude SA are wholly-owned subsidiaries of Nasdaq, Inc. Longitude SA is the exclusive licensee of the intellectual property rights for the Longitude technology. Longitude LLC is the sales and marketing agent of Longitude SA. Website: http://www.longitude.com/en/