Supreme Ventures Racing and Entertainment Limited has inked a historic multi-million dollar sponsorship deal with top Australian horse racing betting providers, Betmakers Technology Group.

The deal includes a five year sponsorship component rumoured to be in the region of 70 million dollars,that is expected to revolutionise the racing experience at Caymanas Park.

The deal will also see the Aussie Betting company engaging SVREL in a partnership that will include the construction of new infracture, including a trainers pavillion.

Chairman of Supreme Ventures Racing and entertainment Limited Solomon Sharpe told Nationwide Sports today that local horse racing has the potential to move from the current 8 billion dollar industry to twice that figure but for that to happen they will need more horses and close to 120 race days in a year up from the current 85 and he sees this deal as the vehicle to take them there.

Chairman of Supreme Ventures Racing and Entertainment Limited Solomon Share speaking to Nationwide Sports a short time ago.