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Sat 04 Apr 2007Paddy Power's new deal on British racingBookmaker Paddy Power has signed a deal with a controversial new racing broadcast service backed by London-quoted electronic data company Alphameric.The British company announced yesterday that the Irish bookie was the first major chain to sign a long-term deal with its joint venture partner, Amalgamated Racing (Amrac), for television rights from a number of British racecourses.