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Australian Gambling Firm Two Way 3rd Q Earnings
10/30/09 - Two Way Limited, an Australian interactive television technology firm, has reported a positive quarter 3 with receipts from customers rising 17 percent to A$327 000 compared with Q2 2009.
Two Way’s wagering service, known as TAB Active, is available to Foxtel and Optus TV subscribers in two of the country’s major states – Victoria and New South Wales. By the end of September 2009, over 16 000 Tabcorp account holders had placed at least one bet via the service, a 14 percent increase for the quarter.
Management said that almost 4.8 million bets have now been placed in total with more than 1.2 million in the September '09 quarter alone, a 21 percent increase on the previous quarter. Average number of bets per day, at 13 000, grew by 19 percent, with an average bet size over the period of A$8.32.
However, Foxtel terminated its arrangement with Two Way in June '09, resulting in a decline of 29 percent on the previous quarter. Ameliorating this to some extent is the news that receipts from Sky New Zealand games were up by 15 percent after a successful telemarketing campaign which saw almost 2 500 new subscriptions.
Further marketing initiatives are planned for the games services on both Sky New Zealand and Austar, a spokesman revealed.
Gambling News :
Live Dealer Now At Slotocash -
Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
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