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AUSSIE GAMBLING FIRM CALLS TRADE HALT PRIOR TO KEY ANNOUNCEMENT
Monday September 19,2011 : Two Way interactive television wagering service provider granted a halt pending a capital raising statement
Australian publicly listed interactive television gambling provider Two Way was granted a trading halt by the ASX Monday pending a key capital raising announcement.
The company, which developed its television wagering service in collaboration with Tabcorp Holdings and Foxtel has not yet indicated where the funds will be allocated, but it has recently made major progress in moving towards an increased revenue stream.
The interactive wagering service was recently extended to include Racing and Wagering Western Australia and TattsBet Limited, and there is potential to establish similar relationships with other wagering and broadcasting partners throughout Australia and overseas.
The company's products are currently being deployed by leading wagering and interactive TV operators in Australia and New Zealand, with the client list including Tabcorp, RWWA, TattsBet, Sportingbet, Betfair, Foxtel, Austar, Optus TV and Sky New Zealand - and Two Way having five year contracts with many of these major companies.
The service includes live betting capability linked to the betting engines of all the TABs, and is Australia’s first and only TV wagering service. In the last three years more than 25,000 users have placed at least one bet using the TAB Active interactive TV service on the Foxtel platform.
Two Way earlier reported that more than 15.5 million bets in total have been made thus far, with total turnover exceeding A$137 million.
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NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday -
Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.
Pro League Reveals Sportradar Contract Details -
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The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.
Mega Moolah strikes again -
The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.
2 New Slots For Microgaming Casinos -
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MLS Odds: Red Bulls vs. Whitecaps -
The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.
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