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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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Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
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The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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