Zone4Play delivers mobile gaming to Two Way TV Australia
June 3, 2005
It seems that hardly a week goes by without Zone4Play announcing
a new deal, mostly in supplying technology for the mobile gambling
sector.
This week it was a long term agreement with Two Way TV Australia
Limited, which provides live, competitive and enhanced TV entertainment
and interactive TV applications and technology to the Australian
market, where it is acquiring exclusive rights to distribute Zone4Play's
advanced SMS-TV solution, iTV solutions and mobile gaming and gambling
products in Australia, New Zealand and 26 Asian territories.
Under the terms of the five-year agreement, Two Way TV Australia
(TWTVA) will pay $1.75 million to become the exclusive distributor
of both Zone4Play play for real and play for fun gambling solutions
in the sprawling Asian and Pacific markets. The fee is recoupable
from significant revenue shares payable to Zone4Play from any deal
that is signed in these territories.
The live gambling products including Texas Hold'em poker, blackjack,
roulette, lotteries, sports betting and racing packages will be
offered to licensed gaming operators wherever regulations permit.
Zone4Play's gaming products have been selected by some of the largest
licensed gaming operators in the UK and Europe.
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