Interactive media and gambling application developer Two Way Limited (ASX:TTV) has added fixed-odds wagering to its TV betting service after a technology upgrade from partner Tabcorp.
Two Way's TAB ACTIVE service now allows Foxtel users to switch between tote and fixed odds betting on supported races at the press of a button, the company said.
All of Tabcorp's recent turnover growth has come from fixed-odds betting – revenue from this stream grew 48% in 2H10, compared to a 3.3% decline in tote betting.
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