Aussie And Asia Deal For Zone4Play
Published: Friday, June 03, 2005 Online-Casinos.com
AUSSIE AND ASIA DEAL FOR ZONE4PLAY
Mobile gaming agreement is initially worth $1.75 million
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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