Two Way Limited (TTV) is pleased to announce that it has signed a binding long-form contract, known as the, “Two Way Application and Licence Agreement” with Samsung Electronics Australia Pty Ltd, for distribution of Two Way’s IPTV wagering applications on the Samsung range of internet-enabled TVs, smartphones, tablets, Blu-ray players, home theatre systems and other consumer products. As previously reported, Two Way has already finalised exclusive deals with two of Australia’s leading wagering operators, Sportingbet Australia Pty Ltd and Betfair Pty Ltd, to build and operate TV wagering services. The deal provides for a revenue sharing arrangement between Two Way and Samsung for all revenue generated via Two Way’s wagering applications. Two Way looks forward to working with Samsung to enhance the enjoyment received by Samsung customers from their smart TVs and other devices, via Two Way’s advanced interactive applications.
Two Way (TTV) creates, develops and builds advanced interactive media and gambling applications for mobile, internet, TV and IPTV platforms. Our competitive strengths include our specialised expertise, patented technology and library of interactive applications which have been deployed on all devices. Two Way has developed an award-winning interactive TV wagering service with Tabcorp Holdings Limited (TAH) taking in New South Wales and Victoria in conjunction with FOXTEL, and seen on Sky Racing Sky Racing 2 and Sky Racing World. This has now been extended to include Racing and Wagering Western Australia (RWWA) and TattsBet Limited (TTS) covering Queensland & South Australia. Two Way has the potential to establish similar relationships with other wagering and broadcasting partners throughout Australia and overseas.