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TV betting gets the green light

20 February 2008

VICTORIA, Australia -- As reported by The Age: "Victorians will soon be able to place racing bets from home using their TVs and remote controllers, in a move that opponents say will turn living rooms into 'gambling dens'.

"A company backed by some prominent names in Australian business has won approval from the Brumby Government's gambling watchdog to launch its a subscription TV betting system.

"The company, Two Way, expects to launch the service in April. Tabcorp wagering account holders will be able to bet on thoroughbred, harness and greyhound racing through the Sky Racing Channel, using a Foxtel remote controller.

"...Two Way entered an agreement last year with gambling company Tabcorp and pay-TV company Foxtel to provide the service, with the company reportedly paying Foxtel $5.6 million for a five-year deal..."

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