Sydney - Wednesday - Oct 22: (RWE Australian Business News) - Two Way Ltd (ASX:TTV) reports its "TV wagering service", known as Sky Racing ACTIVE, has shown strong growth since its launch on April 28. The service is available to FOXTEL and Optus TV subscribers in NSW and Victoria, and provides race and wagering information along with access to Tabcorp (ASX:TAH) accounts and the ability to place bets. So far more than 6300 Tabcorp account holders have placed a bet using the service (up from around 2000 in the first month) and more than 760,000 bets in total have been placed. Average number of bets per day has grown from 2000 per day in the first week to almost 9000 per day in week 25.
TTV Price at posting:
4.7¢ Sentiment: LT Buy Disclosure: Held