|Interactive Systems Worldwide Inc has announced today that its subsidiary company, Global Interactive Gaming, has signed a lucrative deal with UK bookmaking giant, Victor Chandler, to provide its SportXction play-by-play sports betting system for the Victor Chandler site.|
Barry Mindes, Chairman and CEO of ISWI, stated, 'We are very pleased to announce this partnership with Victor Chandler, one of the premier betting companies in the world. We believe this agreement represents a promising revenue opportunity for both of our companies. We are excited to offer their UK customers the most comprehensive in-run betting service available to the public.'
Joe Couglin, Product Development Manager at Victor Chandler, added, 'We are very pleased to have concluded this agreement. The SportXction(TM) System is innovative and will provide our customers with great new opportunities to bet and we look forward to an extensive marketing campaign to support the product launch later this month.'
The agreement is for an initial 12-month- term, which will provide GIG with a share of the wagering revenue. The Victor Chandler Group is amongst the world's leading independent betting and gaming companies with an annual turnover in excess of $1 billion.