Zone4Play Signs Multi-Year Agreement With Betfair
Zone4Play, Inc. - a leading developer of interactive software and technology for the betting and gaming industry, today announced it has entered into an agreement with Betfair, the world's leading betting exchange, to become an affiliate partner providing mobile exchange betting solutions for the Betfair community and for non-Betfair users.
Under this agreement, Zone4Play will create and provide exchange betting solutions for mobile devices based on the Betfair system. Zone4Play expects these services to be made available to the Betfair community in the fourth quarter of 2005.
The service will be marketed to the 350,000 registered Betfair users as well as to new customers who use mobile phones as their primary exchange betting platform. Zone4Play will charge a monthly subscription fee of Betfair's existing customers who opt for the mobile betting service. Additionally, Zone4Play will participate in a betting revenue sharing agreement for new users who use the service.
This agreement signifies Zone4Play's leadership position as a driving force in the industry by providing highly advanced multi-platform solutions enabling mass participation gaming across mobile phones, television and the internet.
Idan Miller, Zone4Play's Senior Vice President of Marketing and Sales is quoted, "This agreement represents an opportunity for Zone4Play to significantly enhance its position in the multi-billion dollar mobile sports betting arena. By partnering with the world's leading online betting exchange company, Zone4Play will now have the ability to expand its customer base by marketing to the 350,000 registered users within the Betfair system and to act as an affiliate partner to Betfair in order to sign new users to the mobile service."
Tom Johnson, Head of Product Development at Betfair said: "Zone4Play is licensed to build and sell applications under the Betfair Developers Program. The program supports software companies who choose to be at the forefront of innovation in our industry. We look forward to Zone4Play's innovations bringing benefits to our customers in the coming months."