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| Wednesday, 6 March, 2002, 18:08 GMT ITV in interactive betting link-up ![]() Sports betting is seen a major growth market A major expansion of TV sport and betting tie-ins is promised after a deal between ITV and the Sportech gaming business. Sportech, which acquired Littlewoods' betting and gaming business for �162m in 2000, has secured exclusive rights to interactive betting across all ITV's channels. The agreement could lead to interactive betting on a wide variety of programmes - including outcomes of soap operas.
The deal will last for five years, with an option to extend for a further two-year period. Both companies are hoping to expect to benefit from the anticipated growth in interactive TV gaming and betting - a market which accountants KPMG predict will be worth �2.8bn per year by 2006. Colin McGill, Sportech's managing director, said: "Whether it is fun, gaming or betting the viewer will benefit from this exciting partnership." But an ITV spokeswoman told BBC News Online that the prospect of betting of soap operas was still some way off. 'Ideas' "The vast majority of possibilities we're looking at are gaming and betting opportunities around sporting events." The spokeswoman said that other gaming proposals were "just ideas at the moment" but added: "We'll look at every idea in detail." ITV's chief executive, Stuart Prebble, described the interactive deal as offering viewers "a proposition with universal appeal which offers something distinct from our commercial competitors". ITV stands to earn a share of the turnover of Sportech's betting activity - but the network has so far declined to say what proportion of turnover would be returned to ITV under the revenue-sharing agreement. | See also: Top TV and Radio stories now: Links to more TV and Radio stories are at the foot of the page. | ||||||||||||||||||||||||
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