Major sales drive for Ticket in Ticket Out (TITO)TITO is eBet’s...

Major sales drive for Ticket in Ticket Out (TITO)
TITO is eBet’s ticket-based technology that provides players with the convenience of a bar-coded thermal ticket to cash-in and cash-out credits on a poker machine. TITO will also lead to improved club/pub productivity and profitability.
TITO is being used widely in the USA and other overseas markets with a high level of success, but is being introduced to Australia for the first time.
eBet believes TITO is the most important development in relation to poker machines since the introduction of one cent machines. Preliminary selling has had an excellent response from clubs and pubs.
eBet is uniquely placed to fulfill this demand for TITO, as it is the only company with the technology to bring the benefits of TITO to any type of poker machine. Clubs in particular see this as a major plus.
eBet has this week obtained formal regulatory approval to introduce TITO to NSW. TITO sales are predicted to deliver $12M to $15M of sales revenue in the next 18 months including $1.5M to $2M of high margin recurring revenue.