Melbourne, Mar 20 : TV presenter Eddie McGuire is returning to host a revamped version of the show `Who Wants to be a Millionaire'.

Australian TV network Nine hopes to cash in on the success of the Oscar-winning film `Slumdog Millionaire', a rags-to-riches tale of a Mumbai slum boy who wins the jackpot on the quiz show.

Unlike the traditional Millionaire, the new format to be hosted by McGuire is said to be fast-paced.