Tuesday, June 19, 2018

Consorteum Holdings, Inc. (CSRH) May Win Big in the Wake of Supreme Court Ruling Enabling US States to Legalize Sports Gambling

  • Company poised to benefit from impact of Supreme Court ruling permitting gambling on college and professional sports
  • Per report, illegal sports betting in U.S. currently estimated at $150 billion
  • CSRH subsidiary 359 Mobile, Inc. plans to release its sports-oriented predictive analytics platform in 2018 for Android and iOS devices, with first rollout focusing on the international sport of Cricket
Consorteum Holdings, Inc. (OTC: CSRH), with its groundbreaking predictive analytics platform, could see a boom from the Supreme Court ruling enabling states to legalize sports gambling (http://nnw.fm/nSA2M). Through subsidiary 359 Mobile, the company plans to release its first global sports app in 2018, serving Android and iOS devices. It was developed with DevLex Ltd., marking the first development since a joint business agreement between the companies was signed.
The app incorporates the technologies of the two companies, combining 359’s proprietary Universal Mobile Interface™ (“UMI”), with its advanced analytics, and DevLex’s Predictive Analysis Platform (“DV-PA”), which uses proprietary algorithms in real time. The stakes are high, with the American Gaming Association estimating illegal sports gaming in the U.S. at $150 billion annually (http://nnw.fm/k5g5B).
CSRH is a software development and mobile publishing company that delivers content to devices in the fast-growing fintech market and its associated verticals. The company is growing through a combination of license agreements, joint ventures and strategic alliances. A primary focus of its UMI platform is the mobile gaming sector.
The first sports app will offer massive historical data and updates on cricket teams and players. Cricket is played in more than 50 countries globally, and it has a dedicated fan base in excess of 2.5 billion people around the globe.
For more information, visit the company’s website at www.Consorteum.com
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