Software development and mobile solutions company Consorteum Holdings (OTC: CSRH) is poised to benefit from the effect of the Supreme Court’s ruling that could allow gambling on college and professional sports. An article discussing the company’s innovative platform reads: “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).”
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About Consorteum Holdings, Inc.
Consorteum Holdings, Inc. is a mobile platform company focused on delivering compliant complex mobile-based transactions through a mix of partnerships, license agreements, and joint venture revenue share arrangements. The company is focused on FinTech, otherwise known as next-generation financial technology. Consorteum aims to capitalize on the broad variety of technological interventions into personal and commercial transactions by focusing its efforts and resources where it can leverage its expertise in direct and vertical based solutions. For more information, visit the company’s website at www.Consorteum.com.
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