Consorteum Holdings Inc. (CSRH) Inks Exclusive Alliance with Cutting Edge DevLex Predictive Analytics Platform

March 28, 2018 11:04:45
  • Alliance with DevLex Ltd. to bring real-time analytic solutions, support to 359’s Universal Mobile Interface platform and its use in vertical markets including sporting options
  • Global predictive analytics market expected to reach nearly $11 billion by 2022
  • NCAA March Madness tournament players leverage predictive analytics in forming competition brackets
  • Social media gaming rising in popularity with an estimated $50 billion in revenue generated in 2017

It’s that time of the year when swagger and noise from fans of the NCAA men’s basketball tournament – better known as ‘March Madness’ – take over mobile devices, office chatter, living room TVs and the minds of sports enthusiasts around the globe (http://nnw.fm/vN5wq). What binds each of these fans together is pure optimism that their teams have a chance to make it all the way to the tournament championship game, scheduled this year on April 2. According to several news reports, at least 24 million people participated in NCAA college basketball bracket pools in 2016, legally wagering about $3 billion out of a total of $10 billion placed on the tournament outcome (http://nnw.fm/Qrgf2).

Consorteum Holdings Inc. (OTC: CSRH), a software development company and mobile solutions provider, recently announced that its wholly owned subsidiary, 359 Mobile Inc., has inked an exclusive joint business agreement with DevLex Ltd. that will open new avenues of revenue for both companies (http://nnw.fm/J3cys). The new deal seeks to…

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