Consorteum Holdings Inc.’s (CSRH) Gaming Subsidiary Seeks Expansion into European Markets

March 14, 2018 12:01:38
  • Subsidiary 359 Mobile UK Limited retains Joelson JD LLP as legal advisor for planned mobile games expansion into UK and European markets
  • Online gambling market projected to reach $1 trillion by 2021, with mobile devices driving majority of growth
  • Shift from physical games to online, mobile gaming expected to gain momentum with rising trend of social media gaming
  • Global mobile games market closed out 2017 with estimated $50.4 billion in revenue

Software development and mobile solutions company Consorteum Holdings, Inc. (OTC: CSRH) is on the cusp of making significant progress in the mobile gaming and gambling sectors that are growing rapidly in the UK and European markets. Mobile gaming is attracting more users as social media and online entertainment penetrate every aspect of society. In fact, mobile games generated an estimated $50 billion in revenue in 2017, according to a report issued by Newzoo, a leading provider of market intelligence covering the global games, esports and mobile markets ( Online gambling is also expected to soar, with Juniper Research reporting that gambling activities are increasingly migrating to the online world and estimates calling for more than $1 trillion to be wagered online in 2021 (

As a mobile platform company focused on “delivering compliant complex mobile-based transactions,” Consorteum is developing its software and mobile publishing resources for a variety of mobile offerings – including the online and mobile gambling industry. A recent announcement of an agreement with XpertX, Inc. to release the Wild Spots Bingo® mobile game in the UK by mid-2018 and in…


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