- U.S. High Court opened door to state-by-state legalization of sports betting on May 14
- Mobile gaming surpassed $50 billion mark during 2017; illicit sports betting estimates are far higher
- Consorteum poised to take advantage of potentially explosive market with flexible Universal Mobile Interface™ technology
The Supreme Court’s May 14 ruling that delivered a states’ rights victory to advocates of sports betting (http://nnw.fm/xU7Cn) also notched up wins for companies that have maintained multi-jurisdictional presences for online sports wagers, as well as the companies that supply them with the tech, oversight and marketing services they need to operate (http://nnw.fm/h1jLo). Mobile connectivity player Consorteum Holdings, Inc. (OTC: CSRH) has built its reputation on developing and delivering end-to-end solutions for players in the fintech and data analytics industries, but this month’s announcement that its first app to market is a tool to help cricket sports betting fans analyze statistics and predict outcomes for their favorite cricket teams and players (http://nnw.fm/yUO91) shows that the company is at the forefront of a potentially explosive market.
Nearly 60 million people in the United States and Canada participate in fantasy sports leagues, many of which involve money wagers, according to Chicago Tribune estimates…
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