Consorteum Holdings, Inc. (CSRH) and the Rising Mobile Gambling Industry
The online and mobile gaming sector is on the rise. The global market for all forms of mobile and online gaming is expected to grow by leaps and bounds in the next few years. This trend toward increased mobile gaming supports the need for a mobile platform to meet new and existing compliance regulations. Consorteum Holdings, an international transaction management and mobile publishing company, addresses the challenges facing compliance in the mobile gaming industry. This is one of the company’s primary areas of focus.
Last year, Consorteum subsidiary, ThreeFiftyNine, Inc. (TFN), while collaborating with XpertX, Inc., completed the development work on a new mobile results app for live Keno, an online and casino game. The app is designed to deliver a high-tech mobile Keno solution to practically any mobile device, irrespective of operating system. Teaming up with XpertX was an exciting process for TFN which worked closely with XpertX, an industry leader and innovator in Keno gaming since 1987, to validate the mobile app’s capabilities.
The facility to deliver real-time gaming results to Keno players ought to be received well in every territory introduced to the application. With the app, a Keno player will, for the first time, be able to use his mobile phone to gain access to the results of Keno games played at numerous casinos across the United States. Customers are clearly calling for more mobile access, and giving them the power to view Keno results is simply the first step in being able to offer a pay-for-play version of the game within the limits allowed by each jurisdiction.
The game of Keno, by its nature, lends itself quite well to a mobile platform. This venture also offers enormous potential not only for Consorteum, TFN and XpertX, but also for gaming operators. With it, there will be greater opportunities for incremental revenue through the wide exposure of Keno to a new, younger audience that is firmly entrenched in mobile technology.
Consorteum Holdings, a Canadian company, is focused on marketing and licensing mobile software worldwide. Since its founding in 2011, the company has worked on building relationships and developing licensing agreements that will allow it to take center stage in the emerging mobile gaming market. It specializes in delivering mobile content, mobile payment solutions, and products through license agreements, on-deck partnerships, and joint venture revenue share arrangements.
For more information, visit www.consorteum.com
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