NetworkNewsBreaks – Consorteum Holdings, Inc. (C
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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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