Today before the
opening bell, Consorteum Holdings announced that its wholly owned subsidiary,
ThreeFiftyNine, Inc., had closed a new mobile app development and business deal
with Bet Clearer Ltd., the parent company of Bet Butler Ltd. ThreeFiftyNine and
Bet Clearer’s new binding agreement calls for the development of a mobile
offering for Bet Clearer’s existing web-based betting concierge service.
Bet Butler is a
global bet banking service, or an intermediary between gamblers and bookmakers.
It sources odds from over 60 international bookmakers and gives heightened odds
to gamblers that are on average 20% better than those offered by a typical
bookmaker. As an international transaction management and mobile solutions
provider, Consorteum Holdings, through its subsidiary, will be making this
betting experience available to users across a range of mobile devices. This
mobile application is scheduled for release in Q4 2014, and users will be able
to place a bet from the bookmakers that offer the best pricing. The mobile
application will also automatically detect the client’s location and deliver
services only in regulated legal locations.
According to Craig
Fielding, CEO of Consorteum and president of ThreeFiftyNine, “Our team is
pleased to have the opportunity to work with Bet Butler in developing an
innovative, secure, and efficient mobile solution for Bet Butler’s growing
sports book business. We look forward to a long and mutually prosperous
business relationship.”
For more information
about Consorteum Holdings, please visit: www.consorteum.com
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