Consorteum Holdings, Inc. (OTC PINK: CSRH), through wholly
owned subsidiary ThreeFiftyNine, Inc. (359), is the only third-party developer
approved for regulatory compliant gaming delivery by the Nevada Gaming
Commission. Using a thin client application, the company provides client
servers with a simpler method for delivering games to consumers. Because the
359 Universal Mobile Interface (UMI) directly provides content and display to
individual mobile devices, game developers can offer continuous and consistent
content to consumers without the need to reinstall following updates to the
gaming application or mobile operating system.
In order to achieve approval from the Nevada Gaming
Commission, Consorteum was required to address the unique locational
restriction requirements of the gaming industry. In particular, efforts to
prevent tampering and location spoofing were of the utmost importance. To
address this, 359 utilizes technology similar to that of antivirus software in
order to detect the true location of the device, and, in times when this
location can’t be verified, invalidate the locational data. Through this
system, the company can help to protect the legal standing of gaming providers.
Following the legalization of Internet gambling sites in New
Jersey, the state’s market recorded revenue of nearly $8.4 million between late
November and the end of the calendar year. These promising results have caught
the attention of the nation. According to a report by CBSNews, at least 10
other states are now considering lifting the legislative ban on Internet
gambling in the near future, providing the potential for massive market growth
in the months to come.
This potential market expansion provides a formidable
channel for rapid growth for Consorteum. Leveraging an early mover advantage in
the mobile space, the company is in a strong position to increase market share
as the industry continues to grow. For potential investors, the prospect of an
expanded Internet gambling industry makes Consorteum an exciting opportunity in
the coming months. With unparalleled qualifications in the mobile space, the
company is strategically positioned to provide strong returns as the industry
grows to meet immense market demand.
To learn more about Consorteum Holdings, visit
www.consorteum.com
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