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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