The provider of wireless platform software and the developer of real-time management solutions for the online betting industry have partnered to launch a real-time mobile betting product. The five-year cooperative agreement will allow for the seamless integration of Finsoft\’s management systems with Phantom Fiber\’s unique wireless framework.
Finsoft will market Finsoft Wireless to its existing clientele of operators that provide the consumer with gaming services, including BetFred, Sportingbet, StanJames and Bet365. The result for end-users will be access to real-time betting services through their mobile phones or PDA\’s.
“Global adoption of this wireless technology is key to our business structure,” said Jeff Halloran, President and CEO of Phantom Fiber. “Strong relationships with key partners such as Finsoft help drive this adoption. This partnership demonstrates our commitment to our gaming partners, and emphasizes our focus on the growing European market.”
“Finsoft is well known for its top-of-the-line system that provides many of Europe\’s top gaming operators access to the latest technology. Our fusion with Phantom Fiber furthers our dedication to supplying the most innovative and user-friendly solutions in this ever-changing market. M-Gaming is rapidly growing, and we believe that extending the richness of our mobile offering can only benefit our operators\’ business strategies. This is one of our many ongoing efforts to create long-term lasting solutions for all of our clients,” commented Predrag Popovic, Chief Executive of Finsoft.
In separate news, Phantom Fiber announced that 40 per cent of mobile gambling sites now use its technology. The Toronto-based firm quoted a study by Juniper Research showing that mobile gambling revenue is projected to grow from the $2 billion reached this year to $19.3 billion by 2009.
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