Mobile Streams plc MOS partnership with QMG enters new market (1184X)
April 29 2021 - 9:59AM
UK Regulatory
TIDMMOS
RNS Number : 1184X
Mobile Streams plc
29 April 2021
29 April 2021
Mobile Streams plc
("MOS" or "the Company")
Mobile Streams partnership with Quanta Media Group enters new
market
Mobile Streams plc, the AIM quoted mobile content and data
intelligence company, is pleased to announce that by utilising both
the Streams content platform and the previously announced
investment by MOS, Quanta Media Group ("QMG") is preparing to
launch its first three, direct to consumer, mobile content sites.
These sites will be targeted at customers wishing to place sports
bets and play online casino games in the Dutch language in The
Netherlands once the regulated Dutch i-Gaming market opens on 1
October.
The purpose of each of Quanta's Dutch language sites is to help
Dutch consumers make informed decisions about where and how to play
online casino games, find free bet offers from Dutch sportsbook
operators, and help potential sports bettors/punters make informed
choices about which legal and regulated companies they can safely
and reliably place their wagers with.
QMG believes that the Streams content platform provides the
necessary tools and data to give QMG a significant competitive
advantage in content identification and creation whilst the
underlying data intelligence capability will support customer
conversion which is QMG's primary source of revenue.
The Netherlands launch represents a major milestone in the
MOS/QMG partnership and opens up opportunities for additional
revenue for MOS. We are also continuing to work with QMG to
identify opportunities to deliver new revenue sources for the MOS
legacy business as well as assessing other opportunities for
collaboration.
Ed Simons - Non-Executive Chairman QMG, said:
"Starting October 2021, The Dutch i-Gaming lead generation
market is estimated to be worth in excess of EUR200m per annum. We
are thrilled to be entering our first market with sites powered by
Streams and look forward to capturing our percentage of market
share. We also hope that other opportunities will come from our
relationship with MOS."
Nigel Burton, Non-Executive Director, said:
"We are pleased with the progress of our partnership with QMG
and are delighted to be able to help them launch and grow in the
Dutch market. I look forward to developing more opportunities with
QMG in due course."
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) No. 596/2014, as
it forms part of UK Domestic Law by virtue of the European Union
(Withdrawal) Act 2018. Upon the publication of this announcement,
this inside information is now considered to be in the public
domain.
For further information, please contact:
Mobile Streams plc
Nigel Burton, Non-Executive Director
+44 77 8523 4447
www.mobilestreams.com
Beaumont Cornish (Nominated Adviser)
James Biddle and Roland Cornish
+44 (0) 20 7628 3396
Peterhouse Capital Limited (Broker)
Lucy Williams, Duncan Vasey and Eran Zucker
+ 44 (0) 20 7469 0930
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END
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