InvestorWire NewsRoom

InvestorNewsBreak

InvestorNewsBreaks – Mobius Interactive Ltd. Points to Online Sports Gambling as Recourse for States Struggling to Make Budgets
February 25, 2021

InvestorNewsBreaks – Mobius Interactive Ltd. Points to Online Sports Gambling as Recourse for States Struggling to Make Budgets

Mobius Interactive, an online gaming operator featuring unique offerings for diverse demographic groups, has singled out online sports gambling as an opportunity for states to generate revenue. “Mobius reported in its February 2021 newsletter (https://ibn.fm/u1M7F) that the state of Tennessee took the top spot in sports betting with a combined $131.4 million wagered, generating $2.4 million in tax revenue in its first month.” The article detailing this matter continues, “As states struggle to make budget, some are reconsidering this revenue stream. Currently, there are approximately a dozen states where online sports gambling is legal with the possibility that number doubling by 2022. Online poker legalization has not progressed in the U.S. with the same speed as sports betting, slowed in part by CEO of Las Vegas Sands Corp. Sheldon Adelson’s fierce lobbying against online gambling… However, with his recent passing, there is talk that Las Vegas Sands Corp is ready to enter the U.S. online betting arena. This move could be the beginning of a new era for the nation in online betting for both sports and casinos.”

To view the full article, visit https://ibn.fm/wx8qS

About Mobius Interactive Ltd.

Mobius Interactive is an online gaming operator with a variety of unique offerings catering to diverse demographic groups. Mobius Interactive’s team has extensive senior-management experience across business-to-consumer (“B2C”) and business-to-business (“B2B”) marketing in the iGaming industry, specializing in eSports, sports betting, casino and live casino. In partnership with leading eSports and iGaming platform Ultra Play, Mobius Interactive seeks to attract a network of high-net-worth gamers from around the world. Mobius does this through the use of loyalty and gamification programs designed to enhance engagement by leveraging state-of-the-art customer-relationship management systems and joint ventures with more than 600 VIP and master gaming affiliates. For more information, visit the company’s website at www.MobiusInteractive.Ltd.

NOTE TO INVESTORS: The latest news and updates relating to Mobius are available in the company’s newsroom at http://ibn.fm/Mobius

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.

With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.

Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.

For more information, please visit https://www.investorwire.com

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer

InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.investorwire.com
[email protected]

InvestorWire is part of the InvestorBrandNetwork.

Recent NewsBreaks

NewsBreaks Categories

Get Started with InvestorWire

To distribute a release in the next 24 hours. Contact our client services team.

(862) 930-1404

Distribute a press release. Submit your release to get started.

Submit Press Release

Set up a Live demonstration. Schedule a date and time that works for you.

Schedule a LIVE Demo

Press Distribution

Explore Press Distribution Solutions

All releases include an unlimited word count* with full wire-grade syndication, our press release enhancement service, and a follow-up InvestorNewsBreak article distributed to thousands of editorial syndication partners.

Discover Add-on Solutions

Increase the impact of your achievements by adding these exclusive solutions from InvestorWire, delivered in conjunction with the InvestorBrandNetwork (IBN).