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

February 25, 2021 3:50 PM EST

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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

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