- Sports betting industry growing nationwide; multiple states expected to legalize online sports betting by 2022
- Las Vegas Sands Corp. is softening stance on online gambling
- Mobius commited to making sure all players are GambleAware
Mobius Interactive, an online gaming operator that launched in September 2020, targets a variety of customer segments and geographies through its diverse brand offerings. As sports betting grows in the United States, Mobius sees opportunity. The company utilizes a loyalty and gamification program to increase customer engagement from the moment of signup, held in balance with its social responsibility toward players with the GambleAware initiative.
Mobius’ reported in its February 2021 newsletter (https://nnw.fm/1qWhc) 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. 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 of that number doubling by 2022 (https://nnw.fm/T76wk).
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 (https://nnw.fm/zKJo8). Adelson stated he was willing to spend any amount to stop internet gambling. He saw it as his moral obligation and considered online gambling “suicidal” for the U.S. casino industry. However, with his recent passing, there is talk that Las Vegas Sands Corp is ready to enter the U.S. online sports betting arena (https://nnw.fm/IMS93). This move could be the beginning of a new era for the nation in online betting for both sports and casinos.
Mobius takes its social responsibility towards players seriously by ensuring that players are GambleAware (https://nnw.fm/ClYGc). One of Adelson’s biggest oppositions to the online betting industry was the increase in gambling addiction. Mobius is adamant that gambling should be treated as a fun pastime and not a way to generate income.
For players who have a problem and need help, Mobius offers a self-exclusion facility that locks the account for a minimum of one week and requires a written request before re-opening can be considered. The company acknowledges that while most of the population is capable of treating gambling as recreation, it is more difficult for some.
Mobius provides players with access to more than 34 eSports games and mega tournaments. Available around the clock, the platform has a wide range of functionalities, mystery jackpots, cutting-edge technology, and live and prematch odds. The company has partnered with UltraPlay, a globally recognized, award-winning, unrivaled eSports odds and platform supplier. The esSports industry is booming, and Mobius is ideally positioned to see the greatest benefit from the boom.
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://nnw.fm/Mobius
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