REG - Mobile Streams plc - MOS partnership with QMG enters new market

Mobile StreamsAnnouncement

29/04/2021 15:00

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 €200m 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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