Today, Consorteum Holdings - a financial transaction management firm also vested in mobile publishing - announced the completion of a strategic partnership with Knockout Gaming, Inc., a potential worldwide leader in the gaming industry offering wholly unique gaming products, platforms, and technology.
Purchasing a 10-percent ownership in Knockout Gaming, Consorteum will become Knockout's sole provider for transaction servicing, providing Knockout Gaming with CSRH's superior know-how within the Payments and Transaction Industry in North America.
Using its reach in the transaction management industry, CSRH continues to accrete a wide variety of products and services to create full-spectrum, turnkey, and payment processing solutions. This experience, alongside Knockout's gaming products' familiarity and its proprietary, instantly operative FIREPLAY, delivers uninterrupted operational support and online gaming-operator solutions re issues like payment processing and fraud prevention. In fact, Knockout is the 47th holder of a prestigious Isle of Man gaming license, given out to only the best of the best since its inception in 2002.
This sort of superior performance, in a venue which continues to grow and expand, insures that Consorteum Holdings' vested interest in Knockout will generate significant financial advantages. That is, acting as Knockout Gaming's exclusive source of financial transaction servicing, as well as discovering and capturing additional channel partner opportunities across a wealth of verticals, CSRH plans to advance both Knockout's and its own online presence and bottom line.
The partnership also puts Consorteum in prime position to sell (i.e., resell) Knockout's gaming platform, FIREPLAY, wherever such sales are legal.
According to CSRH CEO Craig Fielding, "Player protection is a crucial issue in the world of online gaming and the license allows us to market our brands as 'player protected' in which the payouts are strictly controlled. Our agreement with Knockout will allow Consorteum to provide customers with a single integrated solution to the complex problems of online gaming with mobile capabilities. In our initial discussions with casino operators, they have indicated that our approach is the total 'one-stop solution' that they are looking to deploy."
Consorteum, operating through its mobile offerings inventory, continues to extend its reach and improve its earnings profile through an amalgamation of highly useful partnerships, joint venture revenue-sharing, and license agreements. Its electronic transaction processing and management services are a precise and profitable fit for a generation with whom electronic bill paying and the like are paradigms rather than exceptions.
The company also advances clients' proficiency and productivity by delivering "right-fit" technology and integration; consummate project oversight; marketing and brand alignment; communications, staging and ongoing client support; and technical issue resolution, all within a customer-centric support platform which views each client as unique.
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