Betoptions & Fantom In Mobile Gambling Deal

Published: Saturday, March 04, 2006 Online-Casinos.com

BETOPTIONS CLOSES MOBILE GAMBLING DEAL WITH PHANTOM FIBER

White label provider to use Phantom's technology in new mobile ventures

The US mobile gambling platform technology specialist Phantom Fiber has announced a five year exclusive wireless gaming agreement with Betoptions, a white label provider for online sportsbooks.

A statement from Phantom reported that: "The business terms of our agreement with Betoptions are based on a user fee revenue model generated through mobile application usage in addition to service maintenance fees."

Betoptions developed and launched its first licensee WagerPlayer in May 2002, and clients include the Mansion group, Sports Acumen and Bowmans International.

Jeff Halloran, president and chief executive of Phantom Fiber, said: "Betoptions has proved itself by delivering an advanced gaming platform called Wagerplayer which currently powers many of the leading brands in the sports and horse racing segments of the global gaming industry, with benchmarks of 10,000 bets per minutes using an advanced risk management system with real-time alerts."

The mobile gaming agreement comes into effect immediately.