Business
ChallengerX to commence first projects for MOS
ChallengerX to commence first projects for MOS.
About this update from Gana Media Group Plc
[{"type":"text","content":"\n\n1.00pm 25th March 2025\n \nMobile Streams plc\n(\"MOS\" or \"the Company\")\n \nChallengerX to commence first projects for MOS\n \nMobile Streams Plc, the Company, is delighted to announce that it has identified the first projects ChallengerX Plc (CXS) (Investors - ChallengerX) and its subsidiary NYCE (www.nyceint.com) will work on under the agreement between MOS and CXS to provide consultancy services. There work will commence on our portfolio of Livescores sites and advising on optimising the growth of Mobilegaming.com initially looking at affiliation services. ChallengerX will be assessing the sites to ensure revenue is maximised.\n\nMOS are also looking at the possibly of NYCE advising on maximising betting conversion rates in its Mexican investment sports media business Estadio ( www.estadiodeportes.mx ). Ensuring industry leading levels of conversion is a key focus of the Company as \"Bet\" is launching to the public imminently. \nThis is a major focus for MOS, considering the RNS dated 20th March 2025 that stated MOS has agreed to purchase an additional 12.50%, in additional to the 10% it already owns, with a call option to acquire a further 67.50%. If called, would bring the Company's total holding in Capital Media Sports to 90%.\n\n \n\nMark Epstein CEO of Mobile Streams said:\n\"We are very happy to have identified key projects where CXS can utilise their knowledge and understanding of the betting landscape to help MOS drive forward quickly and efficiently. MOS is growing fast going from strength to strength and we look forward to CXS helping us maximise that growth.\n \nFarzad Peyman, CEO of ChallengerX said:\n\"It's great to be working with such a talented team at MOS. We cannot wait to get started and help them maximise the significant opportunities in front of them.\"\n \n\n \nFor further information, please contact:\n \nMobile Streams plc\nJohn Barker, Chairman\n+44 7711 920 865\nwww.mobilestreams.com\n \nBeaumont Cornish (Nominated Adviser)\nJames Biddle and Roland Cornish\n+44 (0) 20 7628 3396\n\n\nPeterhouse Capital Limited (Broker)\nLucy Williams, Duncan Vasey and Eran Zucker\n+44 (0) 20 7469 0930\n \n \nAbout Reach announcements\nThis is a Reach announcement. Reach is an investor communication service aimed at assisting listed and unli...