Hop-on, Inc. announced in April that they have finalized an Interactive Wagering License Agreement with The European Union Company to take wagers from EU and Asia bettors.
Now with real time access from their mobile phones Hop-on’s newly improved software will allow players access to gaming via their mobile phones anywhere, anytime. This instant access is opening doors for a new way to gamble which has not previously been possible before, referred to as “on the spot” interactive mobile gambling. With Hop-on’s mobile gambling software, users will be able to place their bet instantly while the event is in process, allowing bets on who will score the next touchdown in a football game or who will hit the next home run in a baseball game in progress, in real time.
Hop-on’s exclusive software operates via streaming live interactive feed sent from legal jurisdictions on personal cell phones. Hop-on is currently building up their services to incorporate value-added services, like mobile gambling and SMS wagering. In order to finalize the deal, Hop-on will seek third party authentification for the software. Everything is set in gear to make this a legitimate gaming system that gamers will feel secure betting in. Unfortunatly, however, this license agreement won’t allow bettors from players from the US to participate in on the spot wagering. Hop-on will be available, though, for wagerers from other legal jurisdiction all over the world.
President and CEO of Hop-on states, Peter Michaels says, “This is a killer application, proposition wagering in real time! With the economy being difficult, Hop-on is looking for alternatives for a recession proof business model. This license agreement will pay ongoing royalties that will grow as the attraction spreads through the players. We are excited about finally launching our gaming technology in Europe.”
Michaels continues, “Online, worldwide wagering from legal jurisdictions will be likened to a broken slot machine for Hop-on and our shareholders. When slot machines are broken, the payouts attract much attention and play. As in Las Vegas, it wasn’t built on players winning; it was built on the casinos’ profit.”