Probability: building a 'very large' business for the future
Mobile phone-based slot gaming specialist Probability (LON:PBTY) enjoyed a strong three months as revenues and player deposits rose over 40 per cent. Probability said net gaming revenues were £2.26...
View ArticleUPDATE: Probability moves quickly to get foothold in Italy with Playyoo buy
...adds comments from Numis... Probability (LON:PBTY) is to buy Playyoo for £1.8 mln to establish an early leader position in Italy ahead of the lifting of restrictions on mobile cash games. The...
View ArticleProbability moves quickly to get foothold in Italy with Playyoo buy
Probability (LON:PBTY) is to buy Playyoo for £1.8 mln to establish an early leader position in Italy ahead of the lifting of restrictions on mobile cash games. The mobile slot gaming specialist has...
View ArticleProbability revenues up by a third as TV spend pays off
Growing use of smartphones and the benefits of a heavy TV campaign helped lift annual revenues at mobile phone gaming specialist Probability (LON:PBTY) by a third. The LadyLuck’s brand owner added...
View ArticleUPDATE: Probability going from strength to strength says Numis
Probability (LON:PBTY) is going from strength to strength according to broker Numis, which expects the mobile slot gaming firm’s revenues to jump 52 per cent in the current twelve months. The...
View ArticleProbability appoints technology veteran as new chairman
Mobile gaming specialist Probability (LON:PBTY) has appointed a tech veteran to replace its departing chairman. Mike Shinya will take over the non-executive position immediately following the...
View ArticleProbability boss says path to profitability is clear
Charles Cohen, chief executive of Probability (LON:PBTY), says his firm is in for the long haul - when it comes to exploiting the business potential of gambling on mobile phones. "Our path to...
View ArticleProbability expands potential European market with Italian gambling licence
Probability (LON:PBTY) has expanded its European market for mobile gambling with the award of a remote gambling licence for Italy. It comes three months after the company made its first steps into the...
View ArticleProbability signs up Lottomatica in Italy
Mobile gaming specialist Probability (LON:PBTY) is moving quickly to take advantage of regulatory changes in Italy, and has inked a deal with Lottomatica.Probability has agreed to supply its hosted...
View ArticleProbability confident on full year performance; posts 22.5% increase in Q3...
Probability (LON:PBTY) expects to expand its offering in the UK and Italy and remains confident of performing in line with guidance for the year to March 31 this year. Net gaming revenue in the third...
View ArticleUPDATE: Probability confident on full year performance
---Adds share price and quotes from chief executive--- Probability (LON:PBTY) expects to expand its offering in the UK and Italy and remains confident of performing in line with guidance for the year...
View ArticleProbability appoints finance chief as it moves towards profitability
Mobile gaming specialist Probability (LON:PBTY) has appointed a chief financial officer and said it is moving towards profitability. Qurban Hussain has a strong background in finance and the online...
View ArticleProbability: Italian customer launches first smartphone slot games
Mobile gaming firm Probability's (LON:PBTY) Italian customer has launched online slot games for smartphones ahead of schedule. Casino Planet, the online gaming brand of Neomobile Group, said the...
View ArticleProbability reveals Fidelity as its latest major shareholder
Mobile gaming specialist Probability (LON:PBTY) this morning confirmed that a significant new investor had joined its shareholder register. In regulatory statement on the stock exchange it revealed...
View ArticleUpdate: Probability = Profitability
-- Adds comments from chief financial officer and updates share price reaction -- Mobile gaming specialist Probability (LON:PBTY) has broken through to the black. The three months to the end of March –...
View ArticleUPDATE: Probability whets gamers' appetites with six new games
-- Adds comments from COO -- Mobile gaming specialist Probability (LON:PBTY) has released six new high definition (HD) slots games for theApple, Android and Blackberry mobile operating systems....
View ArticleProbability whets gamers' appetites with six new games
Mobile gaming specialist Probability (LON:PBTY) has released six new high definition (HD) slots games for theApple, Android and Blackberry mobile operating systems. Maintaining its place at the cutting...
View ArticleProbability's new game caters to foibles of roulette players
The attention span of mobile phone users is famously low so mobile gaming specialist Probability (LON:PBTY) is keeping the new releases flowing. The latest release is a high definition (HD) real money...
View ArticleUPDATE: Probabilty increasing investment in customer acquisition
-- Adds broker comment -- Mobile gaming specialist Probability (LON:PBTY) achieved all of its technology and operational goals in time and on budget last year. In a results statement covering the year...
View ArticleProbability: Numis retains ‘buy’ and says potential is still intact
Probability’s (LON:PBTY) potential profitability is still intact according to City firm Numis Securities. Numis today repeated its ‘buy’ recommendation, but reduced the price target to 80p (current...
View ArticleProbability offers new mobile payment method for users
Users of mobile gambling specialist Probability (LON:PBTY) will now have the option to pay instantly using their handsets after the firm announced a tie-up with Boku. Boku is a leading provider of such...
View ArticleProbability nabs mobile gaming veteran for CCO role
The former boss of William Hill Mobile has taken up the role of chief commercial officer at mobile gambling software specialist Probability (LON:PBTY). Michael Byrne was head of Mobile at William Hill...
View ArticleUPDATE - Probability set for Italian lift
---ADDS BROKER COMMENT--- Mobile gaming software firm Probability (LON:PBTY) said customer acquisition costs appear to have stabilised at sustainable levels after a mad period earlier this year. In a...
View ArticleProbability to reward punters just for logging in
Mobile gaming specialist Probability (LON:PBTY) plans to reward all of its players just for logging in each day. It has launched a 'Daily Bonus Bonanza', a daily promotion that brings a successful...
View ArticleProbability in talks with casino operators as it eyes US
Mobile gaming software specialist Probability (LON:PBTY) is starting to see growth again after taking action to reshape its business-to-consumer (B2C) activities. As previously announced in October,...
View ArticleUPDATE - Probability shares surge 50% as GTECH swoops
---ADDS SHARE PRICE --- Shares in Probability (LON:PBTY) spiked over 50% after it agreed to be bought by its partner GTECH in a deal that values the mobile gaming specialist at £18mln. Investors are...
View ArticleIntertain Group gets price target lift from Dundee Capital on Jackpotjoy...
Online gaming company Intertain Group (TSE:IT) received a higher price target today from analysts at Dundee Capital Markets on the back of its $650 million acquisition of the Jackpotjoy bingo business...
View ArticleIntertain posts winning Q4 results, to benefit further from Jackpotjoy deal
Online gaming company Intertain Group (TSE:IT), which recently announced a $650 million acquisition of the Jackpotjoy bingo business from UK-based Gamesys, reported solid fourth quarter top and bottom...
View ArticleContagious Gaming confirms Sportech takeover talks
Gaming and software supplier Contagious Gaming (TSE:CNS) confirmed today that it is in talks to acquire UK rival Sportech (LON:SPO). The Canada-based firm said the talks are based around a...
View ArticleContagious Gaming has until October for Sportech bid
Contagious Gaming (CVE:CNS) has confirmed that the deadline for it to make a firm offer for London listed Sportech (LON:SPO) has been extended to October 9. Last month the Canadian company revealed it...
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