Mobile Gambling Firm, Probability Is Rising
Published: Tuesday, July 31, 2007 Online-Casinos.com
PROBABILITY RISING
Good first quarter results from mobile technology provider
Probability plc, a publicly listed mobile gambling technology specialist firm has posted a generally positive first quarter report that shows gross profit to end June up by 15.5 percent and a player base that has grown by 14 percent.
Mobile Bingo supplied the main impetus for growth, the company reveals, adding that it expects a positive business result to flow from the smoking ban in public places in England since July 1, as players who are forced outside to smoke are more likely to use their mobile phones to help pass the time.
Cash balance as at the end of June 2007 stood at an impressive GBP 1.23 million in line with earlier analyst and company expectations.
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