Probability announces 44pc rise in gaming revenue

Probability announces 44pc rise in gaming revenue

Wednesday, July 11, 2012

Mobile gaming specialist Probability announced a 44pc rise in net gaming revenues, to £2.26m for the quarter ending June 30. The company added that a similar rise in player deposits points to a stable operating margin. It said that it had also made a breakthrough in getting its Lady Luck’s application into the Apple App Store during the period.

"The-long term impact of this on our business can't be predicted but early signs are good,” said chief executive Charles Cohen. “The app is a free download and allows people to create or access their LadyLuck's account in the normal way, playing with and for real money on their iPhone, iPod or iPad.

“No fees or commissions are paid to Apple by us or by players for use the games in the App."
 

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