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DragonFish And Probability

The AIM-listed mobile gambling company Probability plc has teamed with 888.com's B2B division Dragonfish in a venture to provide mobile gambling to markets in China, South and Central America.
 
In the multi-year deal, Probability and Dragonfish will develop and execute opportunities for mobile gaming and mobile lottery services in a number of territories in a partnership based on the complementary strengths of the two companies. Probability will provide the mobile-specific technologies required for any engagement, whilst Dragonfish will deploy its expertise in business development, marketing, service and management of the contracts globally. 
 
Revenues generated from commercial opportunities will be shared between the companies.
 
Probability CEO Charles Cohen said: "The signing of this agreement underpins Probability's status as the leading end-to-end supplier of mobile gaming and mobile lottery technology and services. It also represents a leap forward for our nascent business-to-business offering, giving us fast track access to global markets with a highly reputable and capable partner.

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"Dragonfish has already identified a number of opportunities for us to explore together and we look forward to keeping investors apprised of key developments as they arise."
 
Gabi Campos, Managing Director of Dragonfish, commented: "Dragonfish has an excellent track record in developing partnerships in new growth markets and our agreement with Probability creates another platform for us to work with new partners under government licensing."

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Gambling News :

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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