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UK Mobile Gambling Company Looking to USA

01/16/2012 : Probability plc already talking to potential US partners
 
The reversal of the US Department of Justice's interpretation of illegal gambling under the Wire Act has encouraged the UK mobile gambling technology firm Probability plc to look across the Atlantic for  potential partners, a statement from the company announced Monday.
 
Chief executive Charles Cohen said that his company was already exploring possibilities with several potential US associates.
 
“We are very excited by the prospect of individual states opening their local markets and already it seems that several are making plans to do just that,” said Cohen.
 
"This is a perfect scenario for mobile gambling because mobile is the only platform where the location of the user can be assured with any degree of certainty at the time they place their bets. Over 109,000,000 Americans are already using apps on smartphones which are capable of running our games”.
 
"We intend to actively pursue this opportunity and are already engaged in early stage discussions with several parties in the US to explore our options," he said, adding that current trading was strong in the last three months of 2011, with record player deposits on Christmas Eve.
 
Net Gaming Revenue at Probability rose 27 percent to GBP 1.88 million over October and December compared to the same period last year, with total money deposited by customers into their gaming accounts 48 percent higher. 
 
There was a 55 percent increase in the share of deposits coming from iPhone, Android and other Touch device users in the quarter.
 
“We are clearly seeing the benefits now of our increased and sustained investment in television advertising to attract new players," said Cohen. "Yields per player have continued to increase, due to continued product investment and our market leading CRM capability. Net gaming revenues were not just better compared to last year; they were also 10 percent above July to September this year.”
 
Probability is considering an increase its TV advertising, though says because of the six-month payback time from a TV campaign this would affect profitability in the short-term.
 
The US is part of Probability's ambitious expansion strategies and follows the imminent activation of its Caliente partnership service in Mexico, and application to the Italian regulator for licensing.



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Day 1a MPN Poker Tour Tallinn Main Event - Day 1a brought 106 entries into the €550 Main Event, with nearly as many players turning out for the last €35 super satellite into tomorrow’s Day 1b

NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday - Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.

Pro League Reveals Sportradar Contract Details - The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.

NFL Odds: Steelers Visit Undefeated Chiefs #TNF - The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.

Mega Moolah strikes again - The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.

2 New Slots For Microgaming Casinos - David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.

MLS Odds: Red Bulls vs. Whitecaps - The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.

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