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Mobile phone gambling specialist Probability Plc partners with Orbis Technology

Published: 18:11 31 Jul 2009 AEST

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Shares in Probability plc (AIM: PBTY) were in demand this morning after the company announced an agreement with Orbis Technology and reported key performance indicators (‘KPI’s’) for the first quarter of its financial year.


For the period covering 1 April to 30 June 2009, Probability’s net gaming revenues rose to approximately £1.25 million (Q4 2008: £1.12 million) while the company added 67,650 new customers (Q4 2008: 49,506).  Net gaming revenues also climbed by approximately 11% quarter on quarter.  “The trend to increased volume in recruitment and yield from customers is expected to continue into the summer months, supported by planned major game launches, including 'Battleship' and 'The X Factor' slots games,” Probability noted.


The mobile phone gambling specialist also announced an agreement with Orbis Technology, which allows all Orbis OpenBet and Fixed Odds Games customers to “seamlessly deploy” Probability’s mobile games including bingo, poker and slots.


“Probability has successfully developed software that allows its entire offering of over more than thirty mobile games to be made available to Orbis customers, which include many of the biggest names in on-line betting and gaming, including SkyBet, PaddyPower and Ladbrokes.”


Not surprisingly, Probability’s CEO Charles Cohen was pleased with the agreement: “For Orbis customers looking for a quick and easy way to extend their existing on-line service into mobile, we now offer a solution with technology they already use, plus seamless operation with existing back-office and payments services. Regulator approval is also greatly simplified for each new site and Orbis customers can utilise our real-time CRM and other services as well.
Shares in Probability rose 3.5%.

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