Shares in Probability , the mobile phone gambling specialist, continued their recent run with a 5% uplift in the share price this morning. The shares were buoyed by news that Probability's key performance indicators ('KPI's') continued to grow quarter on quarter. 3rd quarter KPI's released this morning showed net gaming revenues up 38% to £0.93 million, and total new customers up 22% to 276,275. Probability ended the quarter with cash reserves "in excess of £1 million" and the Company added that it witnessed its busiest day on December 23rd, wrapping up a "exceptionally strong" Christmas trading period.
Charles Cohen, CEO of Probability added:
"This was another exceptionally strong quarter for Probability, having passed the milestone of making our first full quarter's profit. The gambling sector is traditionally defensive, and I believe that while the credit crunch may be keeping people away from the shops, many of them seem to be very happy to play our slots, Bingo and Roulette games on their mobiles instead of tramping up and down the high street."