$GLUU Glu Partner - Probability awarded Itali
Post# of 29735
Posted On: 11/19/2012 2:37:29 PM
$GLUU
Glu Partner - Probability awarded Italian gambling license
http://www.gaming-awards.com/NEWS/probability...g-license/
Probability, the mobile gambling specialist, announces that its wholly owned subsidiary, Probability (Gibraltar) Limited, has been awarded a remote gambling license in Italy.
The new license is valid for ten years. It greatlyexpands Probability’s addressable market for mobile gambling services by giving the Company direct access to one of the largest legal gambling markets in Europe just as it is opening up the mostpopular forms of online and mobile gambling.
The award of the license comes three months after Probability made its first step into the Italian market by acquiring the business-to-businessmobile gambling developer, Playyoo SA. The new license allows Probability to leverage that investment further by adding a complementary White Label service.
Commenting on the new license, Probability CEO Charles Cohen said:
“The conditions are ideal for us to enter this market with afull White Label offering alongside the B2B business we already operatethere following the Playyoo acquisition.
“Our expertise in mobile gambling is tailor made for Italy, where some 30%of adults now have a smartphone and where slots games – our best performer in the UK market – are by far the most popular way to gamble (notes 2,3).
“With the licensing of slots for online and mobile users expected to start later this year, we feel we are in the right place at the right time, with the right offering, to succeed in this very exciting European market.”
Glu Partner - Probability awarded Italian gambling license
http://www.gaming-awards.com/NEWS/probability...g-license/
Probability, the mobile gambling specialist, announces that its wholly owned subsidiary, Probability (Gibraltar) Limited, has been awarded a remote gambling license in Italy.
The new license is valid for ten years. It greatlyexpands Probability’s addressable market for mobile gambling services by giving the Company direct access to one of the largest legal gambling markets in Europe just as it is opening up the mostpopular forms of online and mobile gambling.
The award of the license comes three months after Probability made its first step into the Italian market by acquiring the business-to-businessmobile gambling developer, Playyoo SA. The new license allows Probability to leverage that investment further by adding a complementary White Label service.
Commenting on the new license, Probability CEO Charles Cohen said:
“The conditions are ideal for us to enter this market with afull White Label offering alongside the B2B business we already operatethere following the Playyoo acquisition.
“Our expertise in mobile gambling is tailor made for Italy, where some 30%of adults now have a smartphone and where slots games – our best performer in the UK market – are by far the most popular way to gamble (notes 2,3).
“With the licensing of slots for online and mobile users expected to start later this year, we feel we are in the right place at the right time, with the right offering, to succeed in this very exciting European market.”
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