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PROBABILITY TEAMS UP WITH ORBIS

Online Casino News

7 August 2009

Agreement widens the scope for Probability's growing inventory of mobile games
 

Management at mobile gambling specialist firm Probability plc was in confident mood as the week ended, having inked 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.

The deal makes it possible for the entire Probability offering of more than thirty mobile games to be made available to Orbis customers, which include many of the biggest names in onlline betting and gaming, including SkyBet, PaddyPower and Ladbrokes.

Probability CEO Charles Cohen commented: “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."

Cohen will also be pleased with his company's first quarter results, released in conjunction with news of the Orbis agreement. For the period covering 1 April to 30 June 2009, Probability’s net gaming revenues rose to approximately GBP 1.25 million (Q4 2008: GBP 1.12 million).

The company added 67 650 new customers (Q4 2008: 49 506) to take its total number of players for the year to 248 667.

“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,” a Probability spokesman noted.

The company reported a 60 percent rise in total net gaming revenues for its financial year to GBP 5 056 236.

The results follow earlier news (see previous InfoPowa report) that Probability had entered into a multi-year partnership with Dragonfish, 888.com's B2B division, to develop and execute opportunities for mobile gaming and lottery services.

“Since the start of March, we have experienced a strong upswing in customer activity both in terms of utilisation and new customer registrations spearheaded by the launch of Grease slots across all networks and to our player base of over 400,000 customers,” said Cohen.

“This game was an immediate hit, taking two million individual bets by new and existing players in the first month alone.

“This momentum has continued into April. Average daily net gaming revenues in the first half of April of 2009 was approximately 22 percent higher than the equivalent daily average across the whole of January of 2009. New customer acquisitions were 12 percent higher on the same basis.

“Most encouragingly, the average total deposits per cash player per day was 83 percent higher in the first half of April of 2009 than the equivalent figure for the whole of January of 2009."        

Online Casino News Courtesy of Infopowa

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