Glu Mobile has launched its first real-money gambling game, Samurai vs. Zombies slots and immediately shores its shares rise by more than 20% to $2.91.
The game has been launched in partnership with the mobile betting game designer Probability and is currently available for the UK market on both Android and Apple devices.
Players can choose the cash stake per line they want to bet and the number of paylines they want to bet on (from 1 to 50), the maximum payout is $9,000.
Glu is intending to launch more mobile gambling games in the next few months and they will be marketed as part of the Probability portfolio.
Bookmakers that have partnered with Probability, such as Ladbrokes and William Hill, will also be able to offer the games. There are also plans to expand to international markets.
Glu is planning to release around 15 new mobile games this year including five in the first quarter, Dragon Strom, Gun Bros 2, Stardom Hollywood, Small City and Samurai vs. Zombies Defence 2.