Excellent Outlook for Mobile Specialists Probability
According to analysts, the company Probability, which specialises in mobile online gambling, are doing extremely well. With the availability of smart phones ever increasing the company has massively grown in scope.
Recently the company took a big step when it announced the acquisition of a gambling license in the Italian jurisdiction.
Probability said that it will be introducing a white label offering to the Italian market which will complement their existing B2B service in the UK.
The firm is also making money from investments in mobile advertising, including Facebook’s newly revamped mobile offering.
Charles Cohen, Probability’s Chief Executive Officer, said that the company “remain determined to capitalise on our first mover advantage in mobile gambling and we believe this market is now at a tipping point.
Over half the adult population in the UK now has a smartphone, up from 30% in 2011. In our prime demographic of 18-29 year olds, 75% have one. In Italy, it’s 49%.”
He went on to say that the company has “the proven technology, the expertise, the regulatory status, the talent and the resources to take a sizable portion of what will clearly be a major part of the global gambling business over the next few years.”
Overall, it’s very probably that Probabilty will continue to do extremely well.