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Lucrative Deals Push Probability Revenues Up |
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Friday, 11 July 2008 |
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Two particularly lucrative deals signed between Probability mobile gaming developer and other companies resulted in impressive revenues in its first quarter. During this time period, Probability partnered with the UK mobile phone supplier, 3, and had its software pre-installed in millions of handsets this year. In addition, the company signed an exclusive deal with Paramount Pictures to develop slot games based on classic movies. “We are pleased to be able to demonstrate, once again, the strength of this fast growing business, with record quarterly customer acquisition and net gaming revenues,” said Charles Cohen, CEO of Probability. “From a longer term perspective, however, the two deals announced this quarter are of real strategic significance. No mobile network anywhere in the world has, to our knowledge, ever previously agreed to preinstall a link on all its current phones to a gambling service.”
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