Upsurge in iPhone income for Probability

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October 16th, 2010

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… and a relocation to Gibraltar in the near future

Probability, an AIM-listed mobile gambling specialist is experiencing a sharp lift in income from its iPhone products. It’s newly launched iPhone “Touch Casino” product has been described as the “most significant single contributor of new revenues”.

The Company has also announced that it will transfer day to day operations from Alderney, where it is currently licenced, to Gibraltar as soon as is practicable. Probability is the first new company to be issued a licence in Gibraltar since 2008. Probability’s COO, Glen Elliott, has already relocated to Gibraltar in anticipation of the company’s move.

In other company news – Probability announced the release this month of a dedicated Android “App“ which has been accepted into the official “Android Marketplace” (equivalent to Apple’s iTunes AppStore). It called the uptake in the first few days of launch “very encouraging”.

“We are seeing the benefits now of our strategic initiative started some 18 months ago now to create a long term platform for Probability”, says Charles Cohen, Chief Executive Officer of Probability.

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