Probability Share Discussion Threads

[beeezzz] 28/8/2012 17:04

Well a reasonable set of results, going in the right direction, I can't see the share price moving much until they are in the black, loosing money in this market place is no no.

[beeezzz] 10/8/2012 11:07

I assumed results were due today, if not when?

[cestnous] 27/7/2012 16:05

How come they put the bid up on such low volume? Something coming or a cynical maneuver.

[beeezzz] 24/7/2012 13:50

Well that good news did wonders for share price Hmmmm

[lucky_punter] 20/7/2012 12:28

Probability (LON:PBTY) is to buy Playyoo for £1.8 mln to establish an early leader position in Italy ahead of the lifting of restrictions on mobile cash games.
The mobile slot gaming specialist has revealed plans to buy the Swiss group just weeks after Italy announced it was lifting its ban on mobile cash games from December.

[lucky_punter] 20/7/2012 12:28

Probability (LON:PBTY) is to buy Playyoo for £1.8 mln to establish an early leader position in Italy ahead of the lifting of restrictions on mobile cash games.
The mobile slot gaming specialist has revealed plans to buy the Swiss group just weeks after Italy announced it was lifting its ban on mobile cash games from December.

[rambutan2] 19/7/2012 09:58

"Based upon the strength of contracts already signed, the pipeline of new products and the potential of additional revenues from slots games after December 2012, the company expects the acquisition to be earnings accretive in the next full financial year," Probability added.

According to broker Numis, this "relatively low-risk" acquisition is transformational for the company, which is positioning itself to be a leader in the Italian mobile casino market.

[rambutan2] 19/7/2012 09:40

Mi piace!



Charles Cohen, Chief Executive of Probability, said:

"This acquisition gives us immediate access to the Italian gambling market,
early revenues, and the opportunity to grow rapidly as the market opens up to
slots later this year.

"The Italian gambling market has only recently been fully regulated and there
are only a small number of operators live from the first wave of license
applications. Playyoo has established an early lead and together we will build
on that.

"Italy is, in our view, the most attractive of all regulated European markets
outside the UK at the present time.

"Italy has a very high penetration of smartphones with 21 million smartphone
users compared to 25 million in the UK (note 2). Italian gamblers also appear
to prefer slots and gaming products to sports betting. Slot machines, for
example, collected EUR44.8bn in Italy in 2011, 56% of the entire Italian gambling
market (note 3).

"Slots games are the cornerstone of our product offering for mobiles and the
Italian government recently announced it would permit mobile and online slots
from December this year.

"Buying Playyoo fast-tracks us into this market with a proven technology which
already meets the stringent requirements of the Italian regulatory system, a
great team of people and established customer relationships with major
operators who we are very excited to have the opportunity to work with.

"I am also pleased to be able to welcome Rocco Pellegrinelli, the founding
investor in Playyoo, to our Board. Rocco will help to ensure we deliver maximum
value from the acquisition and his insights into the Italian and other European
markets will be extremely helpful."

[lucky_punter] 12/7/2012 14:09

Mobile phone-based slot gaming specialist Probability (LON:PBTY) enjoyed a strong three months as revenues and player deposits rose over 40 per cent.

[beeezzz] 26/6/2012 11:14

I hope this company starts to appreciate it's long suffering share holders, it's like running through treacle, is the share price stuck or is no one realizing the potential of this company.

I suppose it all comes down to announcing a decent profit and share price goes over £1.

[the analyst] 25/6/2012 14:21

16 Ratings so far, averaging 4 stars.

[the analyst] 25/6/2012 14:17

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[the analyst] 25/6/2012 14:17

Lady Luck have a free app on the Apple Store.

Introduced on 09 June, by the looks of it:

[fuiseog] 25/6/2012 14:02

Davy says:

"William Hill's successful licence application in Nevada is a positive development for the group. First and foremost, it allows the company to complete the previously announced acquisitions, giving it its first presence in the United States. As the US market develops over time, having such a base may provide William Hill with other commercial opportunities � it is unlikely that the group's US ambitions stop here. The pace of further development is largely out of its hands. It will depend on the pace of regulatory change. However, this licence win is an important first step in what is likely to be a major online market should regulation be forthcoming over time."

[rambutan2] 22/6/2012 15:11

Worth noting - William Hill gets its Nevada licence...

[beeezzz] 16/5/2012 15:40

Bit of volume today maybe something brewing, Oh yes it's my tea!!!! Ta-Ta

[rambutan2] 10/5/2012 15:38

From RNK's ims today...

A large part of Rank Interactive's progress over the last 18 weeks is attributable to the progress we have made in improving our brands' mobile channel. In response to the increasing importance of this channel, Rank Interactive continues to develop its mobile gaming products. During the period the Group has released an upgraded bingo application under the Mecca brand which is optimised for the ipad. In addition, we have released 15 new online games across our brand portfolio.

[trentendboy] 10/5/2012 13:02

It is interesting to note that Probability has moved to Numis as a broker.

It might be noteworthy that BWIN are also with Numis.

I can see PBTY being snapped up next year.

[scott90] 02/5/2012 22:55

Interesting interview with Charles Cohen, CEO -

[lucky_punter] 27/4/2012 13:17

Probability (LON:PBTY) expects 2012 to be a big year for the business, as all key performance indicators in the fourth quarter are showing very strong growth and the mobile gambling specialist does not see the trend slowing any time soon.