Italian Growth Doesn’t Halt Probability Losses
Posted: January 28, 2014
Updated: October 4, 2017
Mobile casino games company Probability have suffered a 13% drop in their year on year net gaming revenue, despite significant growth in their Italian operations.
Probability are most famous for their Lady Lucks mobile casino, but are more familiar in Business to Business circles. Indeed, their integrated mobile casino and gaming technology – including their Slot-O-Matic technology – has put them at the forefront of the mobile casino technology world.
It’s their HD games that gamblers will be more familiar with, though, with games such as Samurai Vs Zombies and Pots O Plenty popular amongst mobile gambling fans.
Italy is the strongpoint, though
It’s in Italy, however, where Probability have made the most gains, helped by their launch in 2013 of a
Daily Bonus Bonanza feature to UK and Italian markets.
The company are even backed by Italian gambling law, after being awarded a remote gambling license by the state in late 2012. That license has surely helped them on the way towards a 36% growth in their Italian operations.
Considering the potential shut down of the Italian online gambling market in 2013 – a draft bill was passed by the government, perhaps without reading every clause, that could have put an end to remote gambling – this is positive news for the software company. They’ll be hoping the rest of their operations follow suit sooner rather than later.