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Probability

  • BY: Andrew Hore |
  • POSTED: 13/10/2008 |

Mobile gaming company Probability continues to add new customers but the pace of growth has slowed.

There were 56,297 new customers added in the three months to September 2008, with half of those added in September itself. There were 75,225 registered customers gained in the previous quarter. The number of additions in the latest quarter is still nearly double the same period in 2007. There was no figure for the current number of registered users.

Net gaming revenue rose 10% on the previous quarter to £1.37m. This means that Probability was profitable and generated cash in the quarter.

During the period King Creole Slots and Italian Job Racing games were launched. The Italian Job game generated more than 50,000 races on the day it was launched.

There will be 2m Three mobile phones with pre-installed links to Probability’s LadyLuck games distributed over the next year.

Probability shares edged up 0.5p to 44.5p each, valuing the company at £9.61m. 

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