Maintaining Positive Flow
The Probability mobile software games developer has announced that the company
anticipates an entirely cash positive fiscal year in the industry. The new
year-end results indicated that the company was able to operate in the black
from the third quarter onward and that new developments and initiatives at
Probability will enable the company to continue generating positive revenues. In
addition to developing exclusively themed mobile gaming content the company has
lowered operating losses and further penetrated the UK mobile online casino
gambling market – all of these together bode well for the company’s continued
success.
An exclusive licensing deal with Paramount Pictures means that Probability is
able to develop three of Paramount’s major movie themes for distribution on its
mobile gaming platform. Themed content is a very strong way for software
development companies to gain business – this is extremely popular in the online
casino gambling industry. Gamblers – both mobile and online, seem to flock to
the familiarity of themed content. They know the games and enjoy the thrill of
seeing their favorite movie heroes starring in their slots game.
In addition to the deal with Paramount, Probability has a deal with the 3 Mobile
network to offer the mobile online casino company’s flagship product, the
LadyLuck service, as a standard feature on all of 3’s mobile phones.
The new features and deals that are in the works, coupled with the surges in the
UK mobile gambling market are largely to thanks for Probability’s impressive
performance this past fiscal year. The mobile online gambling market is
currently far from saturated and Probability is perfectly poised to benefit from
expansions in the industry as they organically occur. |