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Prospects Looking Good for Probability

Probability, plc is a top mobile online casinos software provider with an innovative gaming platform and portfolio of games. And like many companies involved in the mobile gambling industry, profits are increasing as more and more players enter this emerging industry. Probability announced a fourth quarter report above previous expectations, which is leading many online casinos industry analysts to believe that the company will show significant growth in both new business and profits by the end of 2008.

The mobile online casinos gambling industry really only began to emerge heavily in the last couple of years and already the industry has taken off. There are only a handful of companies creating mobile gambling solutions for internet gambling companies looking to offer existing gaming options to players with mobile devices. Probability is an established leader in this sector of the industry which bodes well for future progress.

The fourth quarter show that the company holds a strong cash balance of GBP 2.8 million which is certainly a positive as Probability continues to grow and expand into the industry. The CEO at Probability, Charles Cohen, commented on the released report, “The second half of 2007 has proven to be a period of transition for us. We have delivered on our promises to become a cash-generative leader in the mobile gambling sector and created a platform for strong, future growth.”

The company has yet to issue the full-year results, but by all indications the report will similarly indicate that Probability is well on its way to maintaining its position as an mobile online casinos gambling industry leader.