The Gibraltar-based mobile gaming specialist Probability has been awarded a remote gambling licence in Italy.
The award of the licence, which is valid for 10 years, follows Probability’s acquisition of business-to-business mobile gambling developer Playyoo earlier this year and extends their mobile offering to include one of Europe’s largest regulated markets.
Probability CEO Charles Cohen said: "The conditions are ideal for us to enter this market with a full white-label offering alongside the B2B business we already operate there following the Playyoo acquisition.”
"Our expertise in mobile gambling is tailor-made for Italy, where some 30 per cent of adults now have a smartphone and where slots games - our best performer in the UK market - are by far the most popular way to gamble.”
Cohen added: "With the licensing of slots for online and mobile users expected to start later this year, we feel we are in the right place at the right time, with the right offering, to succeed in this very exciting European market."
