Mobile gambling provider Probability plc. says it plans to increase its UK consumer advertising expenditure after conditionally raising £2.8m through the placing of new shares.
The placing, which is subject to shareholder approval, is expected to provide £2.6m in net proceeds to the company, enabling it to pursue further growth in its UK business-to-consumer offering which includes the mobile gambling brands LadyLuck's and Moobile.
The Placing will also provide Probability with additional resources to pursue opportunities in [...]
