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Probability expands B2B operations to Italy with Playyoo

19th July 2012 7:45 am GMT

Probability plc has entered the Italian mobile gambling market following the acquisition of Switzerland’s Playyoo S.A, which develops and operates B2B gaming services for a number of licensed Italian operators including SNAI, Cogetech and NeoMobile.

Probability will acquire Playyoo for an initial consideration of approximately £1.8m, satisfied by the issue of 2,404,415 ordinary shares in the company (based on the closing price of 75 pence on July 17th), with up to a [...]

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