SOURCE: Spin Games LLC

June 18, 2013 06:00 ET

Spin Games and Probability PLC Enter Into Content Licensing and Distribution Agreement

RENO, NV--(Marketwired - Jun 18, 2013) - Spin Games LLC, a rising gaming content provider in the global slot industry of land based and interactive games, has entered into a mobile games content license and development agreement for regulated markets with Probability PLC, a leader in the mobile entertainment gambling industry.

Spin Games LLC will provide Probability with interactive gaming concepts and designs from its library of proven video poker and slots games. Probability will work with Spin to deploy HTML5 mobile versions of these games on Probability's mobile gaming platform and network. 

Charles Cohen at Probability commented, "The team at Spin Games has an amazing pedigree in video poker and slots for the land-based casino market, particularly in the US and Asia. Their deep understanding of these game genres and what players enjoy and look for in these formats mean that together we can create world-class mobile gambling content with proven appeal. Our initial focus is to add a portfolio of Spin Games' innovative video poker formats to our platform which will put these games within reach of millions of consumers using thousands of different mobile devices."

Kent Young, Founder and CEO, said, "Our goal is to provide operators with innovative content which can be deployed quickly and efficiently. The partnership with Probability combines Spin's innovative IP content with Probability's expertise in mobile content distribution throughout the European region. It's a great time to be in the interactive space; we see a significant long-term opportunity and believe the partnership will be extremely successful for both companies."

Probability is a leading technology provider to the mobile entertainment gambling industry in regulated markets. We offer a B2B white label solution to provide access to our network via 'Probability Managed' and 'Partner Managed' services, and B2C 'Own Brand' solutions via LadyLucks and Moobile Games. The business was founded in 2004 and is headquartered in London, UK with subsidiaries in Gibraltar and Switzerland.

Gambling services are operated by Probability (Gibraltar) Ltd. a wholly owned subsidiary of Probability PLC, which holds a remote gambling licence from the Government of Gibraltar. Probability Games Corporation Ltd. is licenced by the UK Gambling Commission. Probability floated on the London Stock Exchange in 2006 and is listed as PBTY. Probability entered into the Italian mobile gambling market in 2012, when it acquired the B2B provider Playyoo SA. 

Current clients include Rank Group, 888, William Hill, Paddy Power and more.

Founded in 2012, by Kent Young, Spin Games LLC is a rising leader in third party gaming content. With offices in Reno USA, and Bangkok Thailand, the company has extensive content development experience and expertise in developing unique concepts and premium/high end gaming content for both land-based and interactive applications. In addition, the company's portfolio includes innovative secondary bonusing products for the global slot industry. The company is currently developing an extensive range of products in HTML5 format targeting specifically the mobile interactive market. 

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