Nambling Notes - Nov. 28, 2007

28 November 2007

Orange and Probability -- Mobile gambling services provider Probability PLC today announced an agreement to supply its casual gambling games to mobile telephone provider Orange, part of the France Telecom Group. No financial details were disclosed, but the deal is a revenue sharing agreement set out initially for 12 months. Probability said the service is expected to go live before the end of December.

Ladbrokes Italian Style -- Ladbrokes Italia today announced the launch of its betting Web site. According to the company, 2,500 Italian customers pre-registered with the site ahead of launch. The site is licensed by the Italian government and offers sports betting for now. By next year it will offer betting on horseracing and skill games.

Reporting -- Media Corporation Plc has released preliminary results for the year ended Sept. 30, 2007. Highlights include a 20 percent increase in EBIDTA to £3.0 million (2006: £2.5 million) and year-end cash balances of £6.3 million (2006: £5.3 million).

Network Change-up -- Online casino Canbet.com has made its second software provider change this year. After switching to the Poker Network earlier this year, Canbet.com announced on Tuesday that it was moving to Microgaming.

Stock Watch -- It was an active day on the LSE. At close Playtech was up 14.50p to 389, British Sky Broadcasting was at 635, up 10.50p, Rank Group was up 8.75p to 92.25, 888 was up 4.50p to 136.50 and William Hill was up 16.75p to 507. Meanwhile, Fun Technologies closed at 163, down 3.50p.