Mobile gaming specialist, Probability, and Dragonfish, the B2B online operator of gaming giant 888.com, has forged an alliance that will see the two companies offer mobile gaming and lottery services to potential markets.
Both Probability and Dragonfish are looking at China and the Latin American countries as potential markets for the envisioned services.
Under the multi-year strategic agreement, the partnership will see each company contributing their respective core competencies — Probability will offer its mobile technologies and expertise while Dragonfish will highlight its business development, marketing and management.
Revenues generated by the partnership will be shared by the two companies.
According to Probability CEO Charles Cohen:
“The signing of this agreement underpins Probability’s status as the leading end-to-end supplier of mobile gaming and mobile lottery technology and services. It also represents a leap forward for our nascent business-to-business offering giving us fast track access to global markets with a highly reputable and capable partner. Dragonfish has already identified a number of opportunities for us to explore together and we look forward to keeping investors apprised of key developments as they arise.”
Dragonfish Managing Director Gabi Campos also voiced his company’s enthusiasm with the deal:
“Dragonfish has an excellent track record in developing partnerships in new growth markets and our agreement with Probability creates another platform for us to work with new partners under government licensing.”