Probability has announced that former Betfair man Mark Davies has joined their board of directors. Davies was one of those that founded Betfair way back all that time ago and only left the firms last June. Commenting on the appointment, Graham Parr, chairman of Probability, said, “We are delighted to be welcoming Mark to our Board of Directors.
“This is a very exciting and pivotal period for Probability, as we move into profit and begin to explore opportunities in other regulated markets.
“Mark’s unrivalled knowledge of fast-growth gambling businesses, the nuances of regulation and of productive relationships with government and regulators will be tremendous assets to us as we enter this next phase of our own expansion.”
Davies’ role is independent non-executive director and the 40-year-old will continue his roles at Camberton Associates and Integrity in Sport.
The Gambling Commission, meanwhile, has tweaked the rules covering certain types of gaming machines. From today, stakes on B3 gaming machines will be increased to £2 with the number the same machines allowed in adult gaming centres (AGC) and bingo halls also increased. It means that premises can now offer 20% of their gaming machines as B3 category machines.
On the other side of the Atlantic, the Poker Players Alliance has given out detailed advice to those looking to recoup money from Full Tilt Poker, Ultimate Bet and Absolute Poker. The statement released read, “there is not a viable legal option for the PPA to raise a legal claim at this juncture.” The entire 23 page document can be found at this link.