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Monstermob - Launches betting game

May 2004

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • MOB
As we predicted in last month's main write-up, Monstermob has announced the launch of a new range of pay-to-play mobile phone bettinggames, which will be operated by mLotto under a new brand "Spin 2 Win."mLotto, which last December launched the UK's first mobile phone lottery in conjunction with T-Mobile, has developed all of the technology in-house and will share net revenues with Monstermob.  The agreement also involves Monstermob taking options to acquire 5% of mLotto's share capital. The new java betting games are simple to use and offer cash winnings of 25p right up to £100,000 from fixed price stakes of 25p.  The first, a classic three-reel slot machine, willlaunch in April and will be followed by card play and raci ...

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Related Articles

Monstermob - Competition bites (July 2004)
Monstermob - Mobile phone entertainment provider hits jackpot with Dixons deal (April 2004)
Monstermob - Mobile phone entertainment group eyes float (December 2003)

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