Tuesday, March 12, 2013 10:13:45 AM
9:42 AM ET 3/12/13 | Marketwatch
SAN FRANCISCO (MarketWatch) -- Shares of Glu Mobile jumped more than 20% to $2.91 on Tuesday morning after the developer of mobile games announced that it has launched its first real-money gambling offering in the U.K. In a statement, Glu said it has partnered with Probability plc to launch a mobile slot game featuring intellectual property from its "Samurai vs. Zombies Defense" title. "We anticipate that real-money gambling will continue to gain momentum globally and believe that with this offering, Glu is well positioned to capitalize to the extent that additional markets adjust regulations," Glu CEO Niccolo de Masi said in a statement.
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