Mobile Streams PLC on Thursday celebrated progress for one of its investee businesses, after it began a Beta phase as planned.

According to the London-based mobile content provider, the Mexican casino and sports book business in which it has invested has made progressed to the next phase of development as scheduled.

This marks a ‘major step’ towards the business bringing together multiple work streams.

Mobile Streams said it would provide more information ‘shortly’.

‘We are extremely pleased to see the Mexican casino and sports book business progressing to its final phase prior to a formal launch. I know all of the teams, both partners and MOS, have been working extremely hard to achieve this milestone,’ said Chief Executive Officer Mark Epstein.

Shares in Mobile Streams were trading 4.5% higher at 0.042 pence each in London on Thursday morning.

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