Morning Brief: Why Grow Up?

Kenneth Alexander, the chief executive of Gaming VC Holdings, candidly discussed his company's first-half results by telephone this morning with IGamingNews.

The Luxembourg operator grabbed headlines in early September when buyout talks between it and a unnamed third party broke down. When asked, Mr. Alexander declined comment on the identity of the suitor and the prospect of future talks.

More on this later today.

Mfuse Ltd. of London has agreed to provide mobile betting technology to William Hill, a company whose reintroduction to the interactive betting world this November is eagerly anticipated.

Marcus Wareham, the chief executive of Mfuse, told IGN this morning that the deal was "significant," adding William Hill stands to do well with the company's in-running mobile betting products especially -- licensing fees from which Mfuse derives the lion's share of its revenues.

When asked whether a round of fundraising last spring -- which saw Sportingbet's founder Mark Blandford and the company's longtime investing partner Bestsport Ventures put up a combined £2.4 million -- has begun to bear fruit for his company, Mr. Wareham said concisely:

"Yes -- these investments have added gravitas to the whole space."

IGN will run the first in its series of interviews with some of the industry's leading personalities -- these examining life beyond the business. Charles P. Cohen, the chief executive of Probability, was brave enough to be our first victim.

An excerpt:

: Looking back, what did you see yourself doing as a child when you "grew up"? How is it different now?

A: (Laughs.) I don’t remember. I have no idea. The concept of "growing up" didn’t occur to me. Why grow up? Even my kids don’t really think of growing up at all -- they would rather not.

The full interview to be published later today.