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SOCIAL BINGO START-UP RAISES A MILLION DOLLARS
4/17/2012 : SOCIAL BINGO START-UP RAISES A MILLION DOLLARS
BitRhymes plans to introduce casino gaming to mobile and Facebook users
San Francisco-based BitRhymes, a recent start-up that has managed to attract 400,000 daily active users and 2 million casual players to its Facebook social game Bingo Bash, has ambitions to expand into casino style offerings and has the support of some impressive angel investors to do so.
This week the company announced that it has been successfl in raising $1 million in capital following support from angel investors like IGN founder Mark Jung, World Golf Tour chief executive Yu Chiang, former general counsel of Apple and Oracle Dan Cooperman and Doug Bergeron, the chief executive of VeriFone.
Like many other companies piling into the social gaming scene, BitRhymes is hopeful that the restrictive gambling environment in the United States will ease, allowing expansion and commercial activity.
Bingo Bash is targeted primarily on women players and was launched last June, quickly picking up player interest and support.
With its fresh capital BitRhymes is planning to localise its product for different markets and introduce 10 language versions. The company is additionally putting more focus on its mobile versions of the game after the release of Bingo Bash HD for the iPad.
BitRhymes spokesmen have revealed that players who use the game on both iOS and Facebook generate three times the revenue of users on a single platform.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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