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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.
Gambling News :
Live Dealer Now At Slotocash -
Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
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