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Betable Appoints Jonathan Flesher

Friday January 18, 2013 : ANOTHER ZYNGA EXEC JOINS BETABLE
 
Flesher appointed as executive vice president business development
 
The haemorrhage of executives from social gaming giant Zynga has seen experienced managers snapped up by other companies in the social gaming sector, the latest being the appointment by Betable of Jonathan Flesher, a key manager in setting up Zynga's UK real-money social gambling deal with Bwin.Party .
 
TechCrunch reports that Flesher will take up duties as Betable's executive vice president of business development, a similar position to that which he held whilst employed by Zynga. His responsibilities include checking out and signing up developers, pushing licensing initiatives forward in other territories and putting together strategic partnerships.
 
Flesher is well qualified for his new post; in addition to his experience at Zynga he held a similar postion with EA prior to joining that company, and his cv also includes management activity in the banking and private equity sector in the United States.
He's a firm believer in monetising social gambling, telling TechCrunch that developers who stay focused on virtual currency tactics could be outdistanced by those who go after real-money opportunities to develop lucrative player-bases and generate more funds for marketing:
 
“We’re seeing a convergence between the free-to-play social gaming world and the online gambling world,” Flesher said. “If you incorporate real-money gaming, you’ll get a higher lifetime value from your players, and then you’ll be able to outspend other companies in the space that aren’t doing real money gaming."
 
San Francisco-based Betable, which has real-money gaming licenses in the U.K., provides an easily integrated back-end that lets casino-style social game developers add real money betting to their titles.
 
Because there are restrictions in some countries - the United States among them - Betable’s platform identifies which players they can legally show gambling-related features to based on their location or jurisdiction.
 
Last year Betable employed another Zynga refugee - former general manager of mobile operations, Ya-Bing Chu.
 
"Jonathan is well known in the industry for both his vision and ability to execute; we couldn’t be happier to have him join the Betable team,” said Christopher Griffin, founder and CEO of Betable.

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Gambling News :

Betsoft Gaming In Deal With SuprNation - Betsoft Gaming’s latest content supply partnership will see its Slots3 collection launched on VoodooDreams.com, SuprNation’s primarily Swedish and Nordic focused online gaming operation.

Ladbrokes New SPonsor of The Hennessy Gold Cup - The longest sponsorship deal in the history of British horse racing has come to an end with Ladbrokes becoming the new sponsor of the race formerly known as The Hennessy Gold Cup for the next five years, Racing Post reports.

Ladbrokes Appoints Annemarie Durbin - Durbin, a qualified lawyer with over two decades of international banking experience, will also take up membership of the Audit, Remuneration, Social Responsibility and Nomination Committees with effect from March 1, 2017.

Olympus Slot Pays $210k Jackpot to USA Player - “I love slots, been playing a long time. I go to Vegas once a year. In between I play online. It’s so convenient. I play mostly Hold the Riches, Pyramid Plunder, Dollar Storm or Olympus. I’ve also started playing keno more.”

Divine Fortune SLot Launches - NetEnt has launched a new local jackpot title “Divine Fortune”, a five-reel, 3-row, twenty-fixed line video slot themed on ancient Greece and a world of mythical creatures, legendary riches, and golden coins.

BetatHome profit guidance for the 2016 financial year - bet-at-home.com AG has lifted its profit guidance for the 2016 financial year following what it terms a “supremely positive business development in the fourth quarter”.

Aussie Millions $1,150 buy-in No-limit Hold’em Accumulator Results - In the latest Aussie Millions event - the A$1,150 buy-in No-limit Hold’em Accumulator, local poker pro Bridges Roe prevailed against a field of 721 to claim the main prize of A$160,725, despite starting the final day at the bottom of the chip counts.

2 Huge Wins at Bovada Casino - Paul D. from Boston, MA, scored really big, earning $808,529.80 playing the Food Fight progressive jackpot slot on the Bovada online casino on a wager of $11.25. Unfortunately Bovada's press release does not give any further details.

China Internet Clean Up Campaigns - The advisory revealed that the current drive will run through to the end of March 2018, and that online gambling and other inappropriate or unacceptable content must be blocked because:

AOPA to campaign for poker to be left alone - The threat that amendments to the federal Australian Interactive Gaming Act aimed at stopping in-play action could spill over into an online poker ban has motivated Aussie players to form an action group in support of the game.

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