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BETABLE SNAGS THREE NEW SOCIAL GAMING LICENSEES
Wednesday October 31, 2012 : BETABLE SNAGS THREE NEW SOCIAL GAMING LICENSEES
Social-gaming companies to use platform for expansion into real-money gambling in competition with Zynga
The London, UK-based online gambling start-up Betable was in the news again Wednesday, reporting that it has secured deals for its software platform with three social gaming companies anxious to cover the online gambling for real money sector in competition with Zynga, which plans to start UK operations early next year..
Slingo Inc., a developer of virtual-wagering slots and bingo titles that attract 54 million monthly users worldwide, will use Betable’s U.K. gambling license and technology, along with Digital Chocolate Inc., started by Electronic Arts Inc. and Murka Ltd., the maker of Slots Journey, a statement from Betable announced.
Zynga and internet gambling group Bwin.Party Digital Entertainment partnered up just last week, initially with an entry into the UK online gambling market in mind.
On Wednesday a Betable spokesman said the company specialises in securing licensing and providing a flexible and versatile platform that is easily integrated with operator systems for quick implementation.
Slingo CEO Rich Roberts said that his company's goal would be to transition online players into gamblers of its content. “Betable gives us an opportunity to move a little bit quicker than we could on our own,” he noted.
Betable chief exec Chris Griffiths says online gamblers typically spend about $75 to $100 a month. Bearing in mind the massive numbers of social gamers, even a small percentage of these converting to real money gambling could deliver substantial revenues....but the field is becoming increasingly competitive.
That said, recent research from the NPD group suggests that there has been a decline of around 5 percent in US social game play, triggering attempts by the more alert companies to revive interest... and offering real money gambling and prizes may be a vehicle to help achieve this.
Betable presents a turnkey solution, handling the infrastructure, payment system, licenses, anti-fraud procedures and verification. Its platform suits desktop and mobile devices compatible with Android, iOS or Google technology.
Earlier this week Seattle gaming developer Big Fish Games announced a partnership with Betable to launch iPhone app. Big Fish Casino, with real-money betting in the UK.
Gambling News :
$400k Winner at Bodog Casino -
To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.
NBA : Warriors Win the West; NBA Finals Next -
The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.
PartyPoker Rakebak -
Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.
NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
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