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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.
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Gambling News :
WSOPE In Czech Republic -
World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.
BtoBet Partners with AfroBet -
Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.
Pissed off Tabcorp shareholders -
A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.
NYX Gaming Group Expanding in Italy -
NYX Gaming Group says its continues to bridge the gap between online and land-based operators as it announced a new licensing deal in the Italian market.
Interwetten Q3 2016 Report -
In a brief third quarter 2016 report, Malta-headquartered online gaming company Interwetten reported strong growth across all verticals, with an emphasis on online casino revenues.
Evolution Gaming Q3 2016 Report -
Evolution Gaming Group AB delivered in its third quarter 2016 results reporting strong growth in revenue and a significant increase in mobile penetration. The company attributes is success to strong general growth and continued high demand for dedicated environments.
Dragonz Slot Launches -
#Dragonz The creatures in this 243 ways to win game engage with play during the free spins round, triggered by three or more scatters on the reels, and each character leads four different free spins rounds.
Mecca Launch Instant Win Games -
IWG has provided instant win content to lotteries for the past 15 years, amassing a portfolio of over 250 games. Its deal with Mecca signifies a move into the wider online gaming industry, servicing commercial brands and platforms.
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