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Betfair Social networking
10/26/09 - Industry sources are abuzz at the news expected later today (Monday) that online gambling giant Betfair's Australian operations are about to make a major investment in the social networking provider Watercooler, an Internet start-up that has registered 26 million users in only two years.
Watercooler offers some 600 online applications, mostly for American sports teams, where its members can exchange views on favourite games and players.
Millions of English football fans are currently using Watercooler applications on Facebook. Watercooler makes its money from advertising, subscriptions to premium content, such as live score tallies and sports merchandise.
Sources indicate that Betfair will likely to use the Watercooler technology to introduce more social features to its online presence.
Betfair has more than 2.5 million registered customers in 140 countries and pioneered exchange betting, later moving into othr online gambling sectors. The betting firm processes more than six million transactions a day, employs over 400 computer engineers and has an wokforce of over 1 600. The cmpay also owns the massive US-based horseracing wagering business TVG, and has invested more than $177 million in new games and technology in recent years.
In August this (2009) year the group reported a 29 percent jump in underlying earnings to $127 million in the year to the end of April, from revenues that soared 27 percent.
Betfair's involvement in Watercooler is as a leading investor in a US$5.5 million cash-injection exercise designed to fund further development of fantasy sports and social gaming on Facebook and similar Web 2.0 platforms.
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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