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FACEBOOK TO OFFER REAL MONEY ONLINE GAMBLING

Tuesday August 7,2012 : FACEBOOK TO OFFER REAL MONEY ONLINE GAMBLING
 
Venture launches in UK with 18 year age restriction
 
Social gaming giant Facebook has taken the plunge into online gambling for real money - but only in the UK at present, and only for punters aged over 18 years, according to a report in Tuesday's Financial Mail.
 
British users aged 18 and over are being offered the opportunity to play online bingo for cash prizes. Slot machine games will be added in the coming weeks, the respected newspaper reports.
 
Julien Codorniou, Facebook’s head of gaming for Europe, Middle East and Africa, told the FT: “Gambling is very popular and well regulated in the UK … for millions of bingo users it’s already a social experience [so] it makes sense [for us] to offer that as well.”
 
The news settles long time speculation on whether Facebook and other social networking sites would introduce real money gambling products to boost revenues.
The FT points out that Zynga, Facebook’s largest gaming partner, is hoping to introduce real-money gambling versions of its poker, bingo and slot machine games in 2013.
 
For now and the foreseeable future, the US legal and political climate precludes Facebook making similar moves in its home nation, but there are a number of European countries that now have formalised online gambling regulatory regimes.
 
Clive Hawkswood, the CEO of trade body the Remote Gaming Association, described the Facebook move as a significant development, telling the Financial Times:
 
“Bingo is at the softer end of the gambling spectrum and online bingo often has chat forums alongside so it’s an obvious match for Facebook. A lot of people have said why haven’t they done it before because there’s a difficulty in monetising what they have – this is one way of bringing in revenues.”
 
Facebook will launch the Bingo Friendzy app in a joint venture with Gamesys, one of the UK’s largest online gambling operators, to target the social network’s large online audience.
 
“We are a distribution platform for Gamesys – they have the games and we bring the audience,” said Codorniou.
 
He said Facebook was in discussions with other gambling companies about expanding its offerings which could include casino games such as blackjack and roulette, but he said “nothing concrete” had been agreed.



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NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday - Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.

Pro League Reveals Sportradar Contract Details - The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.

NFL Odds: Steelers Visit Undefeated Chiefs #TNF - The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.

Mega Moolah strikes again - The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.

2 New Slots For Microgaming Casinos - David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.

MLS Odds: Red Bulls vs. Whitecaps - The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.

Velka Pardubicka On RacingUK - Felix de Giles flies the British flag in Sunday’s Velka Pardubicka

Mega Moolah Jackpot Hits on 9/27/2017 - Another millionaire made on Microgaming’s Mega Moolah; 5th largest Microgaming payout

Simon Jones is crowned the Greatest Poker Player in the Universe - A €10,000 leaderboard tracked player progress throughout the series to determine who the Greatest Poker Player in the Universe was. Professional poker player/sports psychology lecturer, Simon Jones, took the crown with a €5,000 cash bonus and trophy to prove it.

MLB Odds: Yankees Favored in AL Wild Card Game - After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.

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