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SOCIAL BETTING GAME LAUNCHES ON FACEBOOK
01/04/2012 : Similar concept to a Vegas Sportsbook
The industry saw another example of the thin line between social gaming and a potential cross-over to online gambling in Socialitize Ltd's launch of a new social betting game 2BET2 on Facebook this week.
The new game for Facebook users in essence provides players with an online sportsbook betting on current real-life sporting events using BB$, the game's virtual currency.
Players are able to bet on global sports events against the house or against one another using betting odds derived in the same way as a conventional sportsbook on all major sports including Football (League and College), Basketball (Association and College), Hockey, Baseball, 25 different European Football leagues, Rugby Union/League, Cricket, Tennis and Golf.
Socialitize's chief executive officer Adrian Brink is well versed in the real world of online gambling having established internet lotteries during his tenure as lottery director at Inter Lotto, a charitable foundation licensed by the Lichtenstein government in 1995 and various other positions within the industry.
"I saw an opportunity to provide a betting experience to the millions of sporting fans in jurisdictions where conventional sports betting is illegal or unavailable," said Brink. "We have tried to remain true to the style and form of more normal sports books while at the same time adding these great social hooks. While we may not achieve the level of monetisation as the large bookmakers, we are well positioned to achieve far greater levels of player participation."
"Users love the social betting hooks within the game," added Brink. "By showing players their friends' bets and allowing them to taunt or respect these bets we achieve a level of social interaction far higher than one sees in many other Facebook games. This – together with the Challenge-a-Friend functionality – really brings home the difference between 2BET2 and other betting games."
Gambling News :
Washington State Says Fantast Sports Betting is Illegal -
#dfs #draftkings With interest in daily fantasy sports reaching peak levels in recent months, and the US football season about to kick-off, the Washington State Gambling Commission has reminded its citizens that this genre falls under the bans imposed by RCW 9.46.240.
First Bitcoin SportsBook Launches -
BetCoin Bitcoin Entertainment Network (BBEN) claims it has debuted the first virtual sports offering for its players, rolling out its entry into the sportsbook sector with virtual sports and virtual displays for live events, all available for desktop and mobile Bitcoin gamblers.
Jokers Gold Slot Launches -
The five-reel game features ‘each way’ Wilds along with a Free Spins bonus round, where Jokers land in view and expand to fill the reel and become ‘Super Jokers’. Any Super Jokers symbols that land in view stay in place for the remainder of the free spins.
Nevada July 2015 Gambling Numbers -
For the second month running Nevada gambling revenues have declined, according to statistics released Friday by the Nevada Gaming Control Board.
Italian Online Gambling Numbers -
Since the Italian regulator AAMS stopped making online gambling statistics publicly available two years ago, reliable information on the local scene has been hard to come by, but the problem was solved by the ever-inquisitive Italian media this week.
888 HOLDINGS COMMENTS ON BWIN-PARTY BID -
After some weeks of silence whilst GVC has been upping its offer for Bwin-Party, rival bidder 888 Holdings plc issued a statement Thursday indicating that it stands on its earlier proposal, which the Board of Bwin-Party continue to recommend.
NYX Gaming Earnings Report -
Despite record levels of revenue the NYX Gaming group felt the drag of its underperforming online poker subsidiary Ongame in the second quarter of 2015, its latest results disclose.
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