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WILL FACEBOOK ENTER THE ONLINE GAMBLING MARKET
Wednesday, November 30 ,2011 : Whispers, speculation and nudges follow an exploratory dinner in London
The industry was alive with speculation Wednesday evening following what appears to have been an indiscreet disclosure from a guest at a Facebook-hosted dinner in London the night before.
The nudge and nose-tapping whisper was that the get-together with selected industry execs was of an exploratory nature. It follows reports earlier this year that Facebook execs had met with a number of industry people with a view to examining the idea of limited "licensing of appropriate internet gambling companies" for real-money operations associated with the giant social networking site, and rumours that the company has hired a small staff complement to investigate internet gaming possibilities.
With the currently hostile legal environment in the United States, any venture would clearly have to be free-play, or if commercial would have to be in one - or perhaps more - of the regulated markets outside the United States, at least until that nation's lawmakers come to their online gambling senses.
If the United Kingdom is destined to be the initial target, then the requirements of the UK Gambling Commission would have to be met, making a partnership with a well established and reputable company or companies desirable.
Facebook is reportedly gearing up for an IPO to raise $10 billion next year, recently lightened up on gambling ads, and already has an arrangement with Zynga, whose social game Zynga Poker has been a runaway success with over 35 million users a month.
Thus far the rumour and speculation on a deeper involvement in the industry has gone unconfirmed by companies alleged to have had representatives at the dinner, all of which have declined to comment.
Until something more concrete emerges, InfoPowa will do the same.
New Racing UK free-to-watch show -
Wake up to Luck on Sunday – join Nick Luck and guests for new Racing UK free-to-watch show. BHA Chief Executive Nick Rust to appear on first broadcast this Sunday
MLB Odds: Stroman Gets the Nod Against Royals -
The Toronto Blue Jays (70-80, –20.18 betting units) begin their final home stand of the 2017 campaign this Tuesday when they welcome the Kansas City Royals (73-76, +2.56 units) to Rogers Centre. Sportsnet has the coverage at 7:07 p.m. Eastern.
Microgaming QuickFire enters Coloumbia -
Wplay signs for Quickfire; strategic deal sees Quickfire enter Colombian market. Colombian-licensee Wplay has signed a deal for Quickfire, powered by Microgaming.
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Partypoker to sponsor WSOPC Uruguay in December. Qualify exclusively on partypoker for WSOP Uruguay Main Event. December 7th to 17th in beautiful Punta del Este.
MLB Odds: Jays Hope to Spoil Orioles’ Visit -
The 2017 season is just about over for the Toronto Blue Jays (66-77, –21.19 betting units), but they can play spoiler in Tuesday’s game against the visiting Baltimore Orioles, starting at 7:07 PM ET on Sportsnet.
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Money Storm is not your typical online casino. While many focus on the quantity of games they offer their players, this one is more focused on the quality of their games.
Big Online SLot Win on Ultimate 10X Slot -
At 9.20PM on August 28th, Kasey R was enjoying the new Ultimate 10X three-reel slot at Miami Club. The game has a random 'must win' progressive jackpot that is guaranteed to pay by the time it reaches $25,000
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