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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.
Gambling News :
US$30M DUBAI WORLD CUP -
Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines
NHL Odds: Forsberg Faces Elliott in Nashville -
The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.
NBA Odds: Hawks, Wiz in Southeast Showdown -
The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.
NBA Odds: Clippers Try to Slow Down Bucks in LA -
Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.
NHL Odds: Canadiens Welcome Islanders Tonight -
The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.
NHL Odds: Reeling Flyers Seek Relief in Pittsburgh -
#nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.
Dollars to Donuts Slot Launch -
Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.
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