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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.
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To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.
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NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
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The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
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