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LVFH LAUNCHES NEW SOCIAL WAGERING PRODUCT
04/03/2012 : Real Vegas Casino now live on Facebook
After weeks of hype, Las Vegas From Home finally launched its Real Vegas Casino social wagering product on Facebook Tuesday.
The product is an innovative mix of sports wagering and social gaming mechanics that will appeal to sports fans around the world, a company spokesman boasted, explaining that it simulates a real world sportsbook by using Las Vegas style real-time wagering odds while allowing players to wager on sporting events with virtual currency.
Players can select from a wide range of sports including NBA, NHL, NFL, MLB, MLS, major college sports and European soccer. In addition, the offering provides a range of casino games and a full set of social features, allowing players to share bets with friends and/or compete against each other.
LVFH intends to continue expanding the product with future innovative social gaming features that enhance the player experience while driving more traffic.
Players can try out the games for free and purchase virtual currency in the form of Facebook Credits to extend and enhance their gameplay. Since all payouts are in virtual currency and cannot be redeemed for cash, this business model is legal in most countries including the USA.
Real Vegas Casino features a 1080p High Definition user interface, an emphasis on social multiplayer game play and a full slate of interactive casino and sports wagering games.
LVFH president and CEO Jake Kalpakian said: "We are very encouraged with the initial results of our social casino application and believe the launch of our sportsbook product will allow the company to become a dominant player in the social sports wagering market.
“Our early mover advantage in this specific space should allow us to grow both our brand and player database which we can hopefully leverage into other opportunities."
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Gambling News :
Wanajump Launches -
#Wanajump Spanish online and land gambling operator Grupo R. Franco appears to be emulating the William Hill group, announcing this week that it is to begin a start-up accelerator program for innovative entrepreneurs, which it has titled Wanajump.
Coral Launches player proposition betting product -
Digital Sports Tech, a business-to-business software provider of sports betting solutions, has signed a deal with UK online and land sports betting operator Coral to provide an innovative player proposition betting product.
Oshi online casino now accepts fiat currencies -
The Oshi online casino, which started just a year ago as a Bitcoin-denominated operation, has described its expanded activity in a statement this week, noting that in addition to Bitcoin it now accepts fiat currencies and has added new game providers to its roster of suppliers.
New Standards for UK Online Gambling -
Online gambling service and technology providers, along with operators and testing agencies will be studying the new gambling software and technical standards proposal published by the UK Gambling Commission following a public consultation.
Pennsylvania Gambling Bill 1887 returned with additions -
The interaction between the Pennsylvanian House and the state Senate has become increasingly like watching a game of ping pong as the two political establishments wrestle with online gambling legalization and court-ordered tax fixes in the dying days of the current political season.
Mybet Earnings Struggle -
The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".
Tom Horn Awarded Malta Gaming License -
Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.
Calvin Ayre invests in new Antigua Business Center -
Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.
Attack of the Zombies Slot -
Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.
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