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Youbetme Social Betting App Launched
Tuesday March 12,2013 : YOUBETME OUT OF BETA
Prop betting iOS app does not use real money
Jason Neubauer, the co-founder and CEO of YouBetMe is forging ahead with his plans to launch a prop betting iOS app for social gambling next month, and has taken the offering out of beta testing by around five thousand enthusiastic supporters.
Neubauer is confident that he can sidestep legal problems in the United States by avoiding real-money action between people who use his site to bet against each other.
Instead, the app focuses on creating an entertaining brand of social gambling, with the financial returns coming from advertising and sponsorships.
The entrepreneur says he has been careful to toe the legal line since launching YouBetMe in beta test mode last October, emphasising the social nature of the offering and the absence of real-money transactions.
YouBetMe also offers a databased service which tells its users what other users are betting on in their region.
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Gambling News :
Amaya FY2016 Trading Update -
The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.
LeoVegas To Sponsor Leicester Tigers -
The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.
Optima Information Services iShop -
Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.
CAGAYAN CHIEF MOVES TO REASSURE LICENSEES -
Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.
New Massachusetts Online Gambling Bill -
It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.
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