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Facebook Gambling Plans Raise Concerns
As Facebook considers the possibility of entering the real money gambling market concerns have been raised by a variety of parties. As the social network has more than 3 million users aged between 13 and 17 and a further million under the age of 13 pretending to be older there are real dangers of introducing those under the age of 18 to gambling it is being claimed. Social Gaming5/20/2012
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Facebook at risk from US gaming laws as authorities up scrutiny of 'social' gambling' that uses virtual money
(UK) -- Facebook successfully made its stock market debut on Friday, but analysts warn that its crucial revenues could be at risk because of growing scrutiny by American...
5/19/2012
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Facebook's Rise Opens New Door for Online Poker
(USA) -- As Facebook Inc cashes in on its Initial Public Offering, other web-based companies such as Zynga Inc. have hitched a ride onto the rise of the social media...
5/17/2012
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Culture Clashes May Hinder Social Gaming Gold Rush, Plumbee CEO Says
(USA) -- Online gambling companies may find there is a culture clash with social gaming that hinders their entry into the booming field, according to the chief executive...
5/16/2012
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DoubleDown goes all in: adds Texas Hold ‘Em to Facebook
(California) -- Full-on social online gambling might not becoming a part of our everyday lives especially soon, but that hasn’t stopped casino games from becoming...
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Social gaming to gambling: states inch forward
(USA) -- When will the floodgates open? It feels like an eternity that the casino industry and makers of games like Zynga Poker have been waiting for states to flip a...
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For Start-Up, Virtual Casinos
(California) -- Andrew Pascal was one of Steve Wynn's trusted lieutenants when the Las Vegas magnate was rebuilding his gambling empire a decade ago. Now the former...
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Bwin.Party Plans ‘Fairly Small’, Not Aggressive, Social Gaming Acquisition
(UK) -- Bwin.Party Digital Entertainment plans a "fairly small" acquisition of a social gaming company and will reveal its strategy in the burgeoning field...
5/13/2012
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Stakes are high as apps turn kids into gamblers
(Australia) -- CHILDREN are using smartphones as gambling machines as they get increasingly bombarded with opportunities to gamble through phone apps and social media...
5/10/2012
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MGM Set on Social Gaming and Macau’s Gambling Industry Boom
(Macau) -- When MGM announced last year that it was going to take on social gaming to bring a new customer base to its casinos it was certainly it preparation of the...
5/9/2012
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Japan's social media heavyweights scrap gambling games
(Japan) -- Japan's leading social gaming companies Gree Inc and DeNA Co Ltd said on Wednesday they would gradually phase out games that contain aspects of gambling...
5/8/2012
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Japan poised to limit gambling-style collecting in social games
(Japan) -- Many in and around the video game industry have long been concerned with the way many social games seem designed to encourage compulsive spending on digital...
5/3/2012
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Mirrorball Slots brings fairy-tale gambling to Facebook
(UK) -- British studio Plumbee broke out of stealth mode back in March with $2.8 million in funding and the announcement of its first Facebook game: Mirrorball Slots.
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Social games and gambling: what a long strange trip it'll be
(California) -- Gambling is coming to a social game near you. This was the unanimous opinion of everyone who attended GIGse, the Global Gaming Expo, in San Francisco...
4/30/2012
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Regulatory Hammer May Fall On Social Gaming, Panel Warns [sub req'd]
(California) -- Regulators are likely eventually to put social casino games under the microscope to assess whether they are violating state gambling laws, according to...
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What social games can learn from real money gaming
(California) -- Last week’s Global iGaming Summit and Expo in San Francisco raised a lot of questions about the future convergence between social games and real...
4/27/2012
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BLOG: Collision of social games and gambling now 'inevitable'
(California) -- Whoa. Just a couple months ago, Zynga was cautiously musing that social games and gambling could join forces to make more money. Now Dean Takahashi is...
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Casino games surpass farm games as the darlings of social networks
(California) -- FarmVille took Facebook by storm in 2009 and gave rise to a sea of rival farm simulations. But those games have begun to decline, and they are giving way...
4/25/2012
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50 Cent Blackjack Comes to Facebook
(California) -- The famous rapper wants his own blackjack game. But, can you win at least a penny there? The Game Show Network, a venture of Direct TV and Sony Pictures...
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50 Cent to launch gambling game
(California) -- Rapper 50 Cent is set to launch a gambling game on Facebook. The singer has teamed up with bosses of Game Show Network Digital to create an interactive...
4/24/2012
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GiGse to highlight importance of social media
(California) -- GiGse, which opens today, has announced the list of start-ups selected for the Startup Launchpad. Held in San Francisco, US, April 24-26, the i-gaming...
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Kontagent CEO to Speak at GiGse on Strategies for Monetizing Social Casino Players on Facebook
(California) -- Kontagent, the leading user analytics company for social and mobile app developers, today announced that CEO, Jeff Tseng, will be speaking at GiGse, the...
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Real online gambling and social network casino games are on a collision course
(California) -- One of the biggest stories in tech and gaming this year is the coming collision of real online gambling and social networking casino games.
4/23/2012
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Get rich or die trying with 50 Cent’s Blackjack
(USA) -- 50 Cent’s Blackjack is a new Facebook title, developed by Disruptor Beam and published by GSN. It’s something of a departure from the developer...
4/22/2012
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STUTZ: Slot makers preparing for Internet gaming
(Las Vegas) -- International Game Technology is poised to premiere "American Idol" on Facebook, and wants players to one day wager on the interactive version...
4/20/2012
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Facebook drives growth of social gaming developers
(UK) -- London Riccardo Zacconi will always remember Christmas Eve 2003 — it was when his company almost went bust.
4/19/2012
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50 Cent Teams with Game Show Network for New Blackjack Game
(USA) -- 50 Cent has teamed with the Game Show Network’s interactive division to launch a Blackjack game on Facebook. “50 Cent’s Blackjack” is a...
4/18/2012
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ANALYSIS: Gamblification! The hottest trend in social games
(USA) -- Gamblification! This is not yet a household word but we use it to describe the intersection of social media and gambling. It is a play on the concepts of...
4/17/2012
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Gambling Giants Join Social Gaming Gold Rush [sub req'd]
(Las Vegas) -- MGM, Caesars, Zynga and Bwin.Party are among the companies jostling for position ahead of the anticipated convergence between the traditional gambling...
4/14/2012
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Boyd mining social media, games
(Las Vegas) -- Boyd Gaming is enticing Farmville fans to abandon their virtual crops in favor of real-life prizes. The Las Vegas-based gaming company, which owns 17...
4/7/2012
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Casino Game Makers Outline a Winning Strategy on Facebook
(Nevada) -- Remember, the house always wins. Increasingly, that phrase can be applied not only to Las Vegas casinos, but also to Facebook, which takes a 30 percent cut...
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Slot maker IGT seeks stake in future of online gaming via Facebook
(Nevada) -- Las Vegas casinos might not be the only ones betting on the legalization of online gaming, according to an article on The Wall Street Journal’s All...
3/30/2012
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Social Game Makers Place Their Bets
(California) -- What happens in CityVille stays in CityVille—or so social game maker Zynga (ZNGA) hopes. The San Francisco company and its rivals have long used...
3/26/2012
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When Social Gaming and Gambling Meet
(USA) -- The core principle behind “social gambling” isn’t exactly all that hard to comprehend, given that the “social gambling” concept is...
3/25/2012
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What happens when professional gambling meets social gaming
(USA) -- 53% of Facebook users play social games. Since Facebook’s IPO filing earlier this year, we know that game-maker Zynga accounts for a full 12% of the...
3/24/2012
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Game Developers Conference Reveals Social Casino Gaming Trend
(USA) -- The social gaming scene that includes gambling on various slots and card games has been awash in developers and new products fresh off the virtual presses.
3/9/2012
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Four Ways Social Gaming Has Changed
(USA) -- The evolution of social gaming has begun. But are the changes what we expected? Ingo Hinterding, the Co-Founder and Chief Product Officer of Crowdpark, recently...
3/3/2012
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Zynga Launches Separate Platform, Eyes Real Money Online Gaming
(USA) -- On Thursday, online gaming giant Zynga announced that it is launching a new proprietary platform at Zynga.com where users can find their favorite games without...
2/28/2012
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Crowdpark launches two new games with a gambling twist Facebook
(USA) -- I bet you a soda you don’t read this entire post from start to finish, and with the new AnteUp game from Crowdpark I could make that bet a reality. The...
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Crowdpark's Pet Vegas joins the casino games bandwagon on Facebook
(USA) -- Will 2012 be the year that Facebook turns into a digital Atlantic City? (Depending on how you look at it, that's both a great and a terrible thing.) Berlin...
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Virtual world creator nabs cash, plans to roll dice on a virtual Vegas and more
(USA) -- Seattle gaming veteran Derrick Morton has been operating his startup company, FlowPlay, at break even or profitable for the past two years as revenues grew by a...
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PopCap Bets on Its Casino Game for Facebook
(USA) -- The video game company behind Bejeweled and Bookworm is releasing its first casino-style game, Lucky Gem Casino, to Facebook. PopCap, a subsidiary of Electronic...
2/24/2012
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Deal Reality in Virtual Vegas
(Wall Street) -- The social-gaming explosion keeps spurring deals in Vegas. Slot-machine giant Bally Technologies this past week bought assets from Chiligaming. This...
2/22/2012
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PopCap doubles down on Facebook games with grand opening of Lucky Gem Casino
(California) -- This could get pretty interesting. PopCap Games this week launched a new series of casino-style games on Facebook in which players compete in slot-based...
2/7/2012
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MGM Could See Stock Upside From Social Games
(Wall Street) -- Last year, MGM Resorts International announced plans to enter the social gaming market in the hopes of getting more customers to its casinos. According...
2/1/2012
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$US5b Facebook IPO Won’t Make You Rich
(Wall Street) -- It’s widely reported that Facebook is going to file for an IPO today, and likely that the offering will be in the $US5 billion range. Time to...
1/31/2012
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Report: Facebook IPO Will Be *Only* $5 Billion
(USA) -- Facebook will file for its much-hyped initial public offering on Wednesday with dramatically less money up-front than initially reported; $5 billion instead of...
1/28/2012
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Facebook IPO anticipated next week
(Wall Street) -- The world may soon get a peek at all the nitty gritty financials of Facebook -- perhaps even by Friday. Facebook may be filing for IPO as soon as...
1/27/2012
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Morgan Stanley Close to Winning Facebook Deal
(Wall Street) -- Facebook is close to picking Morgan Stanley as the lead underwriter for its initial public offering, said people familiar with the matter.
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Report: Facebook Could File For IPO February 1, 2012
(Wall Street) -- Investors will probably “like” this one: Facebook is preparing to file papers imminently with the Securities and Exchange Commission for its...
1/23/2012
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BLOG: "When Online Gambling Is Legalized, Facebook Will Be A $100 Billion Company"
(Wall Street) -- At a party this evening in Munich, an industry insider close to Facebook made the following prediction: "When online gambling is legalized,...
1/18/2012
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Analyst: Zynga’s internet gambling chances a long shot
(Washington) -- Has the big red dog of social gaming peaked? Arvind Bhatia, interactive entertainment analyst with Sterne Agee, said Zynga will need to convert an...
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Online Gambling Would Be Big Score For Zynga
(Wall Street) -- Zynga continues to dominate the social gaming space and has made significant inroads in mobile gaming, but its stock performance has failed to impress...
1/16/2012
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Zynga Chief Talks IPO, Lessons Learned
(Wall Street) -- Zynga Inc. Chief Executive Mark Pincus ended 2011 as the face of an overhyped Web initial public offering. Now he wants to show the hype was justified.
1/15/2012
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IGT goes to Seattle and buys Double DEown for $500 million
(Washington) -- Not all that long ago when slot machines were still know as 'one-armed bandits' they were limited on the graphics and games they could offer. Now...
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Zynga Not Interested in Real Money Gambling
(USA) -- Due to the relaxation of online gambling laws in the U.S. it is expected that many of the social gaming networks would get in on the action. However, apparently...
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Zynga Stalling on Real Money Online Poker
(USA) -- The largest growing social media network Facebook has a lot to offer the cyber world, whether its just keeping up with latest news from your friends or playing...
1/14/2012
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Benefits touted to IGT acquisition of Double Down Interactive
(Las Vegas) -- Analysts said Friday that the $500 million acquisition of an online social gaming company by International Game Technology has two benefits.
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IGT Online Gambling Agrees to Aquire DoubleDown Interactive
(Las Vegas) -- Considered the biggest virtual casino the DoubleDown™ Casino which has only been active since 2010, boasts 4.7 million users per month. The virtual...
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Zynga May have Just Lost Out on a Billion Dollar Opportunity
(USA) -- It looks like the mac daddy of slot machine companies may be stealing one from Zynga. That’s right gang, International Game Technology (NYSE ticker symbol...
1/13/2012
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With Double Down, IGT making $500M bet on social gaming
(Wall Street) -- International Game Technology is steeped in the world of gambling and gaming. The Reno-based company sells slot machines to MGM, Caesars and other...
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The Glaringly Obvious Sign That Zynga's Investors Want It In On Gambling
(Wall Street) -- Zynga's shares shot up 5 percent today after a slot machine company bought a Facebook poker game developer for $500 million. That's despite no...
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Zynga Dealt a Strong Hand
(Wall Street) -- Gambling industry giants are raising the stakes at virtual casino tables. For Zynga investors, that's good news.
1/12/2012
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Double Down scores buyer
(Washington) -- Seattle online gaming company Double Down Interactive hit the jackpot. It's being acquired by Nevada gambling giant IGT for $250 million in cash,...
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IGT buying online social gaming company for $500 million
(Washington) -- International Game Technology has reached agreement to acquire Double Down Interactive, an online social gaming company for $500 million, the Las Vegas-...
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IGT Spins Wheel Of Fortune On Social Gaming [sub req]
(Wall Street) -- Slot machine giant International Game Technology (IGT) has said it will pay up to $500m in cash for Double Down Interactive, a Seattle-based social...
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IGT To Buy Developer Double Down For Up To $500M
(Washington) -- Slot-machine maker International Game Technology (IGT) confirmed plans to acquire social-media developer Double Down Interactive LLC for up to $500...
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Intl Game Tech to buy developer Double Down
(Washington) -- Slot-machine maker International Game Technology IGT +0.39% confirmed plans to acquire social-media developer Double Down Interactive LLC for up to $500...
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Real gambling on Facebook? Double Down CEO says IGT deal could help make it a reality
(Washington) -- Gambling technology company IGT’s acquisition of Double Down Interactive for as much as $500 million is big news for the Seattle startup scene, but...
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Royal flush for Seattle's Double Down, sold for $250 mil +
(Washington) -- Seattle online gaming company Double Down Interactive hit the jackpot. It's being acquired by Nevada-based gambling giant IGT for $250 million in...
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Slot machine maker IGT purchases online gaming company
(Washington) -- Nevada-based slot machine maker International Game Technology has reached an agreement to purchase Double Down Interactive, gaining the infrastructure to...
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Video Poker Giant Bets $500 Million on Facebook Game Maker Double Down
(Washington) -- Seattle-based Double Down Interactive (DDI) has been acquired by video poker giant International Game Technology for $500 million.
1/7/2012
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Senator Nick Xenophon in bid to ban Facebook gambling
(Australia) -- CRUSADING Senator Nick Xenophon has approached Facebook boss Mark Zuckerberg to demand real-money gambling be banned from the social networking site.
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Senator Nick Xenophon targets Facebook boss Mark Zuckerberg over gambling
(Australia) -- ANTI-GAMBLING senator Nick Xenophon is targeting Facebook boss Mark Zuckerberg over plans by the billionaire to introduce real-money gambling on his...
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Will Facebook Become a Key Player in U.S. Online Gaming?
(USA) -- Arguably the most popular social media platform in the world, Facebook appears poised to expand its ever-growing empire into the online gaming industry.
1/2/2012
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The creator of Zynga Poker ain't down with online gambling yet
(California) -- Now that the lot of social and casual games makers are bound to hop on the imminent online gambling bandwagon in the U.S., it was safe to assume that...
12/30/2011
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Ceasar’s Now Completely Owns Playtika
(Wall Street) -- Israeli social game developer Playtika is now completely owned by U.S. casino giant Caesars Entertainment Corporation, according to a report from Globes...
12/27/2011
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Zynga's Dud Caps Rocky Year For U.S. IPOs
(Wall Street) -- It has been a tale of two halves in the IPO market in 2011, with an upbeat start giving way to a dour finish as the eurozone debt crisis flared and...
12/25/2011
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Zynga's IPO flop could hurt some Silicon Valley startups
(California) -- Zynga's unexpected IPO flop this month could be bad news for other Silicon Valley startups. With buzzed-about social media companies having failed so...
12/23/2011
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CEO calls Zynga his 'crowning achievement'
(USA) -- Before Zynga traded its first share on Friday, nervous investors in the social-gaming company didn't know whether to expect a killing or to be killed. Everyone...
12/22/2011
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Zynga chief’s $1 billion-plus payday
(Wall Street) -- One-Percenter of the Week: Mark Pincus made more than $1 billion last week when shares hit the market at $10 each. Plus, even before the IPO, he got to...
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Caesars seeks more Israeli acquisitions
(Israel) -- One can argue about the IPO of Zynga Inc. (Nasdaq: ZNGA), the giant Internet gaming company, but one cannot question the company's success and that it...
12/19/2011
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Zynga stock keeps falling
(Wall Street) -- Zynga's poor debut on the stock market continued early in its second day of trading Monday, with the company losing another 5 percent off its...
12/18/2011
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CEO calls Zynga his 'crowning achievement'
(California) -- Before Zynga traded its first share on Friday, nervous investors in the social-gaming company didn't know whether to expect a killing or to be killed.
12/17/2011
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Online gaming sees massive growth: infographic
(Wall Street) -- In these times of recession, online gaming is a boom industry, as witnessed by Zynga’s IPO today. The deal values Zynga, the maker of FarmVille...
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Zynga falters in debut, sheds doubt on IPO market
(New York) -- Online games developer Zynga Inc scored badly as it went public on Friday, dashing hopes for the year's hottest tech IPO, as investors frowned on its...
12/16/2011
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For Zynga CEO, Cash Came Early
(Wall Street) -- For many technology entrepreneurs, an initial public offering is a chance to make their paper millions real. Zynga Inc. chief Mark Pincus is part of a...
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Wall Street isn’t jumping into Zynga’s stock game
(Wall Street) -- Zynga employees were cheering the company’s newly minted public stock this morning, but in early trading, Wall Street investors were not...
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Zynga rakes in $1 billion in IPO, then sees stock fall in market debut
(Wall Street) -- In the most disappointing stock market debut for a tech company in 2011, shares of San Francisco online gaming company Zynga fell almost from the get-go...
12/15/2011
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Zynga chief ahead of the online game
(Wall Street) -- WHEN ZYNGA reached an impasse while negotiating a five-year partnership with Facebook in August 2010, the online social game developer’s chief...
12/11/2011
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Pincus makes power play with Zynga IPO
(USA) -- For years, a group of about 20 guys would gather in San Francisco's Golden Gate Park or the neighboring Presidio Park for weekend games of soccer.
12/8/2011
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Facebook to Launch Online Casino Games?
(USA) -- You know the online casino industry is booming when the biggest players in the internet world show interest. And there is no bigger player on the world wide web...
12/6/2011
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Zynga to offer IPO shares
(New York) -- Hoping to harvest some fresh cash, the online game company behind "FarmVille" said Friday that it plans to raise $1 billion in an initial public...
12/3/2011
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Facebook Gambling Plans Raise Concerns
(USA) -- As Facebook considers the possibility of entering the real money gambling market concerns have been raised by a variety of parties. As the social network has...
12/2/2011
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Fear over plan for Facebook 'casinos' that could lure children into online gambling
(UK) -- Facebook is being accused of luring children into gambling through plans to introduce real cash games. The world’s biggest social network site wants to use...
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Zynga seeks lower IPO value in tough market
(Wall Street) -- Zynga Inc is seeking a more modest valuation than Wall Street expected for its initial public offering, hoping to attract investors after a series of...
11/30/2011
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Facebook considers supporting online gambling in the UK (rumor)
(UK) -- Summary: Facebook is considering opening up the Facebook Platform to online gambling in the UK, according to a new rumor. This is to supposedly be an exchange of...
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Facebook gamblers are on their own
(Australia) -- A loophole in federal gambling legislation is allowing an online casino to take money from Facebook punters but not pay out winnings in cash, leaving...
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UK Facebook users could soon gamble their earnings away (for real)
(UK) -- Online gamblingAs in, gamble their real cash away with the chance of actually winning money in return. According to eGaming Review (eGR) [paywall link], Facebook...
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Investors anticipate Zynga to be worth $7 billion to $9 billion
(Wall Street) -- Zynga Inc., whose initial public offering has been widely anticipated by investors, is expected to hit the road Monday to begin selling its story to...
11/29/2011
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Zynga to kick off IPO roadshow next week: sources
(Wall Street) -- Zynga Inc embarks on a road show to promote its initial public offering next Monday, two sources familiar with the matter said, the latest dotcom name...
11/28/2011
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Zynga’s Tough Culture Risks a Talent Drain
(California) -- Zynga’s chief executive, Mark Pincus, got an earful from employees last month. In dozens of e-mails to a companywide list, frustrated workers...
11/25/2011
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Social gaming pioneer Zynga poised to go public in closely watched IPO
(Wall Street) -- Sometime in the next few weeks, Zynga -- the San Francisco maker of addictive online games including "FarmVille" and "Mafia Wars...
11/23/2011
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Zynga Poker Not Planning to Enter Real Money Poker Market
(California) -- Zynga PokerZynga Poker, Facebook’s free poker game that has attracted a whopping 30 million active monthly players worldwide and recently sent a...
11/13/2011
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Online Poker- Zynga Is Coming on Strong
(USA) -- Reading about Zynga and it new antics on the internet what with the rumours that are presented as positioning in the public domain you have to wonder how is...
11/12/2011
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Social betting is gaining momentum
(USA) -- Over recent months companies have been discovering that people are just as eager to spend money gambling on Facebook games for virtual cash as they are in real...
11/10/2011
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Facebook To Advertize Authorized Online Casinos
(USA) -- The need for advertizing in the web world includes print, signs, and television just to name a few so connecting to millions of people can have advantages. The...
11/9/2011
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Zynga Positioning For the American Online Poker Market
(California) -- The market for online poker worldwide is astronomical and one poker room that beats out all the rest in the Zynga Poker Room. More than 35 million people...
11/7/2011
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Social casino gaming company Yazino on the differences between web/Facebook and mobile
(UK) -- Starting out as a small UK-based web gaming company in 2009, Yazino has grown into a 50-person start-up supporting games across iOS, Facebook, and its own Yazino...
11/4/2011
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Zynga's Expenses, Revenue Jump
(Wall Street) -- Game-maker Zynga Inc., which is preparing to go public, said its earnings for the first nine months of 2010 fell 36% from a year earlier as expenses...
10/21/2011
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Q&A: DoubleDown exec takes us inside a Facebook ‘casino’
(USA) -- Our guest on the latest GeekWire radio show and podcast was Glenn Walcott, president of Seattle startup DoubleDown Interactive, which offers the DoubleDown...
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