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Would EA venture into real-money online gambling? Dean Takahashi VentureBeat

Would EA venture into real-money online gambling? Dean Takahashi VentureBeat | Poker & eGaming News | Scoop.it

Social gaming giant Zynga has announced it will move into real-money online gambling in early 2013. Electronic Arts has a big stake in casual social casino games such as Lucky Gem Casino Slots, and it has a relationship with the World Series of Poker TV series.

 

But it hasn’t decided yet whether to add real-money gambling to those games, according to Frank Gibeau (pictured below), the president of EA Labels and the head of the company’s game development efforts. It would be easy to do, but there’s a lot of discussion about the complexity it would add to the business and whether it’s the right thing to do culturally, Gibeau said.

 

“The leap from [social casino games] to real money is conceptually small, but it is a complicated one,” Gibeau said. “It’s a world market issue. There is a lot of U.S. regulation. There are fully regulated markets all over Europe and some emerging in Asia. I do thing real-money will be a growth driver for gaming. I have nothing to announce. We’re following the trends and events in real money. “

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32Red announce booming profits, Claire iGamingPost

32Red has announced their 6 month results and are at a record for the Gibraltar based online operator, with total Gross Win up 50% to £16.5m (2011: £11.0m) in the first six months of 2012.

 

Casino Performance:

Gross Win (revenue) £14.5m, up 52% on 2011
Active casino customers* of 31,722 up 81% on H1 11
Casino player yield £457* (H1 11: £543)
New Casino players 18,724*, up 93% on H1 11
Casino cost per acquisition*: £166 (H1 11: £173)

 

Other sources: 

http://www.casinochoice.co.uk/2012/07/23/32red-breaks-revenue-records-again/

 

http://www.gamingintelligence.com/premium-news-and-archive/16890-32red-lauds-another-record-revenue-performance-in-h1

H1 2012 Revenues
British Pounds (£) H1 2011 H1 2012
Casino 9.5m 14.5m
Casino (acquisitions) 0.6m 0.7m
Poker 0.6m 0.6m
Other Products 0.3m 0.7m
Total Revenues 11.0m 16.5m

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32Red wins trademark dispute, Tom Victor EGR Magazine

32Red wins trademark dispute, Tom Victor EGR Magazine | Poker & eGaming News | Scoop.it

The World Intellectual Property Organization (WIPO) has found in favour of 32Red in the egaming operator’s trademark dispute with California company Baysound LLC over the 32x.com domain.

 

In February last year 32Red won a High Court injunction against William Hill Online over the 32Vegas brand used by the latter, concluding a case which had run for two years.

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