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Social gaming to gambling: States inch forward

Social gaming to gambling: States inch forward | The massive growth of social gaming industry | Scoop.it
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 legal switch that will let them turn virtual gaming into real gambling.

 

The legal logjam could finally break in coming months as some states prepare to turn on the taps for new forms of gambling based on social media.

 

Nevada has already passed a law and New Jersey is likely to follow soon, according to Pillsbury lawyer Jim Gatto. He adds that Hawaii and California are also considering bills to legalize online gambling.

 

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Via This Week in Gambling, Vasileios Volikakis
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Vasileios Volikakis's curator insight, May 15, 2013 9:35 PM

But a whole nation of Facebook-based gamblers is still a long ways off. Parents may not like the idea of a casino in their teenager’s room, and places like Utah have already passed laws making it illegal to place or receive a bet in the state. Gatto adds that, in California, the legal process is “incredibly fraught” due to competing interests of casinos and Indian tribes.

Jeff's curator insight, April 17, 2014 7:26 AM

www.AffiliatesApps.com  its all about the links and spreading the love .on-line and mobile get your app today and don't get left behind 

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Sports betting accounts for 76 per cent of all mobile gambling - Mobile Entertainment

Sports betting accounts for 76 per cent of all mobile gambling - Mobile Entertainment | The massive growth of social gaming industry | Scoop.it
Sports betting accounts for 76 per cent of all mobile gamblingMobile EntertainmentSports betting accounts for 76 per cent of all mobile gambling. Daniel Gumble. by Daniel Gumble Thursday, November 8th 2012 at 1:09PM.

Via This Week in Gambling, Vasileios Volikakis
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Vasileios Volikakis's curator insight, May 11, 2013 8:21 AM

Experts have predicted that the share of mobile casinos will reach at least 3 per cent of the interactive casino market in 2013, with some of the more optimistic amongst them suggesting 12.9 per cent. Meanwhile, mobile casinos will account for 0.9 per cent in the total global casino market in the same period.

Jeff's curator insight, April 17, 2014 7:36 AM

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Emma Delta Last Bidder Standing In OPAP Sale | GamblingCompliance

Emma Delta Last Bidder Standing In OPAP Sale | GamblingCompliance | The massive growth of social gaming industry | Scoop.it
Greece's privatisation fund is waiting for Czech-Greek investment group Emma Delta to improve an offer understood to be less than €630m for a majority stake in betting monopoly OPAP.

Via Silvia L. Peneva, Vasileios Volikakis
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Mathaios Tsoukaris's comment, May 5, 2013 7:39 PM
the whole situation it is not completely clear but we are going well i think..
Konstantinos Karydis's comment, May 6, 2013 7:30 AM
mellisanidis RULES!!!!!!
Vasileios Volikakis's curator insight, May 7, 2013 8:23 AM
OPAP, which is one of the most valuable Greek assets up for sale, made net profit of €496m last year on turnover of almost €4bn.

 

Greece's government has since introduced a 30 percent tax on OPAP's gross gaming revenue which the monopoly's management team predicted will slash profit 77 percent to €116m this year.

But the rights to 35,000 video lottery terminals and a soon-to-be dominant position in online betting will help to return profits to 2012 levels by 2021, management forecasted in a long-term business plan for the privatisation.

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Research and Markets: The Global Cloud-Based Gaming Market to Grow At A ... - Business Wire (press release)

Research and Markets: The Global Cloud-Based Gaming Market to Grow At A ... - Business Wire (press release) | The massive growth of social gaming industry | Scoop.it
Research and Markets: The Global Cloud-Based Gaming Market to Grow At A ...
Business Wire (press release)
Freemium is the most productive business model in the present age of digital distribution.

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Vasileios Volikakis's curator insight, May 7, 2013 8:30 AM

ccording to the report, one of the major drivers is the increase in audience numbers for social media games and mobile games. This audience is different from the PC or console-based gaming audience. Social media gaming and mobile gaming audiences require an instant streaming of video games, which is possible only through cloud-based gaming services.

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Zynga in Slumps-Ville, But Social Games Are Still Hot

Zynga in Slumps-Ville, But Social Games Are Still Hot | The massive growth of social gaming industry | Scoop.it
Despite Zynga's fall, plenty of investors and game developers are still writing checks and apps.

 

SUMMARY: Despite the troubles surrounding Zynga -- its stock down 75% since the initial public offering -- the social-gaming market continues to attract investment capital and development for the mobile platform, writes Jessica Leber. Gree, for example, is among the companies creating specialized social networks for smartphone games, and even Zynga is trying to disassociate itself from Facebook to increase game discovery.

 

READ ARTICLE 


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Vasileios Volikakis's curator insight, May 5, 2013 11:30 AM

Some could argue that Zynga simply did the same, but Pincus and his company have also built up a sense of distrust over the past few years, something that needs to be changed if they want to give companies like Electronic Arts and Activision a run for their money, and more importantly, if they want to keep players from looking for new virtual fields to harvest.

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8 Platforms That Help You Feed The Content Marketing Engine

The transition from brand to media company requires a social business strategy and content marketing platforms.

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Vasileios Volikakis's curator insight, May 7, 2013 8:16 AM

The transition from brand to media company requires a social business strategy. Along with organizational change management initiatives and building process and workflows, you must also consider an investment in technology that can help facilitate this change

Nikolaos Volikakis's comment, May 9, 2013 2:57 PM
Don't forget bro, everything is about content...customer retention, enagaement or loyalty, it is like a law!
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Gambling firm Betfair rejects CVC-led takeover bid

Gambling firm Betfair rejects CVC-led takeover bid Reuters India Since joining the London stock exchange three years ago, Betfair has lost ground to competitors at home and is pulling out of markets where gambling regulations are unclear, which...

Via This Week in Gambling, Vasileios Volikakis
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This Week in Gambling's curator insight, April 22, 2013 2:10 PM

http://www.thisweekingambling.com/news

Vasileios Volikakis's curator insight, May 7, 2013 8:19 AM

The online gambling sector is growing quickly and is seen as ripe for consolidation. Betfair, founded in 2000, operates a system that allows gamblers to bet against one another, removing the middleman or bookie.

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Full Tilt Poker Launches 'New To the Game' Tables [News]

Full Tilt Poker Launches 'New To the Game' Tables [News] | The massive growth of social gaming industry | Scoop.it
Full Tilt Poker launches 'New To the Game' tables.

Via This Week in Gambling, Vasileios Volikakis
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This Week in Gambling's curator insight, April 18, 2013 1:14 PM

http://www.thisweekingambling.com

 

Vasileios Volikakis's curator insight, May 7, 2013 8:15 AM
These brand new tables are offered at both ring-game and tournament tables covering the smallest stakes. At these tables, players will experience slower-paced game play, tips that offer key information and displayed hand strength

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Zynga, bwin.party Partner for Real Money UK Offering

Zynga, bwin.party Partner for Real Money UK Offering | The massive growth of social gaming industry | Scoop.it
PokerNews.comZynga, bwin.party Partner for Real Money UK OfferingPoker News DailyZynga players in the UK who wish to test their skills at real money poker will sit at the same tables as players on bwin.party's poker network, which includes...

Via This Week in Gambling, Vasileios Volikakis
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Vasileios Volikakis's curator insight, May 12, 2013 6:57 AM

Zynga players in the UK who wish to test their skills at real money poker will sit at the same tables as players on bwin.party’s poker network, which includes Party poker, EmpirePoker, WPTPoker, GamebookersPoker, and DanskeSpil. This will be a boon for the network, which currently sits as the second most trafficked family of online poker rooms with a seven day average of 2,700 cash game players, according to PokerScout.com.

Konstantinos Karydis's comment, May 14, 2013 10:57 AM
Is the first step and generally is the easiest move to have a co-operation with the leader of the market !
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Cyprus Gambling On Casinos For Rebound - Greek Reporter

Cyprus Gambling On Casinos For Rebound - Greek Reporter | The massive growth of social gaming industry | Scoop.it
Cyprus Gambling On Casinos For Rebound Greek Reporter Being saved from an economic and bank collapse by a pending 10 billion euros ($13 billion) bailout from international lenders – but at the price of confiscating bank accounts and imposing harsh...

Via This Week in Gambling, Vasileios Volikakis
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This Week in Gambling's curator insight, April 21, 2013 9:22 PM

http://www.thisweekingambling.com/news

Vasileios Volikakis's curator insight, May 7, 2013 8:19 AM

The tiny country of less than 1 million people will shoulder 13 billion euros ($17.05 billion) of overall cost of the bailout mainly by imposing heavy losses on bank deposits more than 100,000 euros ($130,000). The country’s second largest lender Laiki will be broken up into a “good” bank which will be folded into the larger Bank of Cyprus and a “bad” bank which will be wound down.

Nikolaos Volikakis's comment, May 9, 2013 3:04 PM
Now Cyprus must move on, find funds immediately in order to avoid the same consequences as Greece has, so why not based on gambling and gain money from their taxation? This will be a useful example that Greece must take into account and open the market for the competitors.
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Facebook enters gambling arena - Malta Business Weekly

Facebook enters gambling arena - Malta Business Weekly | The massive growth of social gaming industry | Scoop.it
Facebook enters gambling arenaMalta Business WeeklyLast Tuesday, 7 August, social gaming giant Facebook launched real-money gambling in the U.K. with a bingo app called Bingo Friendzy.

Via Jay Aird, Vasileios Volikakis
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How Zynga grew from gaming outcast to $9 billion social game powerhouse

How Zynga grew from gaming outcast to $9 billion social game powerhouse | The massive growth of social gaming industry | Scoop.it
Zynga has turned the video game world upside down in its short five-year history. As it's poised on the verge of a massive initial public offering, the social game startup is now one of gaming's gr...

Via Marylene Delbourg-Delphis, Vasileios Volikakis
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Nikolaos Volikakis's comment, May 5, 2013 7:45 PM
Wow definitely is a huge revenue but what about zynga's work environment? There a lot of complaints about the conditions there..
Vasileios Volikakis's curator insight, May 7, 2013 8:29 AM

Since its inception in 2007, Zynga has generated more than $1.5 billion in revenues — a remarkable sum for such a young company. It is now trying to seize the leading share of a $9 billion virtual goods market that it believes could triple in the next five years.

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Zynga enters real-money online gambling market

American social and media gaming firm Zynga Incorporated has entered the world of real-money online gambling after launching web and download versions of its ZyngaPlusPoker and ZyngaPlusCasino brands for players in the UK.


Via DW, Vasileios Volikakis
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Vasileios Volikakis's curator insight, May 4, 2013 2:30 PM

Definitely, the deal between Zynga and Bwin will cause many changes in online gaming area, the most important issue for gambling operators now, is it to make clear their targets about how will they use the social games in synergy with their core business as well as the customer engagement policy still remains uncertain. Lets have some thoughts about it!

     

 

 

Kostas Sarris's comment, May 5, 2013 8:06 PM
I don't think so that this deal is gonna be effective, i belive that somewhere they will complex their operations Vasileios. Of course it is something new to us but at the same time it hides dangers for the simple user...
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An introduction to the mobile social gaming market


Via Mathieu Brossette, Vasileios Volikakis
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Vasileios Volikakis's curator insight, May 7, 2013 8:16 AM

With freemium business models that combine huge mass market usage with multi-million dollar revenue streams from virtual goods and ‘in-app purchases’ this is a huge new market developing. In this article we’ll take a closer look at mobile social gaming drilling down into the statistics, key trends and the major players in what is shaping up to be the boom market of the next decade.

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Gambling Commission rules out social games regulation

The Chairman for the UK’s Gambling Commission has revealed that the watchdog has no intention of widening its regulatory scope to include social games but wants the industry to do a better job at self-regulation.


Via DW, Vasileios Volikakis
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Vasileios Volikakis's curator insight, May 8, 2013 7:31 PM

“If there are minimal risks to the public or those risks are being properly managed and mitigated either by responsible providers and users or by existing mechanisms, for example the OFT or Ofcom, then there will be no need for us to act. “Conversely, if social gambling and use of social media appears to increase the risks of problem gambling or consumer exploitation, then it needed to work with fellow regulators and government to mitigate them.''

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William Hill Captures In-Play Football Leadership | GamblingCompliance

William Hill is the new in-play leader in football events, while bet365 remains top of the pile in terms of the breadth of its overall in-play betting offering, according to a new GamblingData report.

Via Silvia L. Peneva, Vasileios Volikakis
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Vasileios Volikakis's curator insight, May 7, 2013 8:20 AM

William Hill is the new in-play leader in football events, while bet365 remains top of the pile in terms of the breadth of its overall in-play betting offering, according to a new GamblingData report.