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Legal Gambling For Facebook Users in the UK

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Legal Gambling For Facebook Users in the UK

Postby rrplay » Thu Aug 09, 2012 7:06 am

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To increase revenue growth, Facebook will allow users in the Britain to wager real money on its service, opening the gateways for legal gambling on the world's premier social network.

Gamesys, an independent gaming company launched an online version of Bingo for Facebook users in Britain who are at least 18 years of age and stated that they will be paying cash money to the winners. In the same announcement on Tuesday, Gamesys also plans to offer virtual slots on Facebook.Facebook had also confirmed its partnership with Gamesys to allow gambling on it service.

In a statement Facebook said:

    "Real money gaming is a popular and well-regulated activity in the UK and we are allowing a partner to offer their games to adult users on the Facebook platform in a safe and controlled manner,"
Linda Griffin a Facebook spokeswoman said that there are currently no plans to offer gambling in any other countries, and they have not been considering any other partners besides Gamesys.

She had declined to comment as to what percentage of the revenue that Facebook would take from the gaming action from Gamesys, but did acknowledged that Facebook would be taking a cut.

Actually Facebook takes a 30 percent cut for transactions of non-gambling games when users purchase seeds and virtual tractors in the popular Farmville game from Zynga. Even-though Facebook make most the majority of its money from the online advertising, the potential for further growth is likely to increase sharply.

You can make book on it.
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