Facebook launches real-money gambling app

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  • SBR Natalie
    SBR Wise Guy
    • 03-19-12
    • 885

    #1
    Facebook launches real-money gambling app
    Facebook launches real-money gambling app

    Facebook shareholders may be happy to learn that the social media giant is taking steps to produce a potentially long-term profit generator — an online gambling app. Effective this morning, UK residents 18 and over are provided the chance to play online bingo for cash prizes. Facebook's bingo game is powered by GameSys, a private technology company licensed in Gibraltar | READ MORE
    Last edited by SBR Natalie; 08-07-12, 05:10 PM.
  • SBR Natalie
    SBR Wise Guy
    • 03-19-12
    • 885

    #2
    Out of interest . . if you were from the UK would you use the app?
    Comment
    • Maniac
      SBR Wise Guy
      • 04-12-11
      • 667

      #3
      I personally have no intentions of using this App, but then I don't play bingo either online or anywhere for that matter. If they brought in similar Apps for Poker or Sports Betting, then I would have to think about it, but would still most likely continue to play Offshore if I am honest.
      Comment
      • darkhat
        SBR Hall of Famer
        • 08-18-10
        • 5722

        #4
        Not for bingo..
        Comment
        • therushishere
          SBR Wise Guy
          • 03-21-12
          • 713

          #5
          Zuckerberg...Bingo? Really?
          Comment
          • Maniac
            SBR Wise Guy
            • 04-12-11
            • 667

            #6
            Actually, as far as business plans, I think its a very smart move to start off with just Bingo - Online Bingo is huge at the moment as far as I know, and is barely any risk once your overheads are covered, and just think of all the bored housewives who already waste so much time farming and doing whatever else on Facebook who will jump at the chance to potentially win a bit of money.

            In terms of risk, once the Bingo business has built up a bit the next logical step should probably be to add various Casino Games, then after a while possibly Poker and finally Sports Betting. All these next steps have a lot of potential issues though and are always heavily in the spotlight for mostly negative reasons from various governments etc looking to cash in...while Bingo at the moment seems to be fairly under the radar and therefore the safest option to build a business around I would say.
            Comment
            • therushishere
              SBR Wise Guy
              • 03-21-12
              • 713

              #7
              Great theory unless the stock hits 0 before this all unravels...
              Comment
              • SBR Natalie
                SBR Wise Guy
                • 03-19-12
                • 885

                #8
                Originally posted by Maniac
                Actually, as far as business plans, I think its a very smart move to start off with just Bingo - Online Bingo is huge at the moment as far as I know, and is barely any risk once your overheads are covered, and just think of all the bored housewives who already waste so much time farming and doing whatever else on Facebook who will jump at the chance to potentially win a bit of money.

                In terms of risk, once the Bingo business has built up a bit the next logical step should probably be to add various Casino Games, then after a while possibly Poker and finally Sports Betting. All these next steps have a lot of potential issues though and are always heavily in the spotlight for mostly negative reasons from various governments etc looking to cash in...while Bingo at the moment seems to be fairly under the radar and therefore the safest option to build a business around I would say.
                I agree with you there.
                Comment
                • SBR Natalie
                  SBR Wise Guy
                  • 03-19-12
                  • 885

                  #9
                  Originally posted by Maniac
                  I personally have no intentions of using this App, but then I don't play bingo either online or anywhere for that matter. If they brought in similar Apps for Poker or Sports Betting, then I would have to think about it, but would still most likely continue to play Offshore if I am honest.
                  Let's see if this is the start of other things to follow.
                  Comment
                  • brettels
                    SBR MVP
                    • 11-04-10
                    • 3376

                    #10
                    No thanks!

                    What I do like though is any video with Natalie in it. Always worth watching!
                    Comment
                    • SBR Natalie
                      SBR Wise Guy
                      • 03-19-12
                      • 885

                      #11
                      Originally posted by brettels
                      No thanks!

                      What I do like though is any video with Natalie in it. Always worth watching!
                      Comment
                      • Monte
                        SBR MVP
                        • 08-21-10
                        • 2056

                        #12
                        Facebook showing it's real face (funny ain't I)..
                        this pest of our age will disappear again soon enuf, worthless pos designed for low IQ people.
                        Comment
                        • therushishere
                          SBR Wise Guy
                          • 03-21-12
                          • 713

                          #13
                          Originally posted by brettels
                          No thanks!

                          What I do like though is any video with Natalie in it. Always worth watching!
                          This I agree with
                          Comment
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