Real Money Gambling on Facebook
Its monetization business has been a challenge since the last three quarters, there is a new move for Facebook as the social network site has allowed gaming app on its platform where facebookers will be able to play with real money and not Facebook credit this time. This will be happening for the first time on Facebook. Bingo and Slots Frenzy as the app name. It is an extension of the Jackpotjoy.com franchise from Gamesys, it will only be played by UK residents that is above 18 years in age.
With many other app on its platform, Facebook did not get involved in the developing and operation of the game, it had only gave Gamesys the license to offer the app through its interface.
Facebook has refused to reveal the financial terms of the deal, it is not clear whether it goes to follow the 30/70 profit share like the games using Facebook credits.
“Facebook is a place that allows people to connect and share” says a spokesman to TechCrunch reporter, “Real UK and we are allowing a partner to offer their games to adult users in Facebook platform in a safe and controlled manner.
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