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REUTERS Trump and Lasry Bet on Online Gambling | Donald Trump and the hedge fund manager Marc Lasry plan to form an online gambling platform with Trump Entertainment Resorts, provided the government allows them to do so, Bloomberg News reports.
I understand Laight is now CTO of mobile gambling platform Gametech.
Betable unveiled its real-money gambling platform — which consists of an API allowing developers to integrate real-money play into new or existing games — back in July.
Gambling platform Betable, which allows developers to incorporate real-money gambling into their games (in markets where online gambling is legal) without themselves having to obtain a gambling license, has announced it's signed up games developers Slingo, Digital Chocolate and Murka Games to its platform — currently in private beta.
But you can see how this strategy fits in well with other plans that Zynga has: the international (outside of U.S). online gambling market is worth some $32 billion annually, according to gambling platform maker Betable (also now working in gambling on iPhones, courtesy of a deal announced yesterday with Big Fish games).
Today, when games developer Big Fish launched a new iPhone app called Big Fish Casino, it announced it would raise the stakes in the UK by introducing real-money gambling into it (courtesy of well-backed gambling platform Betable) — making this the first time that a real-money gambling game will be available in the App Store.
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Governments in Britain, Italy and Germany have established lists of blocked websites – generally those containing child pornography, hate speech, or online gambling platforms – even though those lists are not always transparent.
While online betting on World Cup matches has resulted in enormous profits for the gambling platforms, and a windfall for the provincial sports lotteries, it has taken a toll on Chinese society.
Online gambling sites are also becoming more popular gambling platforms.
Zynga, which makes Words With Friends, has said it doesn't favour real-money gambling on its platforms, preferring to focus on free-play.
TechCrunch understands that the app is still getting approved by Apple at the moment, and Big Fish has not announced whether it plans to extend the real-money gambling to other platforms, or other markets outside of the UK.
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