Casinos and social gaming sites have a lot riding on new laws and licenses that will turn on the taps to online gaming revenue. One company is set to finally open shop as soon as May — but its license strictly limits where it can operate and what it can play. Read more »
A social gaming site called Fanhood invites players to buy tokens and make sports wagers with their friends. While they may entertain sports fans, sites like this have little hope of being part of recent moves towards legal online gambling. Read more at paidContent »
Nevada became the first state in the country this week to legalize online gambling — but don’t expect this to change the fortunes of companies like Zynga anytime soon. Read more »
DerbyJackpot combines the feel of casual social gaming with real life betting on horse tracks across the country. Thanks to a legal exception bets on horse-racing, the company is one of the few that can offer online gambling in the US. Read more »
Bridging the gap between hardcore horse-betting and social gaming, New York-based Derby Jackpot is beta testing an online game that lets players bet real money on live horse races. The launch comes as social gaming giant Zynga also makes inroads in real money social gaming. Read more »
Game-maker Zynga is on the ropes and some think online gambling will give it a means to survive. But given that it’s late to the game and the messy laws governing American gambling, Zynga may have to fold its cards instead. Read more »
Betable, a UK-based startup, is introducing a platform that allows developers to easily add real-money gaming into their apps. The company is announcing a private beta developer program and plans to open the platform to all developers before the end of this year. Read more »
