Facebook on Tuesday launched “Bingo & Slots Friendzy” — a bingo game that uses real money — exclusively for its members in the UK. As with all of its apps, Facebook is taking 30 percent of the revenue. Facebook has its fingers in numerous revenue-generating pies. To name a few examples, it is developing new ad products and moving further into social shopping. It is rumored to be developing a “Want” button. Of all these, however, social gambling could prove to be the most lucrative — especially if it catches on in markets beyond the UK — like the U.S.
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Facebook Bets on Real-Money Gambling in UK
Posted by: Erika Morphy August 8, 2012 08:00 AMFacebook on Tuesday launched “Bingo & Slots Friendzy” — a bingo game that uses real money — exclusively for its members in the UK. As with all of its apps, Facebook is taking 30 percent of the revenue. Facebook has its fingers in numerous revenue-generating pies. To name a few examples, it is developing new ad products and moving further into social shopping. It is rumored to be developing a “Want” button. Of all these, however, social gambling could prove to be the most lucrative — especially if it catches on in markets beyond the UK — like the U.S.