Even though the Nevada, Delaware and New Jersey state legislatures just passed laws that pave the way for online gambling in the U.S., Zynga is not going to be the first to get in on it. Given how terrible the economics of running a blog are, TechCrunch has been exploring new revenue streams. They may include, but are not limited to, premium Justin Timberlake-filters on blog posts, Path 3.0-like… → Read More
Betable, a San Francisco-based startup that makes it easier for casino-style game developers to offer players real money bets instead of virtual currency ones, just nabbed Jonathan Flesher. He was the vice president of business development that orchestrated Zynga’s recent partnership with bwin.party, an online gambling operator in the U.K. He’ll become Betable’s executive vice… → Read More
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. → Read More
Over the last several months, we’ve seen a slew of casino game launches from indie developers to the behemoth in the room, Zynga. The issue is that while it’s easy to create a casino-style game, it can be difficult to monetize one because of very fragmented and complicated regulations around online gambling globally.
Enter Betable, a social betting company that’s being reborn as a platform for… → Read More
Betable, where users can literally place a bet on anything and have their friends bet with them, has secured a $3 million first time funding led by Atomico, the venture fund set up by former Skype founders Niklas Zennström and Janus Friis. Former Skype chief strategy officer Geoffrey Prentice joins the board. It’s an unusual move for a VC house to back what is in effect a gambling site, but… → Read More
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