iGaming Business – Social networking website Facebook is ready to embrace a “mobile revolution” in order to help publishers take advantage of a mobile gaming industry that is expected to be worth $12 billion (€9.23 billion) next year. Simon Whitcombe, games lead at Facebook, said that Facebook’s main objective would be to help publishers to sell more games, as the social network offers a direct opportunity for console, PC and mobile games publishers to connect with their fans. “The two areas of our business that are going through phenomenal growth are the mobile side of our business and the console…

From iGaming Business Social networking website Facebook is reportedly considering expanding its operations in the mobile gaming sector. According to Techcrunch, Facebook has been working with a number of small mobile game developers after generating more than $100 million (€76.75 million) per quarter from virtual currency transactions inside social games. The website has not yet been able to replicate such success on mobile devices due to the 30 percent cut that smartphone app store owners Apple and Google take on digital transactions. Techcruch reported that mobile gaming development would give Facebook a new source of direct revenues to supplement advertising…