Tag: Real Money Gambling
Atari Gambling Launch with Pariplay Partnership
Have you played Atari gambling today? The interactive entertainment publisher and producer is set to enter the real-money gambling market under a new strategic partnership with software company Pariplay. The two companies will work together to launch Atari’s video game brands across real-money gambling formats including iLottery, social, online and mobile. Due to be launched in the fourth quarter of this year, the Atari real-money gambling website will feature games from the company’s robust portfolio such as Asteroids, Pong, Tempest and Missile Command. Pariplay will also distribute the Atari gambling branded games throughout its network to enable operators to run…
California gaming firm raises $12M for new kinds of real-money gambling games
Venture Beat – Gamblit Gaming is announcing today it has raised $12 million in funding for its real-money gambling platform. But rather than convert a social casino slots game into a gambling game, Gamblit is looking for something altogether new. Glendale-based Gamblit wants to make it easy for game developers to create games that can be easily adapted for real-money gambling in places such as the United Kingdom, where online gambling is legal. The money came from American Capital, a publicly traded private equity firm with $19 billion in assets under management. Gamblit handles tasks such as building regulated technology,…
IGT OK as Zynga Abandons Real Money Gambling
In its Q2 earnings report earlier this week, Zynga said it has abandoned its plans to pursue real money gambling in the U.S. But Nevada-based IGT, which makes both physical and virtual casino games, said its plans are unaffected. “What Zynga’s finding out is that breaking into real-currency wagers is a difficult thing,” said executive VP Robert Melendres, who heads IGT’s interactive division. “They built their business as more of a causal social gaming business. We are well situated to take advantage of [real money], just as we’ve done in Europe.” Melendres’s goal is “convergence”: Bringing the experience someone might…
Real Money Gambling On Mobile Games Is Here
From Forbes For anyone who’s been waiting years to make a dollar from the hundreds of hours spent honing their skills on phone games, the moment has arrived. A new San Francisco startup called Skillz just launched the US’s first platform for real-money gambling on mobile games, and it could be the start of an industry worth tens of billions, if not more. The key to Skillz is that while casino style-games have been waiting for legislation that legalizes online betting for games of chance, gambling on games of skill is already legal in 36 states. My fellow Louisianans and…