Should play money social media gambling be managed like its real money siblings? You can find arguments for both edges. (Image source: Insidesocialgames.com)
For many gamblers, the thrill of the casino doesn’t really exist without one key function: money. The potential risk of losing and thrill of winning money is what drives most gamblers to play at all. But despite the fact that not really a penny that is single at stake, online ‘social casinos’ are still incredibly popular. These games enable players to take pleasure from blackjack, poker, slots, and a host of other games on Facebook and other media that are social for no cost, and millions of players take part in and enjoy these games every day.
Cash On the Table, Or Otherwise Not?
But while the games may look like gambling and feel gambling, the known proven fact that there is no money at stake on the results of each spin or roll associated with dice implies that they are maybe not really gambling. And this means that industry experts believe there is no good reason for real-money online gambling regulations to simply take hold in their field.
‘a casino that is social no more gambling than FarmVille or Candy Crush,’ said Paul Thelen, CEO of social gaming company Big Fish. Thelen was talking during the GamesBeat 2013 conference as an ingredient of a panel on social video gaming, and regulation was the topic that seemed to come up over and over agai Continue reading “Regulating Enjoy Money Social Gambling Sites: Could It Be Coming?”