Tech world gets ready for cash gambling

What do peeing in your neighbour’s mouth, eating in a burning restaurant and online gambling have in common? They are all things that could get you into legal hot water in the state of Illinois.

Should these people be trusted with real money?

Online gambling, whilst being legal in most US states, wanders into a grey area in 21 of them.  In order to make things a little more black and white,  web developers and casino administrators are currently taking the steps necessary to design games and develop apps that use virtual currency. They will also be updating their systems to use real currency subject to changes to certain state laws.

Anyone who has played Facebook games such as Sims Social and Farmville knows that they really like to push their own online currencies SimCash and FarmCash on you at every turn. Other games use Facebook credits in their game which you can buy for real world cash or with a prepaid gift card available in high street games shops.

Social gaming is the top platform being looked at by U.S. gaming experts and casino officials, as it seems to be one of the best ways to keep United States dollars within the country. More people are turning to overseas online gaming, simply because it’s easier, as is the case here with fully legalized gambling in the UK.

As people look for ways to start working toward legal gambling online in the U.S., these are some of the best solutions being talked about right now.

1.Software Development Kit for Virtual Currency

According to Venture Beat, a software development kit is being designed for app developers, allowing them to easily integrate their programs and include virtual currency along with games. The idea behind this is that once games include virtual currency, the app developers and game designers can easily tweak the framework of the game to utilize real currency once it becomes fully legal to gamble online.

2.Japan Researches Mobile App Monetization

Tech in Asia claims that experts in Japan are figuring out which types of mobile games can be best monetized. Japan, which is a leader in the video game industry and has been since the late ’70s, has shown that card battle games on social networking sites would be most easily monetized. This is because they’re popular, easy to play and used on social networking platforms. The card battle games are known to make a lot of money in Japan. As app developers create these games abroad, it will be interesting to see how they are monetized once they’re released in the nation.

3. More Casino Game Apps

Game developers are starting to include more casino game apps. This way, it’s easy to convert them to real currency formats once legal gambling online has spread to all states. Standard game apps are starting to incorporate more popular casino games, such as slots, roulette, black jack and poker. The app developers feel that once they get their players hooked on these games, it will be easy to develop the app for real currency as well. This would work well for many different games, bingo games from Jackpotjoy, which has already launched their latest app, “Bingo & Slots Friendzy” this past July, which allows Facebook users 18-years of age or older to play real cash games and win huge money Jackpots for the first time ever. JackpotJoy, owned by the Gamesys Group, is one of the UK’s leading online instant win and bingo site with over 4 million players, paying out in excess of GBP 90 million every month. The Friendzy App comprises of a series of 90 Ball Bingo and Slots games for the Facebook community.

These solutions being presented aim to help game designers, app developers and casino industry leaders monetize social gaming. Social media has completely revolutionized the game playing experience. This surge in game playing hasn’t gone unnoticed by casinos and other gambling organizations, as it seems to be the next logical step in gambling. While everyone enjoys playing a fun game once in a while, many people also enjoy competing for monetary gain. It ups the competition and increases the fun factor for everyone involved.

 

Posted by on August 23, 2012. Filed under Games. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.