Facebook: Gambling’s Next Generation?

The Tyee – Super Bowl Sunday is the biggest day of the year for gambling in Canada and the United States — more than $100 million is expected to be bet legally in Las Vegas alone. More than 100 million people will tune in to the Fox broadcast. They will be certain to discuss the $4 million-for-30-seconds TV ads, the Bruno Mars and Red Hot Chili Peppers’ halftime show and, of course, the Seattle Seahawks and Denver Broncos on their smartphone or tablet via social media. At the British Columbia Lottery Corporation’s second annual responsible gambling convention last week, delegates…

Can Zynga make Facebook the future of gambling?

Facebook was Zynga’s path to glory — the Facebook game FarmVille, a virtual agribusiness, put the San Francisco social-gaming company on the map. But since its $7 billion IPO in 2011, Zynga has been having a rough time of it, culminating in the axing of 520 employees, or 18 percent of its workforce, last month. On July 1, the job cuts reached founding CEO Mark Pincus, who will be replaced by former Microsoft Xbox chief Don Mattrick. (Pincus will stay on as chief products officer.) The change was enough to boost Zynga’s stock a bit, but on Thursday the company…

Facebook agrees to block gambling sites from targeting Dutch users

From Dutch News Social media site Facebook has agreed to stop adverts for gambling sites targeting its Dutch users, according to the Dutch gambling authority Kansspelautoriteit. Facebook has agreed to ‘conform to Dutch legislation which states it is not allowed to encourage illegal gambling’, the authority said in a statement. This is an important step in combating illegal gambling and discouraging youngsters from taking up the habit, said spokesman Paul Tang. ‘Facebook is a low threshold social network with easy access to youngsters,’ he said. ‘By taking this step, the organisation is showing it takes its social responsibilities seriously.’ The…