Facebook Launches First Real Money Gambling App

After long months of discussion and contemplation, Facebook has finally taken the decision to release their first real money gambling app which they have named “Bingo Slots & Friendzy”. Players will be able to take advantage of 90 different slots and bingo games. This app will only be available to the residents of the United-Kingdom who are of legal gambling age.

This real money gambling app was developed by Gamesys who are the operators of Jackpotjoy.com, a very popular online bingo website in the UK. They worked in collaboration with Facebook to develop a highly advanced geo-targeting feature that will prevent any non-UK resident to play and also any under age from being able to place bets.

Why The United-Kingdom Only?

Since the United-Kingdom is one of the only country to have very solid gambling regulations, seem to be very well established, and have a huge market for social gambling games such as bingo, there is no doubt that they would be of first choice for the initial launch. Another good thing about the UK is that it is not part of the European Union which frees it from various layers of bureaucracy.

What Are The Future Plans

There is no real future plan of expansion for this real money gambling app. The reason being is that almost all of the countries of the world either do not have proper gambling regulations or simply declared it unlawful.

But there are great things to expect since the Facebook stock has had a very disappointing performance and the need of new income and resources is being felt. Online gambling is a true gold mine and Facebook has the resources and funds to be able to take a big portion of the market.

Bad News For Affiliates

There is no real role that affiliates will be playing for the Facebook real money gambling app since they already have their clientele. Facebook has about 1 billion subscribers which means that their market is already existent. There already are reward programs that are established for current players who bring new ones. However, the rewards are only given in virtual cash, not real money that can be withdrawn.