Gamesys, the company behind online gambling portals Jackpot Joy & Sun Bingo, has just struck a deal with Facebook. It will allow British users of the social network to stake real money on bingo games.
The deal, which is the first of its kind, represents a major coup for Gamesys. Recently it was reported that Facebook was holding meetings with multiple cash gaming providers. With the intention of unlocking the lucrative British ‘soft gaming’ market.
888 Miss Out
Industry insiders expected the 888 group to be the first company to get approval from Facebook. However, Gamesys, with its in-depth knowledge of UK players, got the thumbs up ahead of 888.
The details of the financial arrangement are unknown, but it’s expected that Facebook will receive around 30% – 50% of the revenues generated from the games. Whilst Gamesys will enjoy access to the 30 million British users of Facebook.
A spokesperson for Facebook confirmed that it is partnering with Gamesys to allow gambling on its network.
“Real money gaming is a popular and well-regulated activity in the UK, and we are allowing a partner to offer their games to adult users on the Facebook platform in a safe and controlled manner,” Facebook said in a statement.
The spokesperson also stressed that the development of the ‘Bingo Friendzy’ app was solely down to Gamesys.
Legal Facebook Bingo
Like many online casinos and bookmakers, ‘Gamesys’ is licensed and regulated by the Government of Gibraltar. This allows them to legally offer online cash gaming to British consumers.
The most popular brand operated by Gamesys is Jackpot Joy Casino, which currently has over 4 million registered bingo fans.
Players at Jackpot Joy will be familiar with the look and feel of the ‘Bingo Friendzy’ app.
Facebook has hinted at the prospect of more ‘cash gaming’ apps appearing very soon. Since Facebook floated in 2012, its stock has fallen around 45%, and the pressure is on to increase revenues. If they can add extra revenue streams from gambling then the future might not look so blue for the shareholders.
Ultimately Facebook will be hoping that U.S. lawmakers will relax America’s restrictions concerning online gambling later this year. A move that would see Facebook hit the jackpot.
Facebook Metaverse Offers New Possibilities for Bingo
Don’t be overwhelmed if you’re confused about the concept of the metaverse; it’s a broad term that many are straining to grasp and decipher its implications.
Proponents of the metaverse are dubbing it the most revolutionary advancement since the advent of online technology.
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Yet, its development is not a completely new concept; rather, this reimagined iteration offers an entirely different approach to engaging with digital tools and applications.
The metaverse is an ever-evolving concept that revolutionizes virtual reality, allowing us to exist within intricate and expansive digital worlds. One of the most obvious uses of the metaverse is in gaming, but its potential reaches far beyond entertainment.
This technology can be used as a teaching platform, allowing students to participate in virtual classes and engage with teachers and each other through an interactive multi-dimensional environment.
It also creates space for social interaction that transcends geographical boundaries, providing a safe space for people of all backgrounds to connect online.
Can I Play Bingo In The Metaverse
Yes, you can play bingo in the metaverse!
Many gaming companies have begun to develop and offer virtual bingo rooms for players to join.
Players will experience a 3D environment within the game, where they can interact with avatars of other players and take part in various challenges.
This type of immersive gameplay provides an exciting way for people to connect with each other and take part in a fun and communal activity.