Facebook, The New Face of Gambling

Posted on: August 9th, 2012 by Ashley No Comments

Facebook has now released its first ever Online Gambling App in its app centre and not surprisingly to anyone who watches evening TV, it’s a BINGO app.

For the first time UK users will be able to bet real cash to beat the odds and win big. Facebook would not confirm the percentage profits they plan to take from the transactions however standard practice would have them minting 30% of the revenue. Facebook have also confirmed they are hoping to release real money poker in 2013 and we can only assume a host of other Apps as it tries to muzzle in on a gambling market worth in excess of £275 billion a year.