{"id":9711,"date":"2012-05-21T18:00:35","date_gmt":"2012-05-21T18:00:35","guid":{"rendered":"http:\/\/www.gaming-awards.com\/NEWS\/?p=9711"},"modified":"2012-05-21T18:00:35","modified_gmt":"2012-05-21T18:00:35","slug":"all-eyes-on-facebooks-gambling-future","status":"publish","type":"post","link":"https:\/\/gaming-awards.com\/NEWS\/all-eyes-on-facebooks-gambling-future\/","title":{"rendered":"All eyes on Facebook\u2019s gambling future"},"content":{"rendered":"

\"\"<\/a>NOW that Facebook has made its stock market debut, all eyes are now on its plans for the future. Its crucial revenue could be in danger, as American regulators are still not fully decided on online gambling. Although some states are considering casino-style games, online gambling as a whole is still forbidden in the US. Facebook so far has escaped being in the focus of US regulators; the networking site uses virtual currency as opposed to real cash. However, the line is blurring between the two as markets have sprung up where gamblers can sell their virtual winnings. For instance, Zynga makes up 12% of Facebook\u2019s revenue.<\/p>\n

Leisure analyst Ivor Jones of Numis Securities, said: \u2018Social gaming companies currently trading on high stock market valuations, together with those which have paid high prices to enter the space, have much to fear from regulation.\u2019<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

NOW that Facebook has made its stock market debut, all eyes are now on its plans for the future. Its crucial revenue could be in danger, as American regulators are still not fully decided on online gambling. Although some states are considering casino-style games, online gambling as a whole is still forbidden in the US. Facebook so far has escaped being in the focus of US regulators; the networking site uses virtual currency as opposed to real cash.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[17,23,19],"class_list":["post-9711","post","type-post","status-publish","format-standard","hentry","category-igaming","tag-gambling","tag-gaming-2","tag-online"],"yoast_head":"\nAll eyes on Facebook\u2019s gambling future - iGaming Post<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gaming-awards.com\/NEWS\/all-eyes-on-facebooks-gambling-future\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"All eyes on Facebook\u2019s gambling future - iGaming Post\" \/>\n<meta property=\"og:description\" content=\"NOW that Facebook has made its stock market debut, all eyes are now on its plans for the future. Its crucial revenue could be in danger, as American regulators are still not fully decided on online gambling. Although some states are considering casino-style games, online gambling as a whole is still forbidden in the US. 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