According to a report on Inside Social Games, Caesars Interactive Entertainment has acquired Buffalo Studios LLC, a social and mobile games developer most known for its Bingo Blitz and Bingo Rush. The terms of the deal were not disclosed. “The Bingo Blitz business represents a unique opportunity for Caesars Interactive…
With the meteoric rise of Pinterest, many companies are leveraging its popularity. One way this is happening is that Brands are creating contests and promotions around users “pins.” This is a growing trend in the use of social media for contests, promotions and sweepstakes. However, this is an area that…
As the online gaming market slowly evolves, many companies are preparing to capitalize on it once the legislative process moves forward. In one of the latest announcements, Zynga has applied to get licensed in Nevada. According to a recent statement from Zynga: Zynga has filed its Application for a Preliminary Finding of Suitability from…
Due to “legal and regulatory pressure” Dublin-based Intrade will no longer accept bets from US customers and all existing US customers must exit their trades and close their accounts. Intrade operates a real-money based prediction market. This announcement from Intrade came just hours after U.S. regulators filed a civil complaint…
A weekly wrap up of interesting news about virtual worlds, virtual goods and other social media. Ubisoft Files Lawsuit against BEP Music over Music Game Publisher Ubisoft has filed a $1 million lawsuit against BEP Music LLC in Superior Court claiming that it created an iOS versions of…
This week, a federal judge ruled that poker is more a game of skill than chance. The decision is a victory for poker advocates who are pushing to legalize internet poker in the U.S. The judge relied extensively on the findings of a defense expert who analyzed online poker games.…
A weekly wrap up of interesting news about virtual worlds, virtual goods and other social media. Amazon Enters Social Gaming Market Amazon is entering the social gaming market just as two companies that pioneered the space, Facebook and Zynga, are struggling to figure out better ways to make money.…
A weekly wrap up of interesting news about virtual worlds, virtual goods and other social media. Will States’ Fight Against Sports Betting Ban Pay Off? Two states, New Jersey and California, are competing in a growing-stakes battle of states’ rights. The issue is the two-decade-old federal ban…
Following the DOJ decision reversing its position on the scope of the Wire Act, some states have moved forward with legislation to permit certain forms of intrastate gambling. New Jersey, along with Nevada, have been among the first movers. A recent lawsuit challenges a NJ law that permits wagering…
A weekly wrap up of interesting news about virtual worlds, virtual goods and other social media. App Makers’ Privacy Policies Leave Users In The Dark: Panel Several software developers and privacy advocates at a Federal Trade Commission workshop Wednesday shot down the notion that traditional privacy policies are…