It has been called the new frontier in online gambling, and while some gambling games are by nature more social than others, this new zeitgeist promises to make playing virtually any gambling game a social experience. It has become such an important factor to the industry that a conference has been specifically called for dealing with what seems to have become another sector of this incredibly successful industry. We’ll take a wager that when the first gambling game went live online, the developers/operators had absolutely no idea just how big this genre would become!

The first Social Gambling Conference takes place on 16th November in London – Dexter House on Tower Hill. iGaming Business is the host.

As experts in the field of gambling online claim they see huge opportunities opening up in the social space, the big question is "where is the money?" Of course this question is as relevant to operators as it is to social gamers who are keen to win prizes. It is the online gambling part of the equation where attention should be focused, but there also has to be a way to get the balance right. This gathering hopes to address the intricacies and interesting facts of a rather complex subject.

As we see social gambling transform into real money gambling online, the same is taking place from the real money online gambling point of view, where this business is becoming more social. So, like in all instances of just about everything, there are two sides to the coin… thank goodness for that…that is how we achieve balance.

Implications include legal and regulatory requirements as the social gaming market unfolds. But as the experts tell us, there are a great many opportunities presenting themselves. All we need to think about to grasp the idea; is the fact that Globally there are close to 1 billion Facebook users. Already more than 11 million regular (daily) users have made social media platforms the place play to win, and it is estimated that 50% of Facebook users play social games.

Facebooks five top casino games are Texas Hold Em, Slotomania, Double Down, Bingo Blitz, and "Best Casino", so, it doesn’t take a rocket scientist to see that a huge new market is readily available for existing online gambling operators – but, and here is the rub, they have to make the games social. The five games we mentioned attract a fairly incredible 11,240,000 daily players; who wouldn’t want a slice of that pie?

The two sides of this global online gambling and social gaming equation has become a classic "you scratch my back, and I will scratch yours" scenario. Each business sector is being offered the opportunity to accelerate one-another’s growth. Money is made from the sale of virtual goods, such as coins to unlock more advanced features. It is in this aspect that money is made. Getting ahead appeals to the need for personal achievement and status, so, players spend the money. Social gamers are therefore not so much different from online gamblers, and in fact many play both types of games.

Tags for this post: facebook casino, facebook gambling, facebook poker, online casino facebook, online gambling facebook, social gambling, social gambling online