Regulating Play Money Social Gambling Web Sites: Could It Be Coming?

Regulating Play Money Social Gambling Web Sites: Could It Be Coming?

Should play money media that are social be managed like its real money siblings? You can find arguments for both sides. (Image supply: Insidesocialgames.com)

The thrill of the casino doesn’t really exist without one key feature: money for most gamblers. The risk that is potential of and thrill of winning money is what drives most gamblers to play at all. But despite the fact that not just a penny that is single at stake, online ‘social casinos’ are still incredibly popular. These games allow players to savor blackjack, poker, slots, and a host of other games on Facebook along with other media that are social for no cost, and millions of players just take part in and enjoy these games every day.

Money Regarding the Table, Or Otherwise Not?

But while the games may look like gambling and feel like gambling, the known undeniable fact that there is no cash at stake on the end result of each spin or roll associated with dice means they are maybe not really gambling. And meaning that industry experts believe there’s no good basis for real-money online gambling regulations to just take hold inside their field.

‘A social casino is no more gambling than FarmVille or Candy Crush,’ said Paul Thelen, CEO of social gaming company Big Fish. Thelen was speaking during the GamesBeat 2013 conference as part of a panel on social video gaming, and regulation was the topic that seemed to come up over and over again.

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