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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 social media gambling be controlled like its real money siblings? There are arguments for both edges. (Image source: Insidesocialgames.com)

For most gamblers, the thrill of the casino doesn’t really exist without one key feature: cash. The risk that is potential of and thrill of winning cash is what drives most gamblers to play at all. But despite the fact that not a penny that is single at stake, online ‘social casinos’ remain incredibly popular. These games allow players to take pleasure from blackjack, poker, slots, and a host of other games on Facebook as well as other social news sites for no cost, and millions of players simply take component in and enjoy these games every day.

Money On the Table, Or Not?

But while the games may look like gambling and feel gambling, the known undeniable fact that there is no cash at stake on the outcome of each spin or roll of the dice ensures that they are not really gambling. And meaning that industry experts believe that there’s no good basis for real-money online gambling laws to simply take hold in their field.

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

‘The industry is getting its