- ‘Boogaloo’ memes are trying to organize a second civil war—and they’re spreading fast Today 3:48 PM
- People are disturbed by these McDonald’s-scented candles Today 3:47 PM
- Season 2 of ‘The Witcher’ is in production Today 3:16 PM
- Here are some cringey billboards Bloomberg ran in Arizona Today 2:51 PM
- PewDiePie returns to YouTube after 37-day hiatus Today 2:01 PM
- Why was a Republican Party Facebook page co-managed by someone in Turkmenistan? Today 1:26 PM
- The shorthand guide to ‘Star Wars: The Clone Wars’ Today 1:07 PM
- Congress urges Tinder to screen for sex offenders Today 1:03 PM
- Video shows 9-year-old threatening suicide after being bullied Today 12:01 PM
- Ex-Goldman Sachs CEO says he might vote Trump because Sanders is too mean to him Today 11:40 AM
- Twitch streamer says she was banned for body painting Today 11:39 AM
- Did BTS fans really cause TikTok to crash? (updated) Today 11:08 AM
- People are selling homemade tampons on Etsy Today 11:01 AM
- ‘Hunters’ review: Amazon’s Nazi-hunting series was a great idea, in theory Today 10:47 AM
- Warren drafts contract to release women from NDAs with Bloomberg (updated) Today 10:42 AM
Facebook reportedly eyeing gambling in the United Kingdom
A new report out says Facebook is considering offering legal gambling in the United Kingdom.
Facebook has a plan to offer gambling in the United Kingdom, eGaming Review is reporting.
Facebook could offer online gambling in the United Kingdom, where regulated gaming is legal, as early as the first quarter of next year, according to the report. Facebook, which has not confirmed the report, has reportedly talked with more than 20 gambling experts and would license eight established U.K. gambling companies that would develop applications
“This could be HUGE,” Mike Suprovici tweeted.
Indeed, while online gambling remains illegal in the United States, many revenue-strapped governments are considering proposals to allow online gambling to compete with offshore entities and brick-and-mortar casinos.
“Like people don’t spend enough time on it already,” Benjamin Lipson said in a Tweet.
In its early days, Facebook relied heavily on advertising from online gambling companies, which have a history of skirting anti-gambling laws in the U.S. and other countries. Facebook eventually banned those ads, but recently relaxed that policy, perhaps in a bid to make it more appealing to likely investors in an initial public stock offering it is expected to make next year.
There are still several details to be ironed out in any potential UK deal, including how the social network would verify users’ ages and how payouts would be made.
“Would parents be ok with this? Facebook In Talks To Open Platform For Real-Money Gambling,” Yasir Shirazi asked on Twitter.
Photo by Ross Elliott
Dave Copeland is a tech reporter whose work has appeared in the Wall Street Journal, Boston Globe, and ReadWrite. He teaches journalism at Bridgewater State University.