Facebook is approaching several operators to establish itself in the real money online gambling market in the United Kingdom. The social networking giant has not yet announced the approximate time line from which it will start offering real money games. The site is presently promoting its latest plan to gaming operators in the UK. In addition, Facebook is also developing the best procedures it can adopt to transform the outlet for social media into that for real money online games.

Facebook Plans to Offer 8 Licenses to Operators who will Integrate their Apps through the Site's Platform

8 licenses will mostly be offered by Facebook to individual operators who will use its platform for integrating their applications. Fresh recruitments have been made by the social networking site for the purpose of introducing a platform for real money games in the United Kingdom.

Zynga Casino Satisfied with Profits made from Play Money Facebook Games

Facebook's free-play casino games are offered by Zynga Casino. Last week, the casino site announced through its manager Lo Toney that Zynga Casino is satisfied with the profits made from poker games offered in the free play mode. The company is not keen on changing its present business format. Lo Toney stated that Zynga operates in the field of virtual business and has been able to flourish in the industry with its current business format. The company has no plans of entering into the real money online gaming market.

Gamesys, 888 and PokerStars approached by Facebook

To achieve its goal of entering the real money online gaming market, Facebook has already started consulting prominent gambling sites in the industry, including PokerStars, Gamesys and 888 Poker. It has been reported that 888 and Gamesys, which offer games like online roulette will be the first to open real money casinos on Facebook.

Zynga currently has close to 7 million apps integrated into the social networking site. The marketing team which is behind the immense popularity of the data mining site, PokerTableRatings, has been employed to market Zynga's offerings. The customer base of Zynga is increasing significantly every month.

Real Money Wagers on Facebook Expected to Start from 2025 March

Wagering with real money on Facebook in the UK is likely to be facilitated by March 2025. However, several details have to be planned out, before the launch of the real money online gaming platform. Issues regarding how revenues are going to be divided between gaming operators and Facebook have to be settled. Procedures to verify age of players also have to be fixed so that minors are not able to gamble on Facebook. Logistics of payment processing and the time required to integrate real-money gaming applications onto Facebook also have to be chalked out.

Established 7 years ago, Facebook is now a social networking giant. It has about 800 million users spread across the world. Majority account holders log into their accounts daily and a user on an average has 130 friends on Facebook. 250 million photos are uploaded on the site everyday.