Gambling Social Networks

I saw a stat (pulled from a decade ago) that said more than 1.6 billion people gamble each year.

Social media platforms are using the same techniques as gambling firms to create psychological dependencies and ingrain their products in the lives of their users, experts warn.

Knowing that, would you be surprised to hear that even more people play social casino games? One statistic said that more than 11 million users visit the top social casino games on Facebook daily.

Download most used social media app for Android and iOS. Tapebook is a new social network that cracked our top list of social media apps to join in 2021. It's a place where you can record and only engage through short audio & video 'tapes'. It’s kind of like social podcasting with a video twist. 'We're aware of gambling activities and products taking on new social aspects borrowed from social games and social media,' Dirk Hansen, chief executive of the gambling advice charity GamCare, says. Jam City is an award-winning entertainment company providing unique and deeply engaging mobile games that are played by tens of millions of people across the globe. Ugame – a social network for all gamers, from the players of casual flash games to the competitive online gamer. It lets you keep up with friends, upload photos, share configs and videos, organize.

Social networks journal

That comes out to more than 4 billion users per year. About 2.5x the number of people who gamble for real money.

Now, that is only the user-base and not money spent or earned. Social games are nowhere near traditional gambling in that sense, where traditional gambling generates $100+ billion each year.

But social gambling is still brand new, and it’s still growing. It’s currently a $3.4 billion niche market with experts estimating it’ll reach $4.4 billion by 2017. It makes up 4% of the overall $91 billion social gaming market – which is comparable to traditional gambling.

The point is this: social casino gaming is a big deal.

So big, in fact, that many traditional poker and casino companies are buying their way into this space. We have a few examples later on, but the most current example is the World Poker Tour. On August 31st, 2016, they announced the launch of their social casino platform, PlayWPT, which includes both poker and slot games.

Networks

Gambling Social Networks App

Anyway, chances are you’re already familiar with social games. Maybe you already have a favorite social slots or blackjack game you play. If not, then we’ll bet you’ve at least seen these games on your Facebook.

If not, that’s okay too. Either way, you’re about to learn (more) about social casino gaming. The following sections will cover:

Gambling Social Networks Network

  • What social gaming is.
  • How social gambling is different from traditional gambling.
  • Social gambling companies and games.
  • Risks and downsides (including addiction).
  • Thoughts on why social gambling is legal while many forms of (online) gambling is not.
  • What the future has in store for social gamers.