Saturday, April 7, 2012 | 2 a.m.
Facebook is being seen as a way to introduce casino games to a younger crowd via social gaming.
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Las Vegas casinos might not be the only ones betting on the legalization of online gaming, according to an article on The Wall Street Journal’s All Things D website. Social networking giant Facebook might also be playing a big hand.
In the article, Facebook is compared to a casino in terms of real estate and customers, the report says.
Facebook takes a 30 percent cut of the money that game developers make from games they’ve created for the social networking site, the report says.
Slot machine manufacturers like Nevada-based International Game Technology are trying their luck in the world of social networking by creating games for a virtual casino, a free application on Facebook, the report says.
Right now the Wire Act of 1961 outlaws bets on sporting events, but depending on the state not all events and contests are prohibited, according to the report.
To read the entire Wall Street Journal's All Things D story, click here.
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