..

Facebook Casino Firm DoubleDown Interactive Reaches 1.2M

Written by:
Ace King
Published on:
May/15/2011
DoubleDown Casino

The Facebook casino application, DoubleDown Interactive, operator of the DoubleDown Casino games, this week hit an important milestone.  The company has reached 1.2 million new users and continues growing.

Ironically, the online gambling website is based out of Seattle, Washington.  It is the only state that makes gambling online a Class C felony, similar to that of a child molester, repeat drunk driving offender and a drug seller. 

But no worries for DoubleDown Interaction.  It’s casino does not deal in cash payouts, yet it’s still profitable. 

“We set out to build the most realistic virtual casino possible,” said Greg Enell, co-founder and chief executive officer at DoubleDown Interactive.

“Virtual currency” has helped the company realize a profit. 

Enell said the key to that growth was developing games with high retention rates. DoubleDown Interactive also has 1.1 million people fans (those who “like” the casino game company) on Facebook. 

Each day, players receive a minimum of 20,000 chips.

“If you need more, we will sell them for between $3 and $100,” he said. “For $3, a player will receive 15,000 chips or for $99 they’ll get a million chips.”

Players can win prizes, none of which are cash-based.

- Ace King, Gambling911.com

Gambling News

NFL Betting Line Analysis: Home Team -10

NFL Betting Line Analysis: Home Team -10

Gambling911.com looks at games that featured the home team a a primary -3 home favorite.  We look at the line moves around this number and the final results.

NFL Betting Line Analysis: Home Team -3

NFL Betting Line Analysis: Home Team -3

Gambling911.com looks at games that featured the home team a a primary -3 home favorite.  We look at the line moves around this number and the final results.

Bookies Guide to Sharps and Squares

Bookies Guide to Sharps and Squares

When running an online sportsbook it is important to understand the difference between the two key types of players: Sharps and squares.

Bragg Gaming Launches With Betway

Bragg Gaming Launches With Betway

ORYX Gaming, a Bragg Gaming Group company ( TSXV: BRAG, OTC:BRGGF ), announced today that its entire RGS portfolio has gone live with leading global online sports betting and casino operator Betway via their market-leading ORYX Hub platform. Betway is licensed in several key jurisdictions. 

Payments Crucial to Ongoing Growth of US Online Sports-Betting Market

Payments Crucial to Ongoing Growth of US Online Sports-Betting Market

Quickly and easily receiving payouts of winnings is the most important factor for U.S. sports bettors when selecting an online sportsbook, and prioritized by 37% of players, according to research released today by Paysafe, a leading integrated payments platform. The latest All the Ways Players Pay report also suggests that offering digital wallets and other alternative payment methods allows sportsbooks to overcome the challenge of card declines.

Syndicate