Social networking sites have, for a long time, entertained players with their gaming networks and have given one more excuse for the world to come together. As gaming and networking fever gripped at the same time, the leaders of the gaming industry quickly grabbed the golden chance to make the most of this lush scenario.
Joining the league of big online casinos that are busy buying virtual property for providing gaming platform to Facebook users is International Game Technology (IGT). It is about to buy Double Down Interactive, which is one of the top Facebook game developers.
The agreement between IGT and Double Down Interactive is anticipated to involve about $500 million. IGT will pay an initial amount of $250 million, followed by the rest of the payments later. The rest of the payment mode and transaction agreements have not been made public till now.
More About International Game Technology
IGT is famous in the world of online gambling for creating successful games like Vegas Blackjack 20+ Bonus, 50,000 Pyramid, Bitten, Cleopatra and Cleopatra II, White Orchid, and Wipeout. The company is also into developing mobile gaming software. IGT is also known for acquiring companies that assist them in gaining greater control over the gaming market.
More About Double Down Interactive
Double Down Interactive is one of the largest companies involved in providing free-to-play casino games on Facebook and other social networking sites. Double Down Casino is their chief product. This is a free-to-play casino offering several attractive promotions as well as prizes. Being the biggest free-to-play casino game company makes the deal with IGT all the more important. Fingers are crossed over the outcome of this deal between Information Game Technology and Double Down Interactive.
Even as Facebook becomes the new muse of gaming companies, mobile casino tournaments are in full swing this month at Bet365 Casino. The casino is offering a series of attractive tournaments for slots as well as roulette. The Mobile Roulette Tournament commenced on January 10. It features a cool $1,000 prize that is divided among the best 15 players. The player in first gets $200, at the second position gets $150. Third place gets $120, and the fourth and fifth positions get $100 and $80, respectively. The rest of the prize amount is distributed among the remaining 15 players.
The Mobile Slots Tournament began on January 17. It features a similar prize structure. Mobile gaming has already become the rage among die-hard players. It has also attracted a new breed of gamers who believe in playing games everywhere they go. People who never gamed before have started using mobile gaming services to get a taste of the online gaming world.
Now, with Facebook almost becoming the lifeline of millions of Internet users, the time is ripe to reap the benefits of launching exciting online games on this site. The deal between IGT and Double Down surely raises hopes to take the gambling and casino industry to the next level.