For those who love gambling but do not want to spend money, there is not only a free mode in the online casino. Social casinos can be a great option. They appeared not so long ago and are now actively gaining momentum. Social gambling is turning into a big business that attracts more and more new investors.
These are casino games that are available on social networks such as Facebook. This social network accounts for more than 60% of the players. The world of social casinos is a completely different world with its own developers. Although some of the studios that are well known to regular online casino players have also made their mark in the field of social gambling.
The main difference between social casino games is that they are free. You download applications to your phone or play directly in your browser. Win, lose, share the news with your friends.
Facebook only allows real play for a few countries. And for this, the approval of the social platform itself is first required. Therefore, most of the games in social casinos are free. Then how do operators earn money?
Social casinos make money by selling additional features in the games themselves or virtual goods for the game. For this, players pay regular money. The principle is the same as when playing any other toy. Some are offered for free, while others require payment.
It is estimated that social casinos on Facebook are played by millions of users every day. Of these, approximately 20% spend money on the purchase of various features. So, interest from investors is logical here. The social gambling industry is estimated to be worth $2.7 billion.
The range is about the same as in regular online casinos. slots, roulette, blackjack, poker are available to players. Despite the name “social” gambling, players generally do not have the opportunity to play with friends. The exception is poker.
The choice of games is not yet as great as in traditional online casinos. But in the future, it might be different. Despite the fact that this area is actively developing, the games cannot be compared with the best games developed by the studios for playing in brick and mortar casinos.
Some of the largest social casino operators are Big Fish Casino, Zynga, DoubleDown Casino and Slotomania. They average millions of players per month and have a good selection of games. They even host tournaments, jackpots and offer VIP status and bonuses.