Def Pen
  • News
    • World
    • US
    • Politics
  • Music
    • News
    • Hip Hop
    • R&B
    • Pop
    • First To The Aux
  • Sports
    • Basketball
      • NBA
      • WNBA
      • NCAAB
      • EuroLeague
      • High School
    • Football
      • NFL
      • XFL
      • NCAAF
    • Baseball
      • MLB
    • MMA
    • Boxing
    • FIFA
    • Sports Betting
    • Track & Field
  • Fashion
  • Business
  • Movies
    • Trailers
  • TV
  • Tech
  • Women
    • Spotlight On Empowerment
  • Shop
Def Pen
  • News
    • World
    • US
    • Politics
  • Music
    • News
    • Hip Hop
    • R&B
    • Pop
    • First To The Aux
  • Sports
    • Basketball
      • NBA
      • WNBA
      • NCAAB
      • EuroLeague
      • High School
    • Football
      • NFL
      • XFL
      • NCAAF
    • Baseball
      • MLB
    • MMA
    • Boxing
    • FIFA
    • Sports Betting
    • Track & Field
  • Fashion
  • Business
  • Movies
    • Trailers
  • TV
  • Tech
  • Women
    • Spotlight On Empowerment
  • Shop
  • Tech

Facebook can make $100 billion thanks to gambling online

  • November 6, 2019
  • Jared Brown
Facebook
(Pixabay)

Apple will soon introduce a new Wi-Fi standard into its products Apple will soon introduce a new Wi-Fi standard into future iPhones, which will feature Lytroi photography.

At a party in Munich recently, a source close to Facebook revealed speculation: “If online gambling is legalized, Facebook will become a $ 100 billion company.”

Facebook is a useful tool for online casinos

Social networking is becoming a powerful tool when introducing products and services, If you know how to use it properly, it can bring a lot of great revenue when you do not need to spend too much. a lot of funding. The entertainment gambling industry makes good use of social networking to attract large numbers of players.

“Many online bookies encourage players to register via Facebook accounts on social networks”.
One of the first online casinos to use this tool was BETAT Casino and the facilities were amazing. The challenging task of any online casino is to convince players to register to play when they register via Facebook to save time. Many players find it convenient to share bookmakers, events, or marketing campaigns. That is how you can get more bonuses and get more subscribers from participants without having to pay any extra fees.

Notes when using Facebook to play online games

Some players want to keep their personal information private because social networks can cause problems. The choice between convenience and discretion on personal matters is something players should consider.
Social networks have always had positive contributions, and Facebook is a free marketing tool that is great for many online casinos such as Online Casino in New Jersey.
$100 billion is the amount of profit, not the value of Facebook reaching $ 100 billion. Currently, the value of Facebook is close to $ 100 billion. Even Google currently only reached $ 40 billion in profits, while in 2011, Facebook only achieved $ 4 billion in profits.

The argument behind this conjecture is based on the popularity of online games now integrated into social networking site Facebook. If the US government passes a law to make online gambling services legal, Facebook’s income will quickly increase.

Currently, the profit from trading virtual items of online game companies like Zynga must be cut by 30% to Facebook. Meanwhile, there is information that Zynga earned about $ 1 billion, meaning that Zynga and Facebook alone earned $ 40 million in profits. However, profits from online games currently do not account for the majority of Facebook’s profits, the company’s biggest source of revenue is advertising.
Last year there were rumors that Facebook was seeking to set up a gambling service in the UK, where online gambling has been legalized. But in order to really make a profit as guesswork, American law must allow online gambling. Over the past few years, many gambling companies in the United States have sought to lobby the federal government to change the law so that they can run this form of gambling online.

Jared Brown

Def Pen Founder

You May Also Like
View Article
  • Tech

How to Recover Data from a Formatted Hard Drive

  • Josh Samuels
  • April 29, 2025
View Article
  • Music
  • Tech

Spotify, Warner Music Unveil Multiyear Agreement

  • Ryan Shepard
  • February 6, 2025
View Article
  • Music
  • Tech

Spotify, UMG Announce New Multi-Year Agreement

  • Ryan Shepard
  • January 28, 2025
View Article
  • News
  • Politics
  • Tech
  • US

Bill Gates Calls Elon Musk’s Political Presence ‘Insane S—t’

  • Ryan Shepard
  • January 28, 2025
View Article
  • News
  • Tech
  • US

Apple CEO Tim Cook Donates $1 Million To Inauguration

  • Ryan Shepard
  • January 19, 2025
View Article
  • News
  • Tech
  • US

TikTok, CapCut Suspend Service Amid Looming Ban

  • Ryan Shepard
  • January 18, 2025
Spotify
View Article
  • Music
  • Tech

Spotify Cancels GRAMMY Week Events Amid Los Angeles Wildfires

  • Ryan Shepard
  • January 17, 2025
View Article
  • MMA
  • News
  • Politics
  • Tech
  • US

Dana White, Elon Musk Expected To Appear At Donald Trump’s Madison Square Garden Rally

  • Ryan Shepard
  • October 26, 2024

©Copyright 2025 DefPen.com. All rights reserved.

Def Pen is a registered trademark. DefPen.com is part of the Def Pen Media Group, LLC.

  • Contact
  • Advertising
  • Privacy Policy
  • DMCA
  • Shop

Input your search keywords and press Enter.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT