Future Of Online Gambling
While online gambling is still forbidden in the U.S., many countries around the world welcome it with open arms. Chris Griffin thinks the market potential is big. Very big. Mega big.Griffin is CEO of Betable, a San Francisco-based startup that has built a “gambling engine” that can be plugged into both traditional and non-traditional games of chance. The company has survived a grueling licensing process for the U.K. and other markets, and has begun to sign up online video game companies interested in adding a gambling component to their games.
The idea here is that Betable manages the gambling and transactional stuff, freeing developers to focus on game play. Griffin thinks there’s room for both traditional gambling games like poker, as well as games not generally thought of as having a gamling element. (Think Zynga’s Farmville, for instance; I bet I can grow twice as much corn as you can.)
I sat down with Griffin at the Techonomy 2012 conference in Tucson, Arizona Sunday afternoon to consider the future of online gaming. you’ll find the result in the video below.
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