In 2012, Koolbit released its first – but instantly popular – social mobile casino game allowing players to purchase virtual chips and play for fun.
But the “fun” has just been expanded to include real gaming. As in, the chips just got real.
Koolbit is taking its mobile casino games to the next level, as they are now available as real-money online and mobile-gambling titles.
Actual gambling, however, is only permissible to players in the United Kingdom.
“We’ve taken a mobile first approach with the design, but you can play it in a Web browser anywhere,” says Gerard Cunningham, chief executive of San Francisco, California-based Koolbit. “We’ve had virtual goods casino games running for nine months now, and we’re now going to have the biggest real-money mobile casino network with 25 games.”
In the social gaming realm, Koolbit has a number of substantial competitors, including the likes of Zynga. In terms of online gambling, the playing field is more level, although William Hill, Bwin.party, Betfair, and Paddy Power are becoming formidable powers in this emerging industry – an industry that could sweep the U.S. before long.