The Top Stories in Mobile and Online Gambling

gambling on lineHere are some of the top stories in mobile and online gaming that our sister site mGamingWatch has been monitoring in recent days.

Locaid has been named as the only carrier location provider to receive official preliminary approval by the New Jersey Department of Gaming Enforcement (DGE) to enter into agreements with casino licensees and iGaming permit holders. Locaid is the world’s largest Location-as-a-Service (LaaS) company.

Founded in 2012, CataBoom is a marketing technology company behind a hugely popular Prize SDK that allows developers to quickly integrate a sweepstakes offer or an instant chance to win up to $1 million to their online, social or mobile-based games or applications. As the social and mobile gaming market becomes increasingly saturated, social casino game developers are taking cues from the land based casino industry for best practices in capturing new audiences.

On Tuesday, New York voters approved a state constitutional amendment to expand casino gambling. Voters effectively authorized as many as seven new full-scale casinos to come to New York in hopes of spurring economic growth and new employment opportunities.

Betable, a thriving platform that enables developers to legally offer real-money play in their own games, announced this week that it has raised new venture capital funding to support its plan to build what the company calls “the future of real-money play.” And what a bright future it is.

Over the weekend, the Press of Atlantic City reported that shareholders of a company partnering with Borgata for online gambling services will sell their stake of the company, ending the partnership. Ruth Parasol DeLeon-owned Emerald Bay Limited, and James Russell DeLeon-owned Stinson Ridge Limited will divest their 7 percent ownership of the company.