Where Does Gambling Fit in Gamification: Legal Issues and a Success Story
Gamblification is the intersection of social gaming and gambling. Many casino and card games make use of a human’s gambling instincts to lure people into deep engagement. Although real money is used to purchase chips to be used in these games, the chips are not redeemable for money. However, some social games provide venues where in-system virtual currencies can be exchanged or raffled for virtual goods. Some systems such as Virgin Gaming allow console players (PS3, XBOX) to wager real money against others for big cash prizes. But It doesn’t end there.
