Mobile Social Online Gambling Competition Heats Up

Published Monday, February 04, 2013 - Online-Casinos.com

Koolbit is a social mobile casino firm located in the USA. Koolbit started to develop games for the mobile online casino industry early. The addition of social gaming for real money is their latest launch. The company realizes the massive potential for mobile gambling as they gain traction in this growing trend. Koolbit released its first social mobile casino games last year as a virtual casino with virtual money.

Now the addition of real money gaming on the mobile social networks make Koolbit part of the growing number of firms focusing on the cross over market between social gambling and online casino real money spending. The full complement of games offered are on the newest way to play with an HTML5 foundation. California based Koolbit has partnered with Cosy Games which holds an online gambling license granted by the Isle of Man. Gerard Cunningham Chief Executive Officer of the firm said in an interview with GamesBeat, “We’ve taken a mobile first approach with the design, but you can play it in a Web browser anywhere,” Cunningham said. “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.”

City Slots, Koolbit’s flagship suite of casino games, will continue to be online as a separate virtual-currency mobile. City Slots is very popular on Google Play’s Cards and Casino Games page which is part of a $3 billion social casino games market. iGoSlots, will move Koolbit into the $44 billion online gambling market. The iGoSlots.com site has been launched in the U.K. offering 25 titles, including slot machines, scratchers, roulette, blackjack, video poker, and bingo. It will be interesting to watch the start up real money social gaming firms develop and how the competition will present their mobile offerings to consumers.

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