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Re:Betable: Bringing real gambling to social casino games by davidtyleryork on Monday July 23, 2012 @02:03PM (#4282217)
Betable handles all of the gambling, so game companies working with us do not need licenses. This is a key piece of our value proposition: licenses cost millions of dollars and take years to acquire.

As for the revenue share, given the cost of licenses (mentioned above), and the significant increase in revenue that could come from real-money gambling, we think this is appropriate. Remember that we employ and manage the legal, fraud and compliance aspects of gambling that make it so expensive and time consuming. Also, this revenue share only applies to gambling revenue. Your IAP and ad revenue remains your own.

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