Hasbro buys majority stake in Backflip

The toy maker buys 70% of the Colorado-based mobile game developer for USD 112 million in cash. Backflip is well known for games like DragonVale and Paper Toss and reportedly nearing USD 100 million in annual revenues (primarily from iOS products). The company´s games have been downloaded 300 million times so far.

Full story: Hasbro buys majority stake in Backflip | GamesIndustry International.

Zynga Begins the Licensing Process for Real-Money Gaming in the U.S. – Tricia Duryee – Commerce – AllThingsD

It might take a while, but Zynga set the first step for the application of an online real money gambling license in Nevada. The second important strategic move after partnering with bwin.party in the U.K. to roll out a real money gaming platform there in 2013.

Full story: Zynga Begins the Licensing Process for Real-Money Gaming in the U.S. – Tricia Duryee – Commerce – AllThingsD.

Report confirms that social casino games have hit the jackpot with $1.6B in revenue

The U.S. being the biggest market now with 35,4 million monthly social casino players, followed by Europe – and expected to grow to USD 2,4 billion by 2015. The average social casino gamer spent USD 78,- in July this year, which is nearly double the monthly ARPU of an average social gamer (USD 43,-)

Full story: Report confirms that social casino games have hit the jackpot with $1.6B in revenue | VentureBeat.