Virtual Currency as Valuable as “Real” Money

In today’s gambling world virtual currency is becoming just as valuable as “real” money. Consider that when you wager online you are able to wager for cash and credits. Credits are newer to the market, and they are a great way to increase your returns with added bonuses. If you earn up to a certain amount of credits you can turn them in for cash or prizes. This is a great way to maximize your own returns and come up with a bigger return for your investment. This is why gambling companies know are building bigger and better promotions that revolve around earning more credits. They know that it is a great way to keep customers coming back. Not only can they earn money, but they also can earn points that eventually can be turned in for money. The possibilities with virtual currency are endless and that is why some companies are seriously revamping their credit systems. Zynga is a company on the brink of making serious changes with its own virtual currency. The company just announced that is it patenting its money now.

Zynga is a company that managed and developed popular online games like Frontierville and Farmville. If you are on Facebook then you know that these are– you manage your account and having the proper credits are the way increase your returns and the way you manage your game. Zynga is patenting its money system because of how popular and how well the virtual currency works in its market. This is a sign of things to come in terms of where gambling is taking the world of online gaming. Now you can play with this virtual money and have a great shot at winning more. By patenting the money, the company is now creating a way for gamers to keep on wagering. Remember that the UIGEA has made it difficult for gamers to manage their money on a virtual website. This circumvents the problem by creating “virtual” currency that isn’t “real” and therefore doesn’t fall under the jurisdiction of the UIGEA. This is a good move for gaming companies to make and Zynga is on the cutting edge by changing things. Expect more companies to do the same as they move to virtual money systems that are not under the laws of the US and its gambling regulations.

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