Quote:
Originally Posted by PTLou
Hi PTLou. Thats a fair question. Lets see how we can make sense of the difference here:
How does VGW / Chumba Casino / Global Poker differ from the Sweepstakes Internet Cafe model?
The key difference is in the product that VGW sells in Chumba Casino / Global Poker, versus the product that Sweepstakes Internet Cafes sell.
VGW sells virtual currency. Internet Cafes sell "phone cards" and "internet time"
For sweepstakes cafes, the utility of their products are questionable at best, or nil at worst. The products are widely seen (both by players and law enforcement) as simply mechanisms to obtain more sweepstakes without promoting the trade in a bona fide product. (eg. Who pays for internet time or phone cards these days?)
However, virtual currency for use in social casino and/or social poker games is by contrast a very large, legitimate and mature market.
The success of games like Slotomania, Doubledown Casino or Zynga Texas Hold 'Em Poker are evidence of the large market for virtual currency social casino games.
Chumba Casino and Global Poker are such virtual currency social casino games.
VGW sells virtual currency (Gold Coins) for use at these games, where players play only for entertainment.
Because virtual currency product has wide use and precedent, demonstrable in the social casino industry, it is therefore a bonafide product unlike those of Sweepstakes Internet Cafes.
Internet Cafes are also subject to laws that consider physical establishments and the use of sweepstakes; as opposed to VGW's social casino games which do not fall in the same category.
Hope that answers your questions