Paul Thelen

Big Fish CEO sees clear line between social casinos and real online gambling

MOUNTAIN VIEW, Calif. – It’s a tumultuous time for the social casino market. As real-money gambling heads to the Internet in fits and starts, companies that make casino-style social games might seem best positioned to capitalize on the Internet gambling trend. But the leader of one of those companies, Big Fish CEO Paul Thelen, cautions that social gaming… Read More


DoubleDown exec: Federally regulated real-money online gambling coming in 1 to 3 years

SAN FRANCISCO–At the casino track of this week’s Casual Connect conference, real-money gambling is one of the big questions hanging over the burgeoning social gambling industry. With Nevada, New Jersey and Delaware all having recently legalized real-money online games, developers are wondering when that same opportunity will be extended across the US. Charles Harper, DoubleDown’s… Read More


Cha-ching: Double Down posts big profits again, expands social casino globally

Things are rolling for Double Down Interactive. The Seattle-based maker of casino-style social games that was gobbled up by Las Vegas-based International Game Technology for as much as $500 million last year saw its second quarter revenues increase sequentially by 31 percent to $54 million. This comes after the company pulled in $128 million within 12 months following the IGT acquisition…. Read More


Big Fish launches first mobile social roulette game

Roulette, like many casino table games, can get a little boring if you’re playing alone. For those who want an audience watching their big money wheel spins but can’t make it to the casino, Big Fish now has an answer. The Seattle game maker, founded by former RealNetworks employee Paul Thelen in 2002, just added the… Read More


Report: Social casino game revenues on the rise

With the arrival of social casino games, no longer must you drive to the local casino to try your luck at hitting 21 or rolling craps. It’s as easy as going on the Internet to gamble, and the numbers now show that the market for social casino games is growing exponentially. A study from research firm… Read More


Facebook tests UK gambling in possible preview for US

The characters are cuddly, but don’t let those wobbly eyes fool you — the stakes in this Facebook game are very real. It’s called Bingo Friendzy, and it’s the first game on Facebook to let players win (and lose) real money. It launched this week exclusively in the UK, where online gambling is already a… Read More