Bingo!

U.K. Users Can Now Gamble Real Money in Virtual Facebook Games

And by "gamble" we mean "squander."
 U.K. Users Can Now Gamble Real Money in Virtual Facebook Games

(Photo: Gamesys)

With all this spare cash we have lying around, we were getting concerned that there weren’t enough outlets on the Internet for us to waste it. Luckily, Facebook has our back, and it’s an even better way to spend money than on shitty Zynga goods.

According to the Financial Times, Facebook has launched its first game where users can bet real money (with the hopes of winning real money, of course). Because gambling laws in the U.K. are closely regulated and allow for that sort of thing, the game will only be available to U.K. users, which is a damn shame for those who love Atlantic City but don’t feel like venturing out of their dark basements.

Facebook’s first foray into gambling will be pretty staid: It’s a Bingo app, built by U.K. gambling game company Gamesys, appropriately called Bingo Frienzy.

But if fellow New Yorkers were hoping Facebook will bring gambling to its U.S. platform any time soon, you might have to channel your dreams elsewhere:

In the US, where the majority of Facebook revenues are generated, the market for real-money social gaming is in effect closed. Regulators only recently began opening the door to certain kinds of online gambling, and only at a state level, presenting significant technical challenges for keeping operations within the law.

Guess you’ll have to stick to wasting money on buying Farmville crops, then.

Follow Jessica Roy on Twitter or via RSS. jroy@observer.com