FaceBook to Earn $1 Billion from Social Gaming This Year

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FaceBook to Earn $1 Billion from Social Gaming This Year

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Kevin Ryan, an entrepreneur and ex-CEO of DoubleClick, predicted that Facebook will generate approximatly $1 billion from its social gaming services this year. He arrived at the figure with the help of his brother Sean Ryan, who is the director of social gaming partnerships for FaceBook.

FaceBook however, as a private company, has no obligation to disclose such financial information and has refused to comment on the prediction. The company will be going public next year with a very high Initial Public Offering because its valuation has been predicted to be greater than $100 billion.

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Anand Kapre
A gaming freak, A Computer geek and an important role player at . He also is a maniac cook( loves his grill) and the founder of Anand is dedicated to testing the devices to their core and finding the useful from the lifeless.