Thursday, June 11, 2009

Coinstar Gets Into Social Gaming; Will Sell Prepaid Game Cards For Facebook, Others

Tameka Kee of Yahoo Finance reported last week that Coinstar, well-known for its coin counting machines, will now go into the business of prepaid gaming cards. The cards will be for use in social gaming, including cards for games and apps on Facebook.

According to Kee's report, Coinstar, which recently acquired DVD-rental kiosk-maker Redbox, inked deals with game companies like WildTangent, Spare Change and Aeria Games to offer the cards; buyers will be able to use them for subscriptions and tokens on casual games sites, to buy goods in virtual worlds (and in social games on Facebook and MySpace), as well as for massively multiplayer online (MMO) games.

For more information, please visit the original Yahoo Finance article here.

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