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	<title>Xconomy &#187; gambling</title>
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	<pubDate>Fri, 10 Feb 2012 21:45:27 +0000</pubDate>
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		<title>Beyond Gaming Adds Web-based, Social Networking Components to Traditional Console Gaming to Virtualize Tournaments</title>
		<link>http://www.xconomy.com/detroit/2010/10/27/beyond-gaming-adds-web-based-social-networking-components-to-traditional-console-gaming-to-virtualize-tournaments/</link>
		<pubDate>Wed, 27 Oct 2010 15:13:55 +0000</pubDate>
		<dc:creator>Erin Kutz</dc:creator>
				<category><![CDATA[Detroit]]></category>
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		<guid isPermaLink="false">http://www.xconomy.com/?p=109144</guid>
		<description><![CDATA[Tony Legeza and his fellow video game lovers at Beyond Gaming are out to add a bit of new-world flavor to the more traditional world of playing games on consoles like Xbox 360 or Sony’s Playstation models. The inspiration for the Toledo, OH-based startup, which is working to build a Web community of video gamers [...]]]></description>
			<content:encoded><![CDATA[ 
		<a rel="attachment wp-att-109149" href="http://www.xconomy.com/?attachment_id=109149"><img style="float:right;margin: 0px 0 5px 15px;" class="alignnone size-thumbnail wp-image-109149" title="BeyondGaming" src="http://www.xconomy.com/wordpress/wp-content/images/2010/10/BeyondGaming-180x65.png" alt="BeyondGaming" width="180" height="65" /></a> 
		<strong>Erin Kutz</strong>
		<p>Tony Legeza and his fellow video game lovers at <a href="http://www.beyondgaming.net/">Beyond Gaming</a> are out to add a bit of new-world flavor to the more traditional world of playing games on consoles like Xbox 360 or Sony’s Playstation models.</p>
<p>The inspiration for the Toledo, OH-based startup, which is working to build a Web community of video gamers who compete for cash in tournaments through their game consoles, came when one of the co-founders qualified for a tournament in LA but didn’t have the money to get there, says co-founder and CEO Legeza, who resides in Bedford Township, MI. The founding team thought others looking to participate in traditional video game tournaments might find themselves in the same boat—or just want to compete more regularly without hitting the road—so they decided to create a platform to match players up via the Web and bring tournaments to them.</p>
<p>“Instead of playing for just bragging rights, we’re giving them the opportunity to monetize their skills,” Legeza says.</p>
<p>Legeza, an engineer by trade, says he was hesitant initially because he was concerned with the legality of running gaming tournaments for cash online, but found that video games weren’t an issue because they center around skill, not luck. The Toledo, OH-based startup began developing the platform in summer 2009, and last February started a private beta version involving 500 players. Earlier this fall it opened up the service to the public.</p>
<p>Beyond Gaming members search the service’s website for <a href="http://www.beyondgaming.net/press">tournaments</a>, which take place several times a day and involve head-to-head matches against other players at a set time. The gamers deposit their betting money into a PayPal account and match up against each other real-time within a particular game, so the opponent on screen actually represents the opponent they are playing for cash.</p>
<p>“Our system has the inputs to go out and retrieve the results real time, “Legeza says. “We bring the information back into our database to determine where the money should be allocated.” He kept pretty quiet on how exactly the company’s technology works to extract data from the games in order to track the tournaments and scores, but said that “gaming companies are providing a lot of public facing info, [and] because of that we’re able to access it in different means.”</p>
<p>In addition to the tournaments, Beyond Gaming is looking to serve as a gaming-focused social network community, where members can connect with friends, post on each other’s walls, and access video and blog content centered on gaming.</p>
<p>Video gaming has long had online community-based elements, thanks in large part to <span class="read_more"> <a href="http://www.xconomy.com/detroit/2010/10/27/beyond-gaming-adds-web-based-social-networking-components-to-traditional-console-gaming-to-virtualize-tournaments/2/"> … Next Page »</a></span></p>
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		<title>GameLogic Doubles Down with $8 Million in Series C Funding</title>
		<link>http://www.xconomy.com/boston/2008/08/18/gamelogic-doubles-down-with-8-million-in-series-c-funding/</link>
		<pubDate>Mon, 18 Aug 2008 12:25:19 +0000</pubDate>
		<dc:creator>Wade Roush</dc:creator>
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		<guid isPermaLink="false">http://www.xconomy.com/?p=4353</guid>
		<description><![CDATA[Waltham, MA-based GameLogic, which manages online games that double as customer loyalty programs for patrons of bricks-and-mortar casinos, has collected $8 million of a $10 million Series C funding round, according to a regulatory filing cited by Private Equity Hub. Backers included existing investors Bain Capital Ventures, General Catalyst Partners and Maveron.]]></description>
			<content:encoded><![CDATA[ 
		 
		<strong>Wade Roush</strong>
		<p>Waltham, MA-based <a href="http://www.gamelogic.com">GameLogic</a>, which manages online games that double as customer loyalty programs for patrons of bricks-and-mortar casinos, has collected $8 million of a $10 million Series C funding round, according to a regulatory filing <a href="http://www.pehub.com/article/articledetail.php?articlepostid=14064">cited by Private Equity Hub</a>. Backers included existing investors Bain Capital Ventures, General Catalyst Partners and Maveron.</p>
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		<title>From MIT Blackjack to E-Mail Databases: We Catch Up with the Other Micky Rosa</title>
		<link>http://www.xconomy.com/boston/2008/04/02/from-mit-blackjack-to-e-mail-databases-we-catch-up-with-the-other-micky-rosa/</link>
		<pubDate>Wed, 02 Apr 2008 15:39:46 +0000</pubDate>
		<dc:creator>Wade Roush</dc:creator>
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		<description><![CDATA[Lots of folks are excited about the movie 21, a semi-fictionalized account of the exploits of the MIT blackjack team in the 1990s. That’s clear not just from the film’s box-office-leading performance last weekend, but from the fact that so many people are coming out of the woodwork and identifying themselves as members of the [...]]]></description>
			<content:encoded><![CDATA[ 
		<img style="float:right;margin: 0px 0 5px 15px;" src='http://www.xconomy.com/wordpress/wp-content/images/2008/04/fresh_address_logo.thumbnail.jpg' alt='FreshAddress Logo' /> 
		<strong>Wade Roush</strong>
		<p>Lots of folks are excited about the movie <em>21</em>, a semi-fictionalized account of the exploits of the MIT blackjack team in the 1990s. That’s clear not just from the film’s box-office-leading performance last weekend, but from the fact that so many people are coming out of the woodwork and identifying themselves as members of the team.</p>
<p>In fact, there’s a bit of a controversy brewing in <a href="http://www.xconomy.com/2008/03/27/of-card-counting-startups-and-the-real-story-of-the-mit-blackjack-team/#comments" target="_blank">the comments section of Bob’s piece last week</a> about team member John Chang, one of the models for the Micky Rosa character in Ben Mezrich’s 2002 book <em>Bringing Down the House</em>, upon which the movie is based. Bill Kaplan, who co-founded, trained, and financed the blackjack team, commented that, “While I know John likes to say he’s Mickey Rosa…the fact is he’s a dead ringer for the character Choi.” (Note: the book spelled Rosa’s first name “Micky” but everyone routinely adds an “e.”)  And later Kaplan e-mailed Bob the following note:</p>
<blockquote><p>“The Mickey Rosa character as developed in the book and the movie is fictitious. But as he represents the founder and leader of the team who made everything happen (e.g. supplied/raised the capital; determined the original playing strategy; structured the compensation terms and incentives for investors, players, and management; put the business processes, training rules, checkout procedures, player tracking and supervision, etc. in place; gone out as a player on top), that would be me.”</p></blockquote>
<p>We aren’t about to take sides on this one. But it’s obvious that the Rosa character (played by Kevin Spacey in the movie) is likely even more of a fictionalized amalgam than has previously been reported. And what’s also becoming clear is just how many of the people who did time on the blackjack team have gone on to become prominent members of the Boston technology and innovation scene. Kaplan is a prime example of that, as I learned in an interview with him this week.</p>
<p><img src="http://www.xconomy.com/wordpress/wp-content/images/2008/04/bill_kaplan.jpg" alt="Bill Kaplan, CEO of FreshAdress" class="leftImg" />Kaplan is a 1977 economics graduate of Harvard College (the same class that included Steve Ballmer, and that would have included Bill Gates, had he not dropped out). Among the many feathers in his cap are a former world ranking in professional squash and a 1980 MBA from Harvard Business School—he had to fight to get his initial admission to HBS reinstated after the school found out about his history as a card counter.</p>
<p>Kaplan says he co-founded the blackjack team in 1980 with MIT student J.P. Massar (who went on to be a well-known LISP programmer, an employee at Danny Hillis’s pioneering computer company Thinking Machines, and a professional-level poker player). Kaplan ran the club as a limited partnership bankrolled by outside investors; at its peak in the early 1990s, it “employed” as many 80 players, Kaplan says. He departed around 1993—before most of the events depicted in <em>Bringing Down the House—</em>to focus on his Boston-based real estate investment company, Linden Properties, which he had started in 1980 and which has acquired and developed over $100 million in commercial real estate, most of it within a two-hour drive of the city.</p>
<p>And for his latest act, Kaplan has remade himself again, this time as an Internet entrepreneur. The problem Kaplan and his Newton, MA-based company, <a href="http://www.freshaddress.com" target="_blank">FreshAddress</a>, are trying to solve is one endemic to the net, where people are even more transient than in the physical world. It’s the fact that people switch e-mail addresses every three years or so, on average. While that may not seem like such a big deal from a consumer’s point of view, it causes fits for any organization that depends on e-mail to communicate with its customers, donors, or alumni. It means that if a company assembles a database of 3 million e-mail addresses, after a year only 2 million of them will be usable. And that’s something companies are willing to pay to prevent.</p>
<p>When Kaplan and business partner Austin Bliss started FreshAddress in 1999, however, they were thinking of it as<span class="read_more"> <a href="http://www.xconomy.com/boston/2008/04/02/from-mit-blackjack-to-e-mail-databases-we-catch-up-with-the-other-micky-rosa/2/"> … Next Page »</a></span></p>
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