Mobile Gambling

Glu Mobile said it would cut 12 percent of its workforce, or around 67 employees. The actions will leave the company with around 564 employees. However, Glu said the job cuts are part of an effort to centralize and streamline the production of games, and the company continues to hire new employees in specific functions. As a result, Glu said it expects to end 2013 with 580 employees.

Glu Mobile introduced its first real-money gambling game  Samurai vs. Zombies Slots , boosting the U.S. publisher's shares more than 20 percent Tuesday to $2.91.

Tablet gamers are on pace to spend $3.03 billion on in-app goods like power-ups and virtual currency in 2016, exploding from $301 million in 2012, according to a new Juniper Research forecast.

Some mobile location-based services platforms may be adding legalized gambling to their portfolio of services as soon as next year. The initiative, currently in the works in Nevada, uses IP location technology from Location-as-a-Service (LaaS) provider and Fierce 15 winner, Locaid , and identify verification technology from GambleID.