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David Lee new Zynga CFO

Monday April 14,2014 :  ZYNGA APPOINTS CFO
 
And releases new slot to social gaming app
 
Social gaming firm Zynga has named David Lee (42) as its new chief financial officer and chief accounting officer succeeding Mark Vranesh.
 
Lee will oversee accounting, corporate finance and investor relations and will report directly to Chief Executive Officer Don Mattrick.
 
"David has a deep understanding of business management and a sharp financial acumen that will be invaluable to Zynga's long term growth and success," said Mattrick. "He has a track record of fostering cultures of excellence and navigating business transformations through sound counsel and strategic planning. David is a seasoned financial executive whose two decades of experience will deepen our leadership capabilities and I am proud to welcome him to Zynga.”
 
Lee most recently served as senior vice president of enterprise finance for Best Buy, prior to which he held various senior positions with Del Monte Foods.
 
In related news, Zynga integrated a new slot to its Hit It Rich: Casino Slots on Facebook app.
 
The game is themed on Zynga's blockbuster FarmVille brand and provides players the opportunity to earn virtual rewards using the animals and crops that feature in the well known game.
 
FarmVille 2 features autospin, customisable bet options and bonus tiles.

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Gambling News :

Interwetten 2016 Earnings Results - Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform

EU Online Gambling Tax Harmoney Dead - Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.

Jack Lam Facing Big Fines in the Philippines - It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.

Walter Merricks Term As Gambing Commissioner Extended - The UK Government has extended Walter Merricks’ term as Commissioner of the Gambling Commission for a further year, ending December 31, 2017.

Loot’enKhamun Pays $3.8 Million Jackpot - A London-based construction worker’s year got off to a great start when he hit the Loot’enKhamun jackpot at bwin casino.

PlaySugarHouse To Carry Konami Content - Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.

ITF TERMINATES BETWAY SPONSORSHIP DEAL - The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.

GSA To Launch European division - The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.

Paddy Power Trading Update - Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.

Tabcorp SunBets project - The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.

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