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Zynga Q2-2015 results
Saturday August 8,2015 : SOCIAL ONLINE AND MOBILE CASINO REVENUES HELP ZYNGA RECOVERY
Worrying decline in users.
Q2-2015 results from the US social gaming group Zynga this week were better than expected, although hardly stellar; the company reported:
* Q2 revenue up 30 percent to almost $200 million;
* Net loss lower at $26.9 million (Q2-2014: loss of $62.5 million);
* Advertising expenditure up 7 percent on the preceding quarter, but 70 percent higher than in Q2-2014;
* In-game sales flat at $174.5 million;
* Mobile sales up 30 percent at $115 million, comprising two-third of total sales;
* Online sales weaker y-o-y by over 30 percent at $59 million;
* Worrying loss of users; average monthly users fell more than 28 percent to one million, although average daily sales per user were up 29 percent at 9.1 US cents. Active monthly user statistics were down 32 percent year-on-year, declining to 83 million, whilst daily active players fell y-o-y by 23 percent to 21 million;
* Disturbing drop in player conversion rates to 1.6 percent (Q2-2014: 17 percent);
* Social casino operations presented a more encouraging picture, with poker delivering 18 percent of all gaming revenue. Overall social casino sales were up 47 percent year-on-year, with slots performing particularly well - up 274 percent. That is likely to continue improving with the introduction of new slots such as Willy Wonka-themed products following Zynga's deal with Warner Bros and increased output from the 2013 Spooky Cool Labs acquisition;
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NBA odds on Thunder vs. Pacers Game? -
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2 New Christmas Slots For Microgaming -
Microgaming’s jolly game additions this December. Microgaming adds two more games to kick off the festive season, in addition to its action-packed Highlander online slot.
SportsBetting Supreme Court Showdown -
Sports Law, Betting and Integrity leaders convene to preview Supreme Court Showdown. Thought leaders weigh in on Christie vs. NCAA (which in January will shift to Murphy vs. NCAA)
NBA Odds: Heat Can Burn Cavaliers in Cleveland -
The Cleveland Cavaliers (12-7 SU, 6-12-1 ATS) may have turned their season around, but they’ve got a challenging matchup this Tuesday against the Miami Heat (9-9 SU, 7-9-2 ATS), tipping off at 7 PM ET on NBA-TV. Miami is 7-4 SU and 6-5 ATS against the Cavs since LeBron James went back to Cleveland in 2014.
Games Concept Day in Malta -
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AFC’s fight against match-fixing -
The Asian Football Confederation (AFC) has introduced a new AFC integrity mobile application, which will enable fans, players and officials to report possible suspicious activities or provide information concerning match-fixing or corruption to the AFC Integrity Unit.
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