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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;
New Racing UK free-to-watch show -
Wake up to Luck on Sunday – join Nick Luck and guests for new Racing UK free-to-watch show. BHA Chief Executive Nick Rust to appear on first broadcast this Sunday
MLB Odds: Stroman Gets the Nod Against Royals -
The Toronto Blue Jays (70-80, –20.18 betting units) begin their final home stand of the 2017 campaign this Tuesday when they welcome the Kansas City Royals (73-76, +2.56 units) to Rogers Centre. Sportsnet has the coverage at 7:07 p.m. Eastern.
Microgaming QuickFire enters Coloumbia -
Wplay signs for Quickfire; strategic deal sees Quickfire enter Colombian market. Colombian-licensee Wplay has signed a deal for Quickfire, powered by Microgaming.
Partypoker to sponsor WSOPC Uruguay -
Partypoker to sponsor WSOPC Uruguay in December. Qualify exclusively on partypoker for WSOP Uruguay Main Event. December 7th to 17th in beautiful Punta del Este.
MLB Odds: Jays Hope to Spoil Orioles’ Visit -
The 2017 season is just about over for the Toronto Blue Jays (66-77, –21.19 betting units), but they can play spoiler in Tuesday’s game against the visiting Baltimore Orioles, starting at 7:07 PM ET on Sportsnet.
Money Storm Casino -
Money Storm is not your typical online casino. While many focus on the quantity of games they offer their players, this one is more focused on the quality of their games.
Big Online SLot Win on Ultimate 10X Slot -
At 9.20PM on August 28th, Kasey R was enjoying the new Ultimate 10X three-reel slot at Miami Club. The game has a random 'must win' progressive jackpot that is guaranteed to pay by the time it reaches $25,000
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