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Zynga Out Of Ongame Acquisition
Friday August 17, 2012 : SOCIAL GAMING GIANT OUT OF THE ONGAME ACQUISITION RACE (Update)
Zynga not involved in current negotiations, claims anonymous source
The intense speculation that social gaming giant Zynga was among the six companies said to be bidding to acquire the Ongame Poker Network was blunted this week by a news report on the Pokerfuse information site that the San Francisco-based company is not among the current potential suitors.
Although Zynga has been careful not to commit to being interested in the Bwin.Party digital entertainment subsidiary since the Shuffle Master bid fell through earlier this year, it was widely seen as the most likely buyer, given Zynga's interest in monetising its social gaming offerings and moving into the real money internet sector.
However, quoting an anonymous source on Tuesday Pokerfuse reported that although negotiations for the acquisition of Ongame are on-going, Zynga is not among the bidders.
Although Ongame is a significant enterprise in the online poker industry with around 30 sites on the network, its player base will inevitably shrink when Bwin players are migrated to the PartyPoker site prior to ownership changing hands.
Like a number of other online poker networks, Ongame has seen double-digit declines in traffic since Black Friday.
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.
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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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