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Zynga exec talks about a 'very interesting' opportunity
Addressing reporters after the first quarterly numbers following social gaming giant Zynga's recent IPO, a company executive characterised the internet poker sector as 'a very interesting opportunity', citing his company's experience in the genre and recent enforcement and political developments.
Zynga COO John Schappert said,”I think it’s actually a very interesting opportunity, because we’re in a unique position. We have the world’s largest online poker game and the most social online poker game we’ve been running for four years. We had record results last quarter. And it’s one of the top six games on Facebook. So I think we’re in a very good position and it’s a category that’s interesting to us.”
His remarks come as no surprise to industry observers; earlier this month a Zynga spokesman revealed that the company was seeking partners as the prospect of legalised online gambling in the United States comes closer .
Against the background of a recent surge in partnerships and acquisitions between of US land gambling companies and promising internet operations, Zynga's interest is understandable.
Recent deals have seen Fertitta Interactive acquiring Cyberarts; DoubleDown Interactive and Entraction bought by IGT; a Chiligaming - Golden Nugget tie-up; Churchill Downs buying Bluff Media; new mobile releases from Bally Technologies; the launch of Zynga online bingo; and a partnership agreement between, MGM and Boyd Gaming.
More evidence of the interest in online poker is afforded by the growing list of applicants for Nevada internet poker licenses, which includes: 888, IGT, Boyd, MGM, Fertitta, Caesars, Bally, Cantor, South Point, Shufflemaster and Aristocrat.
Mark Pincus, chief executive of Zynga, expanded on the Zynga internet experience during a conference call, noting that:
* Zynga has grown its mobile user base to 15 million daily active users, which is up five-fold from a year ago.
* On a global basis, Zynga doubled its international revenue year-over-year, with games are now available in 17 languages compared to five languages a year ago.
* The company’s Z Cloud proprietary internet cloud infrastructure, is now managing almost 80 percent of daily active users. The company boasts a total of over 230 million users at present, many of these visiting on a daily basis. [Ed. note: some estimates peg daily poker player visits at over 6 million.]
* Zynga’s new destination website for social gamers is nearing completion and preparing for a live launch

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Gambling News :

William Hill Chairman Not Stepping Down - There are no plans for Gareth to step down. He is leading the CEO search process, which is well advanced, and is working with Philip Bowcock to deliver the key priorities for the business.

Canadian Lottery Looking at Online Gambling - The reaction of other provinces is not known, but the Newfoundland and Labrador government was apparently less than enthusiastic about the prospect, which it did not regard as a priority.

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Playngo in Deal With Betclic Everest Group - Swedish online gambling games developer Play’n GO has signed an agreement with the Betclic Everest Group that will see its full suite of games rolled out across the French group’s online casino brands.

2016 Italian Poker Tour main event in Malta - After besting a field of 775, many of them respected aces, Austrian poker pro Ismael Bojang claimed the main prize of Euro 101,940 over the weekend in the eighth edition of the Euro 1,100 buy-in Italian Poker Tour main event in Malta.

Betradar in Deal with OPAP - Sports betting data and analytics provider Betradar has inked a live betting supply deal with the major Greek licensed retail and online gambling operator OPAP.

2016 888poker Make It Big Tournament - A relatively unknown Hong Kong poker player, Ka Him Li (21), claimed victory after a two-way chop in the main event at the inaugural 888poker “Make It Big” live poker festival at the Aspers Casino in London over the weekend, earning the top prize of GBP 45,300.

Lightning Box Games in deal with WIlliam Hill - Sydney-based slot design specialist Lightning Box Games has signed an agreement to supply its content to William Hill’s licensed betting offices in the UK.

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