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ZYNGA READY TO LAUNCH REAL MONEY POKER
Thursday July 26,2012 : ZYNGA READY TO LAUNCH REAL MONEY POKER
First half of 2013 launch into Countries outside of the U.S.
Social gaming giant Zynga chief executive Mark Pincus confirmed the company's intention of launching its first real-money online poker game within the first half of 2013 in an earnings conference call yesterday (Wednesday).
Considering the current status of U.S. regulation, the launch would more than likely initially be targeted outside of the U.S and the company said it has its first real-money products ready for launch and is looking to mobile as a big growth opportunity in the future.
Pincus said: "We faced new short-term challenges which led to a sequential decline in bookings. Despite this, we're optimistic about the long-term growth prospects on mobile where we have a window of opportunity to drive the same kind of social gaming revolution that we enabled on the web."
Zynga said it grew its mobile footprint five-fold in the year to 33 million daily active users making it the largest mobile gaming network.
In related news, the firm reported Second Quarter 2012 Financial Results with revenues of $332 Million, up 19 percent y-o-y and bookings of $302 Million, up 10 percent y-o-y attributed to strength in advertising and record game audiences achieving 300 million monthly active users.
Zynga stocks fell on the back of the company failing to meet its earnings target. Pincus announced that the firm has lowered its outlook citing delays in new game launches and a faster decline in existing web games due in part to a more challenging environment on the Facebook web platform, and reduced expectations for Draw Something
Gambling News :
$400k Winner at Bodog Casino -
To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.
NBA : Warriors Win the West; NBA Finals Next -
The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.
PartyPoker Rakebak -
Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.
NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
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