Zynga (ZNGA) Ramps up Gambling Lobby in U.S.; will it be the Next Full Tilt Poker?

August 15, 2012 1:52 PM EDT Send to a Friend
Get Alerts ZNGA Hot Sheet
Price: $2.89 --0%

Rating Summary:
    3 Buy, 20 Hold, 3 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 12 | Down: 19 | New: 22
Trade ZNGA Now!
Online gambling is big business, despite the fact that it is illegal in the U.S. Overseas, however, rules are much more lax. During a conference call last month, Zynga (Nasdaq: ZNGA) CEO Mark Pincus said the company plans to launch its first real-money games in 2013. They are also stepping up lobby efforts in the U.S., according to reports out today. Zynga currently offers virtual money games in the U.S., but real-money play is prohibited.


Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here



You May Also Be Interested In


Related Categories

New Coverage

Add Your Comment