Zynga (ZNGA) Ramps up Gambling Lobby in U.S.; will it be the Next Full Tilt Poker?
Tweet
Share
E-mailGet Alerts ZNGA Hot Sheet
Price: $8.18 --0%
Rating Summary:
15 Buy, 18 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 10 | New: 14
Rating Summary:
15 Buy, 18 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 10 | New: 14
Join SI Premium – FREE
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.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- BofA Securities Starts GE Vernova (GEV) at Neutral, 'Multiyear turnaround amid positive demand backdrop'
- JPMorgan Starts IDFC First Bank Ltd (IDFCFB:IN) at Neutral
- Wells Fargo Reinstates Apache Corp. (APA) at Overweight
Create E-mail Alert Related Categories
New CoverageSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
