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July 26, 2012 01:37 am GMT
Real-money gaming (i.e., online gambling) could provide a big boost to Zynga's faltering bottom line, and the company has talked about its move into that market in the past. Today CEO Mark Pincus offered a timetable, of sorts subject to licensing approvals, he said we should see Zynga's first products in this field in the first half of 2013."What we've said, and what we have to announce today, is that we have our first products in development and that we intend to release them in markets that are regulated and open, subject to our getting licensing," said Pincus, who was speaking on the analyst conference call discussing Zynga's disappointing second quarter earnings. Those markets don't include the United States: "The US is obviously an attractive market, but it's not an open, regulated environment today."
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/XZtqEwWeBqU/
Zyngas Mark Pincus: Real-Money Gambling Coming (Outside The US) In First Half Of 2013
Real-money gaming (i.e., online gambling) could provide a big boost to Zynga's faltering bottom line, and the company has talked about its move into that market in the past. Today CEO Mark Pincus offered a timetable, of sorts subject to licensing approvals, he said we should see Zynga's first products in this field in the first half of 2013."What we've said, and what we have to announce today, is that we have our first products in development and that we intend to release them in markets that are regulated and open, subject to our getting licensing," said Pincus, who was speaking on the analyst conference call discussing Zynga's disappointing second quarter earnings. Those markets don't include the United States: "The US is obviously an attractive market, but it's not an open, regulated environment today."Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/XZtqEwWeBqU/
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