It might take a while, but Zynga set the first step for the application of an online real money gambling license in Nevada. The second important strategic move after partnering with bwin.party in the U.K. to roll out a real money gaming platform there in 2013.
Zynga and Bwin.party are joining partnership to launch online casino offerings in the first half of 2013 – including a FarmVille-branded betting game.
Zynga is suing Alan Patmore, formerly GM of CityVille and now VP of product at Kixeye, for stealing confidential data when he left the company. Kixeye CEO Will Harbin (well-known for not being a decent guy) is now increasing tensions.
But this time it looks like that Mr. Toney tries to gamble for maximising his pay-check.
EBITDA´s projection of 2012 adjusted to USD 147 million to 162 million – instead of USD 180 million to 250 million. The USD 182 million acquistion of OMGPOP (“Draw something”) surprisingly (;-)) didn´t create any additional revenue.
Not so bad for a company with 20 employees (and a well chosen name). Another sign for Zynga´s urgent need for additional target-groups and content.
A company under pressure and execs cashing out before shares become pennystocks…. Why does a sinking ship and rats come into my mind?