Zynga considering online gambling; puts $1 billion on Red 14

-text c-gray-1″ >Zynga let it all ride with its IPO late last year and its stock has fluctuated ever since, with some analysts suggesting the social-games market has capped out its user base, that it doesn’t generate enough consumer spending, and that Zynga just isn’t worth very much as a company. Perhaps in answer to these claims, Zynga is flirting with the idea of online gambling — the kind with real money.

Zynga is talking with several potential partners about the foray, a spokesperson told All Things D, along with the following statement: “Zynga Poker is the world’s largest online poker game with more than 7 million people playing every day and over 30 million each month. Should you loved this information and you would want to receive more info regarding judi online termudah (Click In this article) generously visit the web site. We know from listening to our players that there’s an interest in the real-money gambling market. We’re in active conversations with potential partners to better understand and explore this new opportunity.”

Entering the online-gambling industry would help Zynga end its piggyback dependence on Facebook, which may quell some investors’ concerns about its future as an independent company. And it may stop Zynga from making more games like Farmville.

Via: Shacknews Source: All Things D In this article: android, ios, ipad, iphone, mac, mobile, online-gambling, pc, Zynga, zynga-poker All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission. Share Tweet Share Save Popular on Engadget

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