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VIEW EVENT INFORMATION: Zynga |
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Zynga Won’t Pursue Real-Money Gaming License In The U.S.; Shares Drop 13% In After-Hours |
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About the organization Zynga: Type: Business Sub-Types: Website, Social Networking Agent, Online Gaming, Telecommunication Software, Application Software, Computer Software, Gaming, Gaming Software, Networking, Networking Software |
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Notable Organizations: Zynga, Techcrunch |
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Zynga is giving up what many investors had hoped might be its trump card: a real-money gaming business in the U.S. The company, which has been testing out real-money casino games in the U.K., said it won’t be pursuing a U.S. license after all in its second quarter earnings report today.
Sources tell us this is a decision to focus and not spread the company too thinly between… |
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