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Zynga heading into the real gambling business?

Written by Andre Yoskowitz (Google+) @ 21 Jan 2012 15:38 User comments (1)

Zynga heading into the real gambling business? Zynga has confirmed it is in "active conversations with potential partners" to break into the real gambling business.
Following a ruling last month by the U.S. Department of Justice that only online sports betting is illegal, some states are moving forward to legalize online gambling of other sorts, including card games.

To break into the $36 billion market, Bloomberg says Zynga would need to partner with a casino or other operator that could get an Internet gambling license and then only operate in a state where gambling is legalized.

The social gaming company is behind hits like FarmVille, CityVille, MafiaWars, Empires and Allies, Words with Friends, and Zynga Poker. The company has 4 of the top 5 most popular games on Facebook, and has over 200 million monthly users. 30 million players alone play Poker on a monthly basis. That does not include its popular Hold'Em and other game apps.

Zynga makes money through virtual item sales like new guns, poker chips, and upgrades for your farm and there are certainly players out there who would like the ability to win real money.

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1 user comment

122.1.2012 11:42

Real money for virtual money & vice versa... isn't it well enough alone that most of the LSD generation is getting to retirement age that we have to introduce another vice? Not to mention that the governing bodies jump on board with fangs bared & salivating like hungry wolves at an unlocked butcher shop?

I was truly under the impression that ALL gambling with "real" money online was outlawed. Period. Hell, there's a couple of places still under investigation/indictment for with holding winnings & investment statements.

I'm hearing guys licking envelopes to kickbacks & politicians lining up with their crazy straws to drink out of the cesspool of money here.

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