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Zynga Real Money Gaming?

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  1. rebelfd rebelfd is offline

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    Jul 19th, 2012 (7/19/2012 3:39pm)

    Interesting CNBC article.

    http://m.cnbc.com/id/48228960
  2. Dan Dan is offline Administrator

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    Jul 19th, 2012 (7/19/2012 6:04pm) in reply to rebelfd

    PocketFives published an article a few days ago about Zynga reportedly making a verbal offer for the Ongame Network:
    http://www.pocketfives.com/articles/...etwork-587518/

    Zynga is definitely a giant, but the company would be going up against the likes of Caesars, MGM, Wynn, Churchill Downs, and potentially even Facebook in the online gaming space. However, Zynga has seemed to master the social side of gaming, whereas other companies I mentioned have fallen well short. So, social gaming could set Zynga apart from the pack.
     
  3. Adam Adam is offline Emperor

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    Jul 19th, 2012 (7/19/2012 6:05pm) in reply to Dan

    They offer a totally different product, so I wouldn't be surprised if they were competitive. They've got a lot more experience than any of those other companies when it comes to online user engagement. So we will see
     
  4. fozziethebear fozziethebear is offline

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    Jul 19th, 2012 (7/19/2012 6:26pm) in reply to Adam

    I found it more interesting the comments about OMGPop/Draw Something. None of my friends play it anymore.

    But interesting that Zynga thinks poker will be legal soon. Or will they change it up to be more like Skillbet/Duplicate Poker type of game?
  5. Adam Adam is offline Emperor

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    Jul 19th, 2012 (7/19/2012 6:30pm) in reply to fozziethebear

     
    Originally Posted by fozziethebear View Post

    But interesting that Zynga thinks poker will be legal soon. Or will they change it up to be more like Skillbet/Duplicate Poker type of game?

    It already has been legalized in Nevada, and many parties are applying for licenses. I doubt they're headed in the skillbet/duplicate direction, I'd really expect them to stick primarily with microtransactions like they're doing at the moment (i.e. pay $1 for 1,000,000 chips) and possibly expand into some games with cash buy ins and prizes that are still primarily focused on achievement rather than financial gain. That's what they're really good at, after all
     
  6. Dan Dan is offline Administrator

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    Jul 19th, 2012 (7/19/2012 6:39pm) in reply to Adam

     
    Originally Posted by Adam View Post

    It already has been legalized in Nevada, and many parties are applying for licenses. I doubt they're headed in the skillbet/duplicate direction, I'd really expect them to stick primarily with microtransactions like they're doing at the moment (i.e. pay $1 for 1,000,000 chips) and possibly expand into some games with cash buy ins and prizes that are still primarily focused on achievement rather than financial gain. That's what they're really good at, after all

    Zynga had revenues of over $300 million in Q4 2011, which means, as Adam alluded to, they're really good at making money off of their current business model. The Ongame acquisition could give them an introduction into regular real money gaming and also give them an inroad into Europe, where Ongame is focused.
     
  7. JON STAMOZ JON STAMOZ is offline

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    Jul 19th, 2012 (7/19/2012 10:11pm) in reply to Dan

    I played in some of the highest staked Zynga games in the world.
    All the Zynga pros will take your roll and then send you an electronic martini with your own money
  8. Dan Dan is offline Administrator

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    Jul 21st, 2012 (7/21/2012 5:19am) in reply to JON STAMOZ

    Not sure if you saw, but PokerScout started tracking play money games in recent days:
    http://www.pokerscout.com/

    Zynga has a strangle-hold in that department, with a seven-day running average of over 120,000 players.
     
  9. double_kyan double_kyan is offline

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    Jul 21st, 2012 (7/21/2012 3:34pm) in reply to Dan

    thats a lot of fish to tease
     1
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