Poker News: Zynga Shares Up 6.1 Percent on News of ‘Real Money’ Play: Reid i-Poker Insertion Plan

Written by:
Patrick Flanigan
Published on:
Jan/20/2012
Zynga Shares Up 6.1 Percent on News of ‘Real Money’ Play:

The world’s largest online poker room, Zynga, witnessed a 6.1 percent surge in its share price on Friday following news it was in talks with another party to provide a “real money play” platform.  Zynga, which also produces popular games like Farmville, is currently free to play on Facebook.   

Zynga already claims to have some 30 million monthly users.

A statement released by the company on Friday read:

 “We build games and experiences that our players want and love. 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. 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.”

More Poker News Coming Into Saturday January 21, 2012 (Overnight and AM edition):

MegaUpload.com Indictment Hits Online Poker World – PartyPoker was mentioned as part of the Megaupload.com piracy indictments on Thursday as was the online gambling-friendly payment processing company of Moneybookers.  [Gambling911.com]

Harry Reid May Have Bill to Insert Internet Poker Measure – While Senate Majority Leader Harry Reid didn’t outwardly say it, the Las Vegas Review Journal implied that he and colleague Arizona Republican Senator Jon Kyl could be eyeing an upcoming Social Security payroll taxes extension bill.  This is something for the industry to watch very carefully in the coming weeks.  [Las Vegas Review Journal]

- Patrick Flanagan, Gambling911.com

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