..

Zynga IPO Could Happen in June: Company Worth $10 Billion

Written by:
Aaron Goldstein
Published on:
May/27/2011
Zynga IPO

The popular social gaming and poker company Zynga is expected to file for an IPO some time in June, though most of the speculation is focusing on the later part of the month. 

The company is said to be worth $10 billion, which puts it one billion above the LinkedIn IPO over this past week. 

The Zynga IPO is expected to be backed by Goldman Sachs, Morgan Stanley and more. 

Zynga has purchased 14 companies in the last 12 months.  While its free Texas Hold’em poker game is among the most popular on the Net, Zynga is also features such phenoms as Cityville and Farmville, which boast 90 million and 45 million users, respectively. 

- Aaron Goldstein, Gambling911.com

eToro

Business/Financial News

China's Top Regulators Ban Crypto Trading and Mining, Sending Bitcoin Tumbling

China's Top Regulators Ban Crypto Trading and Mining, Sending Bitcoin Tumbling

China's most powerful regulators on Friday intensified a crackdown on cryptocurrencies with a blanket ban on all crypto transactions and mining, hitting bitcoin and other major coins and pressuring crypto and blockchain-related stocks.

Oregon Ducks Star Kayvon Thibodeaux Launches Own Cryptocurrency

Oregon Ducks Star Kayvon Thibodeaux Launches Own Cryptocurrency

Oregon defensive end Kayvon Thibodeaux announced Thursday the launch of his own cryptocurrency.  The news comes following changes to the NCAA's name, image and likeness rules made in July.

Businesses That Have Survived Rough Times

Businesses That Have Survived Rough Times

If you have an online iGaming project and you also want to expand it with sports betting, then it’s important to have high-functioning sportsbook software. Well, the aim of any gambling or betting site is to attract as many players as possible by providing them the best experience possible.

Bitcoin Site Goes Dark After Apparent Hacking

Bitcoin Site Goes Dark After Apparent Hacking

Bitcoin.org, the website that was once the main landing portal for all things Bitcoin, today suffered an embarrassing hack that has already cost naive BTC users money.

Bitcoin, Ether Slump as Market Selloff Widens

Bitcoin, Ether Slump as Market Selloff Widens

Cryptocurrency prices sank on Monday as concerns over the spillover risk to the global economy from Chinese property group Evergrande's (3333.HK) troubles spread across financial markets.

Syndicate