This is an opportunity that Zynga simply cannot let pass ... as online gambling launches, so will the value of one of only 12 brick-and-mortar licensed casinos in New Jersey which would allow independent online real money casino games ... now is not a time to be conservative ... seize the moment .... Buy the casino!!!!
Hi Bluesky , I have always enjoyed and respect your opinion. Though I think Zynga PPS will boost up if they buy over a casino, I think it will be short lived. At this moment now, I would prefer them to go steady and focus on collaboration with Big casinos to run their RMG. Another acquistion goes wrong will permanently cripple this company. If they continue to do what they are doing now, I simply don't see how they are not a $12-$16 stock when they get their license n Nevada and when the whole online gambling climate becomes stable in USA.
Betsypower ... well I agree but something's to consider ... Zynga's recent press release had Barry say (and I'll paraphrase here), "we like our partnership with bwin ... the have a lot of expertise in online gambling that we can leverage going forward". So, what does he mean by "leverage" ... with a brick-and-mortar casino, Zynga or bwin would not need a "partner" ... they would own the game ... social real money gambling in the US market is not "owned" by the big casinos (loaded with debt) ... that is why they are so scared of it ... to get an online license you must be partnered with a brick-and-mortar casino ... unless, you "are" a brick-and-mortar casino ... it would be a lot cheaper for Zynga to buy a bankrupt casino in Atlantic City than LVS build another Zynga ... keep in mind that bwin merged with PartyPoker (a admitted Bad Actor) ... by my math, bwin is overdue on hearing about their NV license ... there may be issues ... Zynga is in a drivers' seat