Things were not looking good for Zyngas fated acquisition of “Draw Something”. Well, this was until late last month, but now, “Draw Something” has been topping the Apple App Store for the better parto of the week and is among the top-100 grossing apps on the App Store.
The present board will transform Zynga into a New Zynga.
-Less Mobile focus
-Less FB dependence
-Real Money Gambling
-Social Gambling and so on.
-Transforming the gaming platform where it can act as a broker for game developers around the world.
The question will be - with whom will the get together in the Gambling Business. The new guy who joined the board recently is considered a AAA and known for working out top deals. Together with Katzenberg I assume they could work on an alliance with a Casino and by doing both sides would benefit in this multi-billion-dollar market. The worst what could happen if Zynga would get acquired - I rather believe, that 2 - 3 years out, Wallstreet will see the potential of Zynga and here we go. We should not forget - besides UK were they have the licence for gaming - Zynga applied for operators license in Nevada. Based on their reputation they will get it, once they have it, ZNGA should go from bear - to bull.