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Zynga, Inc. Message Board

  • leeoflocksley leeoflocksley Jul 22, 2013 9:55 AM Flag

    When in Doubt....Remember.....

    Chief Executive Mark Pincus said Wednesday he sees "mind blowing" possibilities for weaving real-money gambling into social games pending regulatory changes in the U.S., and suggested the company may partner with a traditional casino company before the end of this year. Pincus, speaking at the Morgan Stanley Technology, Media & Telecom Conference, said his San Francisco-based company sees a great deal of opportunity "to start to bring this gambling element into more than just casino games ."
    "The amount of innovation you're going to see around gambling as an entertainment mechanic is going to be mind blowing," he said. Zynga's CEO suggested the company may partner with traditional casino firms such as Wynn Resorts Ltd. (WYNN)--where Pincus mentioned he once won enough money in a single sitting to buy himself a "fancy watch." "We're definitely talking to all of the players that you would suspect," Pincus said, adding, "We have incredible respect and admiration for brands and groups like the Wynn... I would expect that you'll see a lot of these players kind of figure out their go-to-market partnerships for sure before the end of this year."
    Pincus's comments come as several states consider allowing online gambling and large casino companies press the federal government to allow online poker networks. Pincus noted that real money gaming would be a natural fit for Zynga, which already draws tens of millions of players to its Zynga Poker game.....

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    • Lee, you and Blue are like little kids on Christmas Eve... You guys are just too fired up.

      I love the idea of bomb shell news, but you guys need to consider there may not be what you and I are hoping for.

      They might announce nothing about any new partnerships, and that will be seen as a NJ miss. The revenue from the UK might be smaller than analysts want, causing them to discount future plans.

      They will most likely admit that Draw Something 2 is a flop and then have to explain the lack of Android releases on Running With Friends.

      Mattrick might use language like a "coming year of transition". Who knows what could happen, and God forbid there is any weakness in either Farmville or Poker...

      I believe things are going to be really good and I think it's going to be sooner rather than later but I hope you guys are ready for a potential let down too.... You guys just seem off the chart excited.

      • 2 Replies to socialboom30
      • Goodmorning SB !!!....WE ARE READY TO ROCK AND ROLL!!!! : ) LOL...
        Ok ...all kidding post above was actually considering a negative outcome...and it was more for reassurance of the future...3 days from now or 3 months from now.....more of a hold steady, be patient kind of sentiment. I know there is alot of uncertainty surrounding the coming I just thought I would put out an uplifting reminder.
        ........That being still leaves us with 2 anticipate a postive result or a negative one....and I can't speak for Blue....although I am sure he would somewhat agree....given what WE ALL KNOW about Z's future.....starting to take a positive stand is not a bad thing....the headlines are coming....its not a matter of if...just when. As you see from the post....Pincus is on top of this...

      • All this coming from someone who bought back in at 3.41 thinking he scored the mother load! LMAO!!!

    • nice peeps need to recognize !

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