Thu, Jul 25, 2013 7:08 PM EDT 0:56
Don Mattrick, the new Zynga CEO, offered his initial on-the-job observations today during the conference call discussing the company's second quarter earnings. He said, ?Getting a business back on track isn?t easy and isn?t quick." The struggling gaming company, with revenue down 31 percent from last year, beat Wall Street's expectations, but says it will no longer pursue a gambling licence in the U.S. Zynga is giving up what many investors had hoped might be its trump card: a real-money gaming business in the U.S. The company, which has been testing out real-money casino games in the U.K. said it won't be pursuing a U.S. license after all in its second quarter earnings report.