Wednesday, April 3, 2013

Zynga bets on Online Gambling in the UK

Zynga hopes to change it's bad luck by announcing an online gambling service for players in the UK. It's launching ZyngaPlusPoker and ZyngaPlusCasino on Wednesday in partnership with Bwin.party. This move is interesting but investors are mixed in reaction to this news, as the stock closed down by 2 percent to 3.09 but surging 8% to 3.33 in after hours trading.