Zynga to launch real-money online poker in early 2013 | Digital Trends - 0 views
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César Albarrán Torres on 01 Aug 12Zynga has announced the release in early 2013 of its poker application that will involve real-money gaming. Over the past year, Zynga has struggled to keep its foothold in the mobile gaming market as new entrants have entered the industry. Zynga's solution: real-money poker, which is set to launch in the first half of 2013 in international markets. Zynga's latest quarterly earnings report - its sales of $332.5 million missed the $343.1 million mark that Bloomberg had forecasted - sent the company's stocks plummeting as low as $3.03 per share on Wednesday. At the end of today's trading Zynga's stock price sat at $3.17 per share, but has dropped even further in after-hours trading. During the earnings conference call, Zynga CEO, Mark Pincus blamed Zynga's second quarter shortcomings on Facebook. Changes to Facebook's algorithm apparently surfaces fewer games, thereby decreasing the frequency with which Facebook users discover Zynga games.