Zynga Gambling For Real Has Landed In The UK

Posted by Gambling News | Gambling Industry News,Gambling News | Sunday 7 April 2013 10:27 am

Despite the fact that Zynga is essentially a US company, the US online gambling industry has hardly even reached the infancy stage. It is not legal at a Federal level, and only two states have so far made online poker legal, with a vague possibility that casino and other gambling activities, may become legal sometime in the future. Zynga however, had to change or fade into obscurity, so, the obvious choice was to change. They threw their lot in with online gambling giants bwin.party in October 2012, and have now opened UK-facing real money online gaming sites.

The launch was scheduled for yesterday (at the time of writing), and we have taken a look at the screens-shots, things are looking good.

These brand new sites are the first evidence of the bwin.party/Zynga partnerships, comprising of both a poker and an online casino website. These are both real money gaming platforms, aimed at players in the UK, aged over 18years. The casino features a full suite of approximately 180 games including classic table games such as blackjack, roulette, and slots, amongst many more.

At one time the Zynga brand was the leading provider of social gaming services in the world. But with this new and exclusive partnership, it brings together social gaming expertise, with the owners of blue-chip assets. We are expecting this aggressive move into the real gambling space to be a product of very high quality, and apparently so too do shareholders – stock prices for the company have increased by 50% after a shocking drop during 2012.

The company posted massive losses, and a now a new executive pay scheme basically doubles the salaries of various key executives Marc Pincus himself is on a salary of $1 per annum. He has obviously made more money than he will ever need already, and this is a fabulous gesture to prevent a brain drain. Top brass will have the potential to maximize performance bonuses, while he offers his services for just about free of charge.

According to news reports, the poor performance of the firm led to losses of game designer Brian Reynolds, Dan Porter, CEO of Draw Something (OMGPOP), and CFO Dave Wehner. The new salary scheme, plus Pincus’ sacrifice should have the desired effect, while the new real money gambling websites have resulted in a show of confidence in Zynga products. It also helps that they have partnered with bwin.party – the biggest Stock Exchange listed online gambling concern in the world. It looks like this year is getting off to a much better start.

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