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Zynga kills online gambling plans, stock tanks

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#1 Lord Method Man

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Posted 26 July 2013 - 15:38

http://www.cnbc.com/...s on U.S. gambl

 

 

The most notable news in Zynga's earnings release had nothing to do with earnings: The company is no longer pursuing online gambling—a category that Wall Street analysts perceived as having huge potential.

 




#2 FloatingFatMan

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Posted 26 July 2013 - 15:48

Potential? The online gambling market is already saturated with thousands of sites, all vying to rip you off... One more would have barely have made a blip...



#3 Neo003

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Posted 26 July 2013 - 15:48

"Don Mattrick"



#4 theyarecomingforyou

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Posted 26 July 2013 - 15:53

Potential? The online gambling market is already saturated with thousands of sites, all vying to rip you off... One more would have barely have made a blip...

Yeah, but very few of them are targeted towards children / women.



#5 LaP

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Posted 26 July 2013 - 15:59

Yeah, but very few of them are targeted towards children / women.


More like none of them ;)

Anyway i don't expect much from Don Mattrick. Every time this guy open his mouth he sounds like an immature teenager.

#6 FloatingFatMan

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Posted 26 July 2013 - 16:05

Yeah, but very few of them are targeted towards children / women.

 

Kids? How on earth were they going to ever monetize -that-?  Kids don't have credit/debit cards, so you can't exactly bleed them unless you're getting them on premium rate mobile services...



#7 theyarecomingforyou

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Posted 26 July 2013 - 16:57

Kids? How on earth were they going to ever monetize -that-?  Kids don't have credit/debit cards, so you can't exactly bleed them unless you're getting them on premium rate mobile services...

You get kids hooked on the concept and transition them to gambling when they come of age. That and a lot of kids lie about their age and have access to their parents' credit / debit cards.



#8 (Spork)

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Posted 27 July 2013 - 09:56

bet the guy from xbox is dropping bricks in his pants