Real Online Gambling for Zynga Games?
According to Business Insider, Mark Pincus, CEO of social gaming company Zynga, said at the Morgan Stanley Technology, Media and Telecom conference, that online gambling and Zynga’s games are a “natural fit.”
“I think it’s a good natural fit. I think, philosophically, the part people haven’t noticed yet, real money gaming is the perfect fit with virtual goods and social games.”
Zynga would be naturally well-positioned for this kind of transition. With 30 million monthly players, Zynga Poker is the largest online poker game in the world, and the company is releasing more gambling related games like Zynga Bingo.
“We’re interested, but you should expect to see us do a lot more than what you’ve seen in offshore casinos,” said Pincus.
We wander what “a lot more” means when it comes to online gambling, an already multi-million, all be it illegal industry.
This revelation may have come just in time, as many analysts believe social gaming, and Zynga in particular, has and will continue to see stagnation.
A recent Justice Department ruling may open the door for online gambling on social sites like Facebook. With people already shelling out millions for Zynga coins, just to by a virtual upgrade for their virtual farm, the possibilities for making money on gambling in that market are endless.