Sports betting accounts for 76 per cent of all mobile gamblingMobile EntertainmentSports betting accounts for 76 per cent of all mobile gambling. Daniel Gumble. by Daniel Gumble Thursday, November 8th 2012 at 1:09PM.
Despite Zynga's fall, plenty of investors and game developers are still writing checks and apps.
SUMMARY: Despite the troubles surrounding Zynga -- its stock down 75% since the initial public offering -- the social-gaming market continues to attract investment capital and development for the mobile platform, writes Jessica Leber. Gree, for example, is among the companies creating specialized social networks for smartphone games, and even Zynga is trying to disassociate itself from Facebook to increase game discovery.
Reports from the U.K. claim that the social network is in talks with various gambling companies with a view to developing real money gambling on the site. Read this blog post by Chris Matyszczyk on Technically Incorrect.
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