Social gaming giant Zynga will launch real money gaming in regulated international markets by the first half of 2013 CEO Mark Pincus said yesterday, after the company reported a $22.8m loss in second quarter results.
Zynga has online gambling games “under development” and plans to launch them in international markets by the first half of 2013, subject to the company being awarded licences, CEO Mark Pincus announced yesterday.
Q2 and H1 Results
US Dollars (US$) H1 2011 H1 2012
Online Game Revenue 493.9m 584.3m
Advertising Revenue 28.2m 69.1m
Total Revenue 522.0m 653.5m
Cost and Expenses 472.8m 777.5m
Income/(Loss) from Operations 49.2m (124.0m)
Net Income/(Loss) 18.1m (108.2m)