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Rescooped by Kostas Sarris from The growth of the Online Gambling industry and the aspects of the Social Gaming
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Why Zynga Is Not A Gambling Company

Why Zynga Is Not A Gambling Company | Pouparis | Scoop.it
In gaming news, gambling stock analyst Vince Martin evaluates Facebook game developer Zynga (ZNGA) of its potential in online gambling.

 

Earlier this month, the New York Post reported that Facebook game developer Zynga (ZNGA) was in talks with Wynn Resorts (WYNN) about a joint venture in the prospective US online gambling industry. The news did not appear to move the stock; ZNGA, in fact, fell 2% in that day’s trading, to $12.22 per share.

 

Over the last two-plus weeks, Zynga’s fall has accelerated; it closed Friday at $9.22. The reasons for the fall are difficult to parse; a secondary offering in late March, where shareholders sold an additional $515 million worth of shares into the market increased the stock’s “float” and may have helped push the stock down. But with a young (the company only went public in December) and speculative (Zynga is not yet profitable) stock, the drivers of even large movements like the current one-month, 33% drop can be difficult to tease out.

 

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Via This Week in Gambling, Vasileios Volikakis
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Vasileios Volikakis's curator insight, May 11, 2013 8:20 AM

Without the potential for real-money house games, Zynga is left with online poker, with a initial eye to the prospective US market. From there, all Zynga needs to become an online gambling powerhouse is to see poker legalization move at a faster pace than it has, or anyone thinks it will; completely overhaul its brand image and market to a demographic that has essentially no interest in its legacy games; complete a massive upgrade of its technical capabilities; and then outsmart competitors who have decades more experience in the gambling industry and partners who have already succeeded in the cutthroat European iGaming market

Rescooped by Kostas Sarris from The growth of the Online Gambling industry and the aspects of the Social Gaming
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Emma Delta Last Bidder Standing In OPAP Sale | GamblingCompliance

Emma Delta Last Bidder Standing In OPAP Sale | GamblingCompliance | Pouparis | Scoop.it
Greece's privatisation fund is waiting for Czech-Greek investment group Emma Delta to improve an offer understood to be less than €630m for a majority stake in betting monopoly OPAP.

Via Silvia L. Peneva, Vasileios Volikakis
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Mathaios Tsoukaris's comment, May 5, 2013 7:39 PM
the whole situation it is not completely clear but we are going well i think..
Konstantinos Karydis's comment, May 6, 2013 7:30 AM
mellisanidis RULES!!!!!!
Vasileios Volikakis's curator insight, May 7, 2013 8:23 AM
OPAP, which is one of the most valuable Greek assets up for sale, made net profit of €496m last year on turnover of almost €4bn.

 

Greece's government has since introduced a 30 percent tax on OPAP's gross gaming revenue which the monopoly's management team predicted will slash profit 77 percent to €116m this year.

But the rights to 35,000 video lottery terminals and a soon-to-be dominant position in online betting will help to return profits to 2012 levels by 2021, management forecasted in a long-term business plan for the privatisation.

Rescooped by Kostas Sarris from The growth of the Online Gambling industry and the aspects of the Social Gaming
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Cyprus Gambling On Casinos For Rebound - Greek Reporter

Cyprus Gambling On Casinos For Rebound - Greek Reporter | Pouparis | Scoop.it
Cyprus Gambling On Casinos For Rebound Greek Reporter Being saved from an economic and bank collapse by a pending 10 billion euros ($13 billion) bailout from international lenders – but at the price of confiscating bank accounts and imposing harsh...

Via This Week in Gambling, Vasileios Volikakis
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This Week in Gambling's curator insight, April 21, 2013 9:22 PM

http://www.thisweekingambling.com/news

Vasileios Volikakis's curator insight, May 7, 2013 8:19 AM

The tiny country of less than 1 million people will shoulder 13 billion euros ($17.05 billion) of overall cost of the bailout mainly by imposing heavy losses on bank deposits more than 100,000 euros ($130,000). The country’s second largest lender Laiki will be broken up into a “good” bank which will be folded into the larger Bank of Cyprus and a “bad” bank which will be wound down.

Nikolaos Volikakis's comment, May 9, 2013 3:04 PM
Now Cyprus must move on, find funds immediately in order to avoid the same consequences as Greece has, so why not based on gambling and gain money from their taxation? This will be a useful example that Greece must take into account and open the market for the competitors.
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Sanskrit Inscription of Ancient Cambodia ... - ISKCON Cambodia

Sanskrit Inscription of Ancient Cambodia ... - ISKCON Cambodia | Pouparis | Scoop.it
1983 SilÁcÁrik Nagar Vatt, (nouvelle preface de Saveros Pou), Paris, Cedoreck. MAJUMDAR, R. C. 1953 Inscriptions of Kambuja , Calcutta : The Asiatic Society. POU, S. 1970-1975 'Inscriptions Mondernes d'Angkor', BEFEO, ...
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Rescooped by Kostas Sarris from The growth of the Online Gambling industry and the aspects of the Social Gaming
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Could Zynga Game On Without Facebook? | Fast Company

Could Zynga Game On Without Facebook? | Fast Company | Pouparis | Scoop.it

Could Zynga Game On Without Facebook?| Fast Company http://t.co/KlQLCFr6...


Via Deepti Sachdeva, Vasileios Volikakis
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Vasileios Volikakis's curator insight, May 8, 2013 6:37 AM

The company has recently acquired a handful of iPhone developers and one studio, Area/Code, which has built so-called real-world games that take place beyond any tech giant's walled garden. The hope is that these firms will help give Zynga access to markets outside Facebook's reach

Rescooped by Kostas Sarris from The growth of the Online Gambling industry and the aspects of the Social Gaming
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Bwin.Party Cuts Back In 18 Countries | GamblingCompliance

Greece, Cyprus and Poland are on a list of 18 countries where Bwin.Party will no longer accept new players from affiliates.

Via Silvia L. Peneva, Vasileios Volikakis
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