Zynga's Deteriorating Outlook - Time To Move On [View article]
Day late and a dollor short. Article is well written but its old news. Zynga now has hit the number one spot on the top games list so we will see how over the hill they are by next report. I think reports of their death are exagerated.
Yahoo M&A speculation has Zynga (ZNGA +7.7%) shorts fleeing for the exits. Wunderlich's Blake Harper sees Zynga as a possible buyout target for Yahoo (YHOO), whose M&A chief recently said the company is working on two "significant" acquisitions (without elaborating), as the Internet giant tries to strengthen its mobile/social positioning. 16.4% of Zynga's float was shorted as of Feb. 15. [View news story]
I don't claim to have a crystal ball. I am in a long position and under water at the moment. I can't imagine Yahoo buying Zynga. Just a small example of why is this: Can you see FaceBook staying aligned to games produced by Yahoo? What I can imagine is a backroom deal in which Facebook and Zynga agree to entice Yahoo to bid for Zynga driving the price up. Then Facebook comes along and outbids them. Facebook would still be getting a deal and depending on the holdings... somebody gets rich. And, it won't be Yahoo. Just the bidding war alone will make the deal smell much sweeter than just a buyout. Zynga and Facebook both win in such a deal I think.
Facebook And Zynga: Partners In Gambling? [View article]
I sure hope this writer is wrong about what Zynga could sell for. There are a ton of people out there, me included, who have faith in Zynga succeeding. I don't want to see my $6 dollar shares taken from me at $5. I dare say the employees don't want to see their $10 shares taken from them either. To assume we will roll over for half price seems a bit far fetched to me. Perhaps if Zynga was on the brink of failing and we had no choice I could see that scenario. BUT it's not.
Zynga (ZNGA) +3% AH and Boyd (BYD) +3.5% after NJ Gov. Chris Christie does the expected and signs an online gambling bill approved by the state legislature. The law only allows Atlantic City casinos to handle online bets within the state, but casino operators are expected to form partnerships with online gambling firms. Both NJ and Nevada are looking to sign deals that would allow local players to take bets from outside the state, but those agreements could take time to hammer out. [View news story]
Zynga's lack of run-up could easily be that it has had such a big rise in the past week that it was just plain stopping to catch it's breath. BYD has not had that run so it had room to inhale.
Zynga (ZNGA +5.8%) - yes, Zynga - is joining the ranks of Internet companies creating original programming. The company has hired Rush Hour director Bruce Ratner and studio Six Eleven Media to produce a series of 30-minute animated shows based on (wait for it...) FarmVille. Forbes' Paul Tassi, a long-time Zynga critic, is skeptical Zynga will reap major synergies, and also questions the show's appeal to adult FarmVille players. Shares are continuing their post-earnings rally today, perhaps lifted by rising online gambling hopes. [View news story]
You know, your comment is very revealing of why your not presidient of a big company. Coke sells a ton of product and a great deal of it is paid for by money from a third party. Kids parents buy them a coke, not the kid directly. The same process works when you get anyone "hooked" on a product and then they start putting out cash for it. Get kids hooked on a cartoon then get them into the game. Pretty simple process but you seem to not understand that.
Zynga's (ZNGA -2.8%) U.K. real-money gambling titles (offered in partnership with local player bwin.party) will be available on the Web, PC apps, Facebook (FB), and perhaps also mobile apps, says chief revenue officer Barry Cottle. A Facebook spokeswoman states her company is comfortable with supporting U.K. online gambling, which could provide a boost to (slowing) Facebook Payments growth. Two sites - ZyngaPlusPoker and ZyngaPlusCasino - will launch by the end of June. (previous) (Nevada) [View news story]
please explain. Is there suppose to be something in the works for BB?>
Zynga Real-Money Gaming License Attempt: A Wise Move? [View article]
Your expenses statement is true but they are not already spent so they do not touch the bank account. Why? Because Zinga is earning about $350million per quarter! Obviously $700 million is a lot for such a young company but that is what it takes to get to the top and stay there in the software and gaming industry. I certainly don't see that figure as out of line with their earnings at this stage of the company. Just preparing a fast and secure Zynga.com to handle their future growth plan is a big expense. I applaude them for having the vision to take care of that end of the business before going after the prize of expanded business and having it seize up on them. I can't speak for the stock price. I can only say that I have seen thousands of stocks rise and fall when the company itself did not move one bit. Look at the history of some of our biggest corporations in America. Their stock has gone down, at times by 50% and the company itself didn't fail or even lose revenue in some cases. IF I could explain stock prices I would not have time to be writing here. As for the brain drain at Zynga. Zynga was created and grown by some extremely smart and talented people. If you hand someone like that millions of dollars they are going to take it and go one to create another company or try to grow an existing one. Thats how people like this enjoy their work. Many of them actually work under contract rather than as conventional hires.
Zynga Real-Money Gaming License Attempt: A Wise Move? [View article]
Your statements are annoying. "Unlike Zynga, Bally & IGT are generating real-money online & mobile gambling revenue" Zynga is currently earning five times what Bally is earning. check their financials. They are both publicly traded companies so it is out there for all to see. BYI vs Znga. Zynga is earning more per quarter than Bally earns in a whole year! Open your eyes to the fact Zynga has the resources to create a top notch internet casino. With the kind of bank roll they have they can spend 50 million a quarter on advertising and still make $200 million more than Bally does in a year. On top of their $ resources, all those teens they are cultivating on FB will soon be legal gamers. They don't know who Bally is but they sure know Zynga.
Zynga Real-Money Gaming License Attempt: A Wise Move? [View article]
I maintain that with $1.2 billion in the bank, earnings and cashflow have no relevance in their licensing expenses. As for how many Zynga users would qualify to gamble on line in NV I think you might have an interesting point. IF someone as big as Zynga gets into play there how many customers will they pull from the existing players? I contend they will pull a lot. Companies like Bally should be really concerned. Proof of this can be seen on FaceBook where Bally is not even on the radar. I don't know NV's laws. I suspect however that there is NOTHING stopping Zynga from opening shop in NV and letting international traffic play. Keep in mind that FB's user base is practically three times the total population of the US. That means a whole lot of Zynga's MAU and DAU are not even in this country. It really sounds like many are complaining that Zynga is laying the foundation for a giant international casino. You can't build one starting with the gaming table. You have to make a foundation first.
Zynga Real-Money Gaming License Attempt: A Wise Move? [View article]
HaHa... seeing as they have $1,000,000,000,000 and more in the bank I'd say they could apply about 200 times and still have some coin in their pocket. Your really stretching for excuses here for why they can't succeed. They can and nobody on the planet right now is in a better position to do it.
Zynga Real-Money Gaming License Attempt: A Wise Move? [View article]
Zynga has already partnered with Wynn Resorts. That may not be the biggest around but it sure is good for an introduction. They are focused on NV right now because it is about the only place in the US they can go legally. That will change in time and they will be prepared better than any game maker out there to take advantage of it. Anyone who thinks otherwise just is not seeing the future creatively. Example, they get started now with gambling with cards, dice and slots. In the future they will have vertual rodeo gambling and all kinds of sports. This virtual world they have going is going to be a gold mine.
Zynga (ZNGA +4%) and Synacor (SYNC +1.9%) open higher after the companies strike a deal that gives Synacor's pay-TV industry customers the option to offer Zynga's games on their portal homepages, and to include Zynga virtual currency in their subscription bundles. Synacor's customer base includes Verizon, Time Warner Cable, and CenturyLink. Recent Facebook-related developments (I, II) make it easier for Zynga to expand its horizons, and arguably give it some motivation to do so. [View news story]
Just goes to show. All the people who ran when Zynga and Facebook changed their relationship were either not familiar with the relationship or blind to the possibilities it opened to Zynga and Facebook. There will be more news like this. Eventually this will be one of those stocks where people look back and see the opportunity missed NOT the dollars lost. BTW, another plus for Zynga is that the economy is getting worse. As that happens many will elect to play cheap Zynga games rather than go out for other entertainment or $50+ games from the likes of EA. Zynga, in effect will be the Dollar Store in the entertainment arena.
Zynga's Core Biz In Further Implosion Trouble - Facebook Is Better Off [View article]
I'm reading a lot of people saying this change is completely against Zynga. As if nothing in the deal favors them. Why would they agree to such a lopsided deal? I have not read anything from anyone that explains why they would sign off on suicide. I think this deal helps both sides in some way. For instance: Zynga is already developing games for the Apple kingdom. Now they are free to move any game they had on facebook onto ipod,pad, phone. There is going to be new revenue streams coming into Zynga that it could not tap till now. I don't hear anyone mentioning these pluses.
Zynga (ZNGA) -11.1% AH after disclosing it has amended its agreement with Facebook (FB). The most worrisome line: "Facebook will no longer be prohibited from developing its own games." Facebook has said it's not interested in being a game developer, but as of March 31, 2013, it won't be legally obligated on that count. The amendment also frees Zynga of the obligation to display Facebook ads or use Facebook credits on Zynga.com and other company properties, and of having Facebook be its "exclusive social platform." [View news story]
I agree, this is good for Zynga. What I don't understand is why FB agreed to release Zynga from the contract they had with them.
Zynga's Deteriorating Outlook - Time To Move On [View article]
Yahoo M&A speculation has Zynga (ZNGA +7.7%) shorts fleeing for the exits. Wunderlich's Blake Harper sees Zynga as a possible buyout target for Yahoo (YHOO), whose M&A chief recently said the company is working on two "significant" acquisitions (without elaborating), as the Internet giant tries to strengthen its mobile/social positioning. 16.4% of Zynga's float was shorted as of Feb. 15. [View news story]
I can't imagine Yahoo buying Zynga. Just a small example of why is this: Can you see FaceBook staying aligned to games produced by Yahoo?
What I can imagine is a backroom deal in which Facebook and Zynga agree to entice Yahoo to bid for Zynga driving the price up. Then Facebook comes along and outbids them. Facebook would still be getting a deal and depending on the holdings... somebody gets rich. And, it won't be Yahoo. Just the bidding war alone will make the deal smell much sweeter than just a buyout. Zynga and Facebook both win in such a deal I think.
Facebook And Zynga: Partners In Gambling? [View article]
Facebook And Zynga: Partners In Gambling? [View article]
Zynga (ZNGA) +3% AH and Boyd (BYD) +3.5% after NJ Gov. Chris Christie does the expected and signs an online gambling bill approved by the state legislature. The law only allows Atlantic City casinos to handle online bets within the state, but casino operators are expected to form partnerships with online gambling firms. Both NJ and Nevada are looking to sign deals that would allow local players to take bets from outside the state, but those agreements could take time to hammer out. [View news story]
Zynga (ZNGA +5.8%) - yes, Zynga - is joining the ranks of Internet companies creating original programming. The company has hired Rush Hour director Bruce Ratner and studio Six Eleven Media to produce a series of 30-minute animated shows based on (wait for it...) FarmVille. Forbes' Paul Tassi, a long-time Zynga critic, is skeptical Zynga will reap major synergies, and also questions the show's appeal to adult FarmVille players. Shares are continuing their post-earnings rally today, perhaps lifted by rising online gambling hopes. [View news story]
Zynga's (ZNGA -2.8%) U.K. real-money gambling titles (offered in partnership with local player bwin.party) will be available on the Web, PC apps, Facebook (FB), and perhaps also mobile apps, says chief revenue officer Barry Cottle. A Facebook spokeswoman states her company is comfortable with supporting U.K. online gambling, which could provide a boost to (slowing) Facebook Payments growth. Two sites - ZyngaPlusPoker and ZyngaPlusCasino - will launch by the end of June. (previous) (Nevada) [View news story]
Zynga Real-Money Gaming License Attempt: A Wise Move? [View article]
I can't speak for the stock price. I can only say that I have seen thousands of stocks rise and fall when the company itself did not move one bit. Look at the history of some of our biggest corporations in America. Their stock has gone down, at times by 50% and the company itself didn't fail or even lose revenue in some cases. IF I could explain stock prices I would not have time to be writing here.
As for the brain drain at Zynga. Zynga was created and grown by some extremely smart and talented people. If you hand someone like that millions of dollars they are going to take it and go one to create another company or try to grow an existing one. Thats how people like this enjoy their work. Many of them actually work under contract rather than as conventional hires.
Zynga Real-Money Gaming License Attempt: A Wise Move? [View article]
"Unlike Zynga, Bally & IGT are generating real-money online & mobile gambling revenue"
Zynga is currently earning five times what Bally is earning. check their financials. They are both publicly traded companies so it is out there for all to see. BYI vs Znga. Zynga is earning more per quarter than Bally earns in a whole year! Open your eyes to the fact Zynga has the resources to create a top notch internet casino. With the kind of bank roll they have they can spend 50 million a quarter on advertising and still make $200 million more than Bally does in a year.
On top of their $ resources, all those teens they are cultivating on FB will soon be legal gamers. They don't know who Bally is but they sure know Zynga.
Zynga Real-Money Gaming License Attempt: A Wise Move? [View article]
It really sounds like many are complaining that Zynga is laying the foundation for a giant international casino. You can't build one starting with the gaming table. You have to make a foundation first.
Zynga Real-Money Gaming License Attempt: A Wise Move? [View article]
Zynga Real-Money Gaming License Attempt: A Wise Move? [View article]
Zynga (ZNGA +4%) and Synacor (SYNC +1.9%) open higher after the companies strike a deal that gives Synacor's pay-TV industry customers the option to offer Zynga's games on their portal homepages, and to include Zynga virtual currency in their subscription bundles. Synacor's customer base includes Verizon, Time Warner Cable, and CenturyLink. Recent Facebook-related developments (I, II) make it easier for Zynga to expand its horizons, and arguably give it some motivation to do so. [View news story]
BTW, another plus for Zynga is that the economy is getting worse. As that happens many will elect to play cheap Zynga games rather than go out for other entertainment or $50+ games from the likes of EA. Zynga, in effect will be the Dollar Store in the entertainment arena.
Zynga's Core Biz In Further Implosion Trouble - Facebook Is Better Off [View article]
Zynga (ZNGA) -11.1% AH after disclosing it has amended its agreement with Facebook (FB). The most worrisome line: "Facebook will no longer be prohibited from developing its own games." Facebook has said it's not interested in being a game developer, but as of March 31, 2013, it won't be legally obligated on that count. The amendment also frees Zynga of the obligation to display Facebook ads or use Facebook credits on Zynga.com and other company properties, and of having Facebook be its "exclusive social platform." [View news story]