Zynga And Facebook Move Closer To Real Money Gambling
New Agreement Between Social Media Platform And Social Games Developer Brings Real Money Poker Closer
Social game developer Zynga has restructured its agreement with social media platform Facebook which paves the way for the launch of real money games such as online poker to be made available on Facebook.
The agreement, signed Thursday, Nov. 29 sees the loosening of ties between the two companies – Facebook is now free to develop its own games.
The key clause relating to real money games says, “If Facebook allows real money gambling games on the Facebook web site in countries where Zynga has real money gambling games, Zynga will subsequently launch such games on the Facebook web site, if certain conditions are met by Facebook.”
Zynga recently signed a deal with bwin.party which will see it launch real money poker in the UK via its Zynga Poker brand on the Party Poker network.
Zynga’s share price fell 12 percent on the news of the renegotiated deal as investors got nervous about the end of the special relationship between the two companies.
|1||Gambling Grandmas Busted By Police In Florida|
|2||Crazy Gambling Stories From November|
|3||Poker Strategy: Revamping Your Game|
|4||Online Poker: Dan Cates Wins $263,000|
|5||CPTV Classic: Timex Talks Poker Preflop Checklist|
|6||Poker Strategy: Playing Paired Boards|
|7||Poker Strategy With Roy Cooke: Value And Risk|
|8||Ivey Given Hearing To Appeal Crockfords Decision|
|9||Teen Sentenced For Cyber Attack On Gambling Site|
|10||Nevada Attorney General Supports Web Poker Ban|
|1||Joe McKeehen Wins 2015 WSOP Main Event|
|2||Alex Jacob Wins Jeopardy ToC|
|3||2015 WSOP November Nine Resume Play On Sunday|
|4||Watch Negreanu Bubble WSOP FT In Dramatic Fashion|
|5||McKeehen Still Leads WSOP Main Event Final Table|
|6||WSOP Releases Betting Lines For Final Table|
|7||A Statistical Look at the WSOP Main Event Final Table|
|8||Man Arrested For Slapping Fellow Poker Player|
|9||WSOP Final Table Reinvigorates Shot Clock Debate|
|10||WSOP: Patrick Chan Out In Ninth Place|