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||Man Loses $500K On Super Bowl, Sues Casino|
|2||Chris Moorman Wins The 2014 World Poker Tour L.A. Poker Classic|
|3||High-Stakes Online Poker: Dan Cates Wins $486,000|
|4||Man Changes Name To 'Full Metal Havok More Sexy N Intelligent Than Spock And All The Superheroes Combined With Frostnova' After Poker Bet|
|5||Star Boxer Arrested Over Las Vegas Gambling Debts|
|6||Chris Moorman Headlines WPT L.A. Poker Classic Main Event Final Table|
|7||New Jersey Online Poker Event Sees Huge Field|
|8||Poker Strategy With Gavin Griffin: Defending Your Soldiers|
|9||U.S. Lawmaker Wants To Ban Online Poker|
|10||Poker Hand Of The Week: 3/6/14|
|1||Chan Pelton Banned From All World Series of Poker Events and Properties After Taking Single Tournament Chip|
|2||Three Years Later, Blair Hinkle Finally Receives His Missing $1 Million In Full Tilt Poker Money|
|3||Man Loses $500K On Super Bowl, Sues Casino|
|4||High-Stakes Online Poker: Poor February Puts Blom Back In The Hole Lifetime On Full Tilt Poker|
|5||Chris Moorman Wins The 2014 World Poker Tour L.A. Poker Classic|
|6||Police Arrest Two For Allegedly Using Fake Poker Chips At Maryland Casino|
|7||Crazy Gambling Stories From February|
|8||Poker Strategy With Ed Miller: Three Great Small Stakes Plays That Fail In Tougher Games|
|9||George Lopez Arrested For Drinking Way Too Much And Passing Out On Casino Floor|
|10||NBC National Heads-Up Poker Championship Not Running In 2014|