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||Gus Hansen Nears $20 Million In Web Poker Losses|
|2||'Invisible Ink' Poker Cheat Banned From Connecticut Casinos|
|3||Gambler Finally Hits Vegas Slot Machine That Hadn't Paid Out Jackpot In 15 Years|
|4||Four Elderly Men Accused Of Palming, Swapping Cards At Minnesota Poker Table|
|5||91-Year-Old WWII Veteran Attacked, Robbed Of Casino Winnings, Police Say|
|6||Pennsylvania Supreme Court: $75K Mandatory Fine For Poker Dealer Who Stole $200 Is Unconstitutional|
|7||SLS Las Vegas To Open Tonight At Midnight|
|8||Maryland Casino Says Former Employee Stole 'Highly Confidential' List Of High Rollers|
|9||Man Robs Casino, Tries To Get Away By Hitchhiking, Police Say|
|10||Poker Strategy With Gavin Griffin: Interesting Decisions|
|1||Former Roulette Dealer Faces Criminal Charges For Telling Gambler About 'Lucky Number'|
|2||Aces Crack Aces In $1 Million Buy-In Poker Event|
|3||Phil Ivey's Alleged Accomplice In Borgata 'Cheating' Case Also 'Edge-Sorted' At Foxwoods|
|4||Gus Hansen Nears $20 Million In Web Poker Losses|
|5||Atlantic City's Most Expensive Casino Ever Built To Close Next Month After Horrendous Two-Year Failure|
|6||'Invisible Ink' Poker Cheat Banned From Connecticut Casinos|
|7||Real-Money Online Poker Coming To California This Month, Tribal Gaming Regulator Says|
|8||Dan Cates Accidentally Flew To Airport In San Jose, CA Rather Than Airport In San José Del Cabo, Mexico|
|9||Steven Seagal Stars In New Poker Movie|
|10||A Poker Life: Jennifer Tilly|