First floated back in July, Zynga has officially withdrawn its application for an interactive gaming license in the US state of Nevada, signaling its intent to pull out of the real money gambling scene.
The company's "request to withdraw applications" has, according to USPoker.com, been granted by the September Nevada Gaming Control Board, with the developer now looking to refocus its efforts back on the social and free-to-play scene.
Pulling out
"Zynga believes its biggest opportunity is to focus on free to play social games," detailed Zynga back in its Q2 2013 earnings report.
"While the company continues to evaluate its real money gaming products in the United Kingdom test, Zynga is making the focused choice not to pursue a license for real money gaming in the United States.
"Zynga will continue to evaluate all of its priorities against the growing market opportunity in free, social gaming, including social casino offerings."
The decision to pull out of real money gambling in the US is seen as one of the first major decisions taken by recently appointed CEO Don Mattrick, who joined the company at the start of July.
Since then, Zynga has shuttered studios, culled staff and seen more executives abandon ship, with revenue dropping by 31 percent during the firm's last quarterly report.
[source: USPoker.com]
News
With a fine eye for detail, Keith Andrew is fuelled by strong coffee, Kylie Minogue and the shapely curve of a san serif font.
Related Articles
News
Feb 13th, 2024
Mobile revenue exceeds Take-Two’s expectations, making over $2 billion in nine months
Top Stories
News
4 hours, 23 minutes ago
AppLovin revenue surges 48% Y/Y to $1bn in Q1 as it eyes non-gaming growth
News
5 hours, 3 minutes ago
The top 10 reasons you can't afford to miss Pocket Gamer Connects Helsinki
Feature
5 hours, 33 minutes ago
Hot Five: Dubai's new Gaming Visa, April's mobile game charts, and Xbox studio closures
News
May 10th, 2024
Week in Views - Xbox's mobile games store is doomed to fail, Sonic meets the Angry Birds, and Apple's iPad problem
Events
Valencia Indie Summit 2024 | Europe | May 16th |
Mobidictum Meetup Berlin May 2024 | Europe | May 16th |
Digital Dragons | Europe | May 19th |
GamesBeat Summit 2024 | North America | May 20th |
Mobidictum Meetup Tallinn May 2024 | Europe | May 21st |
Nordic Game Spring 2024 | Nordic | May 21st |
Impact 2024 - Indie Games | May 23rd | |
MomoCon 2024 | North America | May 24th |