Manne wrote:
As Facebook Inc cashes in on its Initial Public Offering, other web-based companies such as Zynga Inc. have hitched a ride onto the rise of the social media giant by developing lucrative online games. With 35 million active monthly users, some of which buy virtual chips, Zynga Poker lays dormant as a potential powerhouse in a real-money online poker market.
Facebook snags a 30-percent cut from Zynga, which represents 12 percent of the site’s revenue. In March, Zynga announced it would do some business stag in possible preparation for real-money gambling.
Read More: Facebook's Rise Opens New Door for Online Poker
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2012/03/25
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