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Stock Market & Financial Investment News

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March 14, 2012
08:44 EDTZNGAZynga could add $325M in revenue from real-money poker, says Lazard Capital
Lazard Capital believes online gambling could be legalized in Nevada and New Jersey, with others other states to follow. The firm expects Zynga to move aggressively into real-money poker and online gambling, and estimates that poker alone could be an incremental $325M revenue opportunity for the company. Lazard Capital reiterates a Buy rating on Zynga shares with a $16 price target.
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June 18, 2013
07:42 EDTZNGAMay U.S. retail video game sales fall 25%, Bloomberg reports
U.S. retail sales of video game hardware, software and accessories tumbled 25% to $386.3M this past May, with overall hardware sales down 31% from last year to $96M, reported Bloomberg citing data from NPD Group. Reference Link
June 5, 2013
11:46 EDTZNGALaid off employee says Zynga strategy is terrible, The Next Web reports
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