Social gaming giant Zynga is reporting huge revenue boosts for Q1 2021, despite the hazards of the pandemic. The revenue leap was bolstered by successful games such as Harry Potter: Puzzles and Spells, as well as in increase in advertising earnings. But all that cash coming in was not enough to keep the company from…
Are social gaming sites offering games of skill or games of chance? That's a question that remains unanswered as Aristocrat, the Australian owner of social casino giant Big Fish Games reached an out-of-court settlement with plaintiffs in Washington State, rather than gambling with the the outcome of a jury trial on the matter. Aristocrat's troubles…
Social gaming is under fire in the state of Washington and the players who love it are, apparently, taking up the fight to save their beloved past time. At the heart of their fight is a growing move in Washington to label social gaming casinos as real casinos when players are allowed to purchase chips.…
Zynga, the venerable social gaming pioneer, clocked in a record amount of revenue in Q1 2018 with a whopping $265 million passing through its doors during the three months ending on March 31, 2019. As is so often the case in the upside down world of social gaming, that record revenue haul did not actually…
Big Fish Games is slashing its workforce in an effort to tighten its focus and stay competitive in a grueling marketplace. Those impacted by the move range from ground-level programmers to high level executives. The Seattle-based social gaming company made the layoff announcement via an internal memo which was promptly leaked to the website, GeekWire.…
A judge's recent decision declaring social casino gaming to be a form of gambling in a lawsuit against Big Fish Games has spawned a flurry of new lawsuits against social. free-to-play, operators. In the last week alone, Huuge Games, DoubleDown Interactive, High5 Games, and Playtika have all been hit with lawsuits from the same aggrieved…
Zynga, the once-dominant social gaming operator, did something in 2017 it hadn't done in almost seven years...it turned a profit. A profitable year is a small step forward for the company that practically invented social gaming in the early social media era, but has struggled to stay relevant in the age of mobile devices. That's…
Late last week, Aristocrat Leisure announced that it is acquiring Plarium, an Israeli social gaming firm, in a deal worth right around $500 million (USD). It's a move designed to catapult the well known slot machine maker into the digital marketplace in a significant manner. Filings surrounding the deal were filed with Australian financial regulators…
Zynga, the once dominant social gaming giant, posted a profitable Q2 2017 on the strength of its social slots products. Word that Zynga is operating in the black is the first good news the company has seen in a very long time. But before you applaud the return of the creators of Farmville and Zynga…
International Gaming Technology (IGT) is set to sell its DoubleDown social casino to DoubleU Gaming for $825 million. The acquisition also includes an extended strategic partnership between the two social casino giants. The deal is a very positive move for IGT, which acquired the DoubleDown Social Casino from its Seattle founders for $500 million in…
News in the iGaming and Sports Betting affiliate world moves fast.
Don't miss a beat! Subscribe to the CAP newsletter now.
