Zynga Q1 revenue up sharply for Q1 2021

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…

Aristocrat reaches out-of-court settlement in Washington social gaming case

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 advocates organize in Washington State

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 clocks revenue record for Q1 but no profit

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 Slashing Staff to Emphasize Social Gaming

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.…

Washington Social Casino Lawsuit Spawns…More Social Casino Lawsuits

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 Turns a Profit for the First Time in Seven Years

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…

Aristocrat Leisure Acquires Plarium in Digital Market Bid

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…

IGT Selling DoubleDown Social Casino for $825 million

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…