Zynga, the once-dominant force in social gaming, surprised its legion of critics by doing something it hasn't done in a very long time; it posted a profit. The maker of a legion of social gaming favorites, including Words with Friends and Farmville, announced revenue of $195.7 million for Q3 2015. That's in an increase of…
Q2 revenue is up in a big way at Churchill Downs thanks to a surge by their social gaming unit an strong showing during the Kentucky Derby. According to numbers announced this week and reported on by CalvinAyre.com, Churchill Downs pulled in $409 million worth of revenue during Q2 2015 (which ended on June 30).…
Zynga stockholders got some great news this week. Thanks to a better-than-expected Q1 performance, shares in the once-mighty social gaming company jumped 6 percent. Great news, right? Unfortunately, there's one group in the Zynga universe who won't be celebrating that fiscal victory; the 348 staff developers who were laid off from the company this week.…
Google is softening its stance on internet gambling advertising by allowing social casinos access to AdWords. The new policy will be undergoing a beta stage beginning in March. Social casinos who opt to go with AdWords will have full access to all of Google's advertising platforms across search, mobile, YouTube and apps. These ads will…
Zynga was once the darling of the social gaming world with massive market share and incredibly popular games like Zynga Texas Hold 'Em and Farmville. But those salad days seemed a world away from the bad news that's been pouring out of the company over the past few days. Last Friday, Zynga stock prices dropped…
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