Zynga Takes First Step Towards Gambling In Nevada, Says Process Will Take More Than A Year
Zynga has applied for a "preliminary finding of suitability" from the Nevada Gaming Control Board, which the first step towards offering real-money gambling games in that state. The news broke in the Wall Street Journal , and Zynga has confirmed it, though it notes that the process will take 12 to 18 months, and says that it sees gambling in the "broader U.S. market" as "further out on the horizon based on legislative developments." Here's the full statement from Chief Revenue officer Barry Cottle:
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Zynga has applied for a “preliminary finding of suitability” from the Nevada Gaming Control Board, which the first step towards offering real-money gambling games in that state. The news broke in the Wall Street Journal, and Zynga has confirmed it, though it notes that the process will take 12 to 18 months, and says that it sees gambling in the “broader U.S. market” as “further out on the horizon based on legislative developments.”

Here’s the full statement from Chief Revenue officer Barry Cottle:

Zynga has filed its Application for a Preliminary Finding of Suitability from the Nevada Gaming Control Board. This filing continues our strategic effort to enter regulated RMG markets in a prudent way. We anticipate that the process will take approximately 12 to 18 months to complete.  As we’ve said previously, the broader U.S. market is an opportunity that’s further out on the horizon based on legislative developments, but we are preparing for a regulated market. We’ve also recently partnered with bwin.party to bring the highest quality real money gaming experiences to our UK players in the first half of 2013.


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