ZNGA, GLUU Rally As Nevada Legalizes Online Gambling
Posted on February 22, 2013 at 09:55 AM EST
Shares of social gaming company's Zynga and Glu Mobile are trading higher this morning after Nevada Gov. Brian Sandoval yesterday signed a measure legalizing online gambling in the state. Nevada's Assembly and Senate quickly passed the measure yesterday in what the AP described as an emergency measure intended to win approval ahead of pending similar move by New Jersey.
Shares of social gaming company's Zynga and Glu Mobile are trading higher this morning after Nevada Gov. Brian Sandoval yesterday signed a measure legalizing online gambling in the state. Nevada's Assembly and Senate quickly passed the measure yesterday in what the AP described as an emergency measure intended to win approval ahead of pending similar move by New Jersey.
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