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Online and mobile gaming investment vehicle MGT Capital Investments has agreed a deal for the acquisition of New York City-based social casino games developer Avcom.
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Zynga Inc (NASDAQ:ZNGA) has been struggling since it issued its initial public offerings (IPO), including the exit of CEO and co-founder Mark Pincus, who left the position to allow new management to give some bounce to the company from the current lows. Serious gamers do not regard social games highly, hence such games come and go like a fad. As a result, many social gaming companies tussle to remain relevant in the long run, according to a report from SeekingAlpha by Sramana Mitra.
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LAS VEGAS - Ultimate Gaming encourages anyone age 21 and over to pre-register now for Ultimate Casino by visiting UCasino.com.
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Earlier this year several online gambling legalisation initiatives in Pennsylvania – notably one from Representative Tina Davis – were stifled at committee level, but there is still hope that a measure will pass in the new year, according to a report on the information site Online Poker Report.
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Scientific Games Corporation (Nasdaq: SGMS) today announced that iGaming in Delaware is live with poker, casino table games and casino slots gaming now available on the internet to adults located in the State. Scientific Games signed a contract with the Delaware Lottery to be the primary vendor team, along with 888 Holdings PLC (LSE:888), to operate internet gaming systems and services in the State for an initial term of five years with four additional one-year contract extension options held by the Lottery.
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