Rumors Abound: Zynga and BWin.Party to Join Forces in New Jersey
With Bwin.party’s social sports betting product nearing an initial beta-launch ahead of a full launch planned before the end of Q1, some stock forecasting sites are suggesting a possible partnership between both these big name firms in the state of New Jersey.
Bwin.Party is already the market leader in real time online gambling in the state of New Jersey since its launch in late November. The company enjoyed a head start over much of its competition.
Zynga already maintains the largest free-to-play online poker customer list on the planet and would be able to immediately determine which of its players reside in the Garden State and the surrounding region. Current New Jersey laws only permit those physically located in New Jersey to play online for real money.
Both companies have remained mum on their plans.
Zynga was priced at 4.77 at press time February 4, 2014 12:30 pm EDT but was up 6.24% on the day on a UBS upgrade.
- Aaron Goldstein, Gambling911.com
