Is Now the Time to Cash In on Zynga Stock?
Apr 7th 2013 10:15AM
Updated Apr 7th 2013 10:20AM
After what seems like years of waiting, Zynga has officially launched real-money games. There's just one hitch: Only U.K. players are eligible.
ZyngaPlusPoker and ZyngaPlusCasino are to be run in tandem with bwin.party digital entertainment , which hosts the popular real-money gaming site PartyPoker. Both games will make their way to Facebook and mobile platforms this year, the company said in a blog post.
The net impact of this move on Zynga stock is unknowable at this point, but a change in U.S. law could be a meaningful catalyst for sending the shares higher, says Tim Beyers of Motley Fool Rule Breakers and Motley Fool Supernova.
Get Tim's full take in the following video, and then leave a comment to let us know what you think of Zynga's bet on real-money games.
Zynga's post-IPO performance has been dreadful, and investors are beginning to wonder if it's "game over" for this newly public company. Being so closely tied to the world's largest social network can be a blessing and a curse. You can learn everything you need to know about Zynga and whether it's a buy or a sell in our new premium research report. Don't even think about picking up shares before you read what our top analysts have to say about Zynga. Click here to access your copy.
The article Is Now the Time to Cash In on Zynga Stock? originally appeared on Fool.com.Fool contributor Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team and the Motley Fool Supernova Odyssey I mission. He didn't own shares in any of the companies mentioned in this article at the time of publication. Check out Tim's Web home and portfolio holdings, or connect with him on Google+, Tumblr, or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.The Motley Fool recommends and owns shares of Facebook. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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