Zynga Poker withdraws from real money market - Poker News

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Zynga Poker withdraws from real money market

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03-21-2015 , 10:29 AM

MadeInPolanD

adept

Join Date: Jul 2007 Posts: 986

"“I think what’s really surprising about the company right now is that they appear to be making the same mistakes. Launching games too quickly, not doing enough consumer research on their games and pushing them out — the same mistakes that [former CEO] Mark Pincus was making when he was leading Zynga.”"

by BTIG analyst Richard Greenfield

http://www.liquidpoker.net/news/1125...l_money_market

http://venturebeat.com/2013/09/30/zy...nse-in-nevada/

How can you not milk a cow with 32 million registered users?

This is how PokerStars competition looks like... they're all amateurs.

It's so sad

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03-21-2015 , 11:46 AM

IHasTehBluff

banned

Join Date: Oct 2014 Posts: 415

Quote:

Originally Posted by MadeInPolanD

How can you not milk a cow with 32 million registered users?

This is how PokerStars competition looks like... they're all amateurs.

It's so sad

yea thats pretty pathetic if you ask me. at the same time however that have alot of players willing to pay real money for fake chips. So they are not really losing, i guess they just feel it would lower their profit margins spending money to get licensed in nevada and then have to deal with more operational costs all awhile trying to build a profitable business.

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03-21-2015 , 11:53 AM

SuperSwag

Pooh-Bah

Join Date: May 2012 Posts: 5,767

just played there first time in 2 years. Software is awful. it is also not 2012 anymore people don't play as many facebook games anymore. maybe candy crush but that's it mostly.

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03-21-2015 , 11:52 PM

Jyzz

banned

Join Date: Oct 2014 Posts: 111

a facebook linked cash game site would be awesome

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03-22-2015 , 02:51 AM

Everlastrr

Carpal \'Tunnel

Join Date: Feb 2008 Posts: 12,897

Don Mattrick is one smart operator and notoriously ruthless. I doubt he let go of the real money poker with seeing some seriously unreasonable barriers to entry that were ahead. He single handedly rescued Microsoft's gaming effort and before that was responsible for a huge part of EA's success.

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03-22-2015 , 03:16 AM

paletokio

old hand

Join Date: Nov 2009 Posts: 1,237

They were my last hope for that second poker boom, gg online poker, and with amaya up front I guess online poker will continue downhill, only Semi-good for tourneys I guess.

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03-22-2015 , 04:52 AM

ZenForest

veteran

Join Date: Dec 2010 Posts: 2,435

Quote:

Originally Posted by paletokio

They were my last hope for that second poker boom, gg online poker, and with amaya up front I guess online poker will continue downhill, only Semi-good for tourneys I guess.

Not sure I see how Zynga offering poker(real money) would spark a 2nd boom, wouldn't legal issues state x state and country x country stifle them just as it has the current Poker Room Operators.

For example....in the USA......only NJ, NV, and Delaware residents would be able to play ????

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03-22-2015 , 07:37 AM

MadeInPolanD

adept

Join Date: Jul 2007 Posts: 986

can some moderator please edit first post, i see i made a mistake with second link, i wanted to paste this:

http://www.onlinepoker.net/poker-new...g-market/26334

instead of: http://venturebeat.com/2013/09/30/zy...nse-in-nevada/

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03-22-2015 , 07:42 AM

SootedPowa

veteran

Join Date: Jun 2013 Posts: 3,389

Quote:

Originally Posted by Everlastrr

Don Mattrick is one smart operator

He is a clown who does stupid things - fits in well with Zynga.

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03-22-2015 , 08:31 AM

#10

uradoodooface

banned

Join Date: May 2012 Posts: 2,381

Quote:

Originally Posted by IHasTehBluff

Its prolly cuz the poker market is saturated in places like the UK where they are free to do business and then in regulated areas like the US it's just not that lucrative yet to take the risk. I wonder how other regulated markets are doing in terms of competition of poker rooms like in France, ITaly, whatever place regulated it. I wouldnt be surprised if it looked kinda like how the US is although it seems the Scanis got it right some how but maybe they didnt even regulate it? No clue....

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03-22-2015 , 08:44 AM

#11

JohnCleese

old hand

Join Date: Aug 2012 Posts: 1,935

I had high expectations for this. Imo it never took off because of marketing. I'm not even sure there was any marketing of any kind at all?

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03-23-2015 , 12:54 PM

#12

rocketragz

old hand

Join Date: Nov 2008 Posts: 1,297

Their success probably relies heavily on the success of a regulated market in the USA. Seeing their exit makes me thnk that it won't be happening on a large enough scale to matter anytime soon.

USA players just need to sit back and relax and play our unregulated sites because it's all we're going to have for a long time.

Best thing we can probably do is hold off adelson on passing any legislation that will be too damaging to reverse and recover from before he dies.

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03-23-2015 , 01:07 PM

#13

crdjeep

old hand

Join Date: May 2008 Posts: 1,417

Quote:

Originally Posted by rocketragz

Play chips ftw lol

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03-23-2015 , 01:19 PM

#14

heater

Carpal \'Tunnel

Join Date: Feb 2006 Posts: 11,407

lol @ Don Mattrick being a smart operator

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03-23-2015 , 10:51 PM

#15

basstrapsz

centurion

Join Date: Oct 2014 Posts: 142

hopefully they might head to other sites and we see the fish come in waves.

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03-23-2015 , 11:30 PM

#16

Kralex

veteran

Join Date: Nov 2011 Posts: 2,349

They really screwed up a big opportunity lol

However, it does seem that the effort put into opening and running a real money gambling website may not actually be worth it at this point in time.

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03-24-2015 , 12:19 AM

#17

ArtyMcFly

Carpal \'Tunnel

Join Date: Dec 2014 Posts: 13,256

Quote:

Originally Posted by JohnCleese

I had high expectations for this. Imo it never took off because of marketing. I'm not even sure there was any marketing of any kind at all?

There might not have been "enough" marketing, but getting people to transition from play money chips to real money is notoriously difficult. There are millions of users of Pokerstars Play on facebook/mobile, but it's not just governments/regulators stopping them from switching to real money games. People like free entertainment. They don't like paying for things they can get for free.
In addition, anyone playing on Zynga that was considering transitioning to real money didn't need to wait for Zynga to offer it. Most poker players had already heard of Pokerstars. A marketing campaign doesn't create additional demand if the market is already saturated.

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03-24-2015 , 02:20 AM

#18

YorkyPuds

journeyman

Join Date: Nov 2009 Posts: 227

Goes to show how difficult it is for companies to convert play money players into rake generators.

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03-24-2015 , 02:01 PM

#19

idun215

veteran

Join Date: Jul 2012 Posts: 3,015

you guys are ridiculous there was zero chance Zynga was gonna succeed in the gambling world. Yes they had alot of play money players but its one thing to be a gaming company then to be a gambling gaming company. I had zero faith in them. If you look at their software that they had to compare the other gaming companies it was downright pathetic. Heck paradise poker software would've been better than zynga.

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03-26-2015 , 02:40 AM

#20

FyouIfeeed

newbie

Join Date: Mar 2015 Posts: 23

No Poker BoOm 2.0 ?

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