Zynga Wants to Offer Real Money Gaming

Zynga Wants to Offer Real Money Gaming

It has long been rumored that Zynga would like to venture from play money to real money gaming. Zynga recently confirmed to AllThingsD that the rumors are true. They are gearing up to step into the real money gaming market.

Can Zynga Offer Real Money Gaming?

Zynga can not legally offer real money gaming at this time, but that could change very soon. Zynga will need to acquire gaming licenses. The new DOJ ruling that the Wire Act only pertains to sports betting leaves the door open for companies to try to establish legalized gaming in the United States.

Zynga is based in San Franscisco. A Zynga spokes person tells AllThingsD:

“We build games and experiences that our players want and love. Zynga Poker is the world’s largest online poker game with more than 7 million people playing every day and over 30 million each month.

We know from listening to our players that there’s an interest in the real money gambling market. We’re in active conversations with potential partners to better understand and explore this new opportunity.”

Watch Out Pokerstars Here Comes Zynga

Pokerstars is currently the world’s largest poker site with around a million players playing at any given time, but Zynga could easily surpass these numbers with their loyal player base.

They already have over 7 Million players playing daily that are comfortable with the site and software. It is unknown how many of these players will be comfortable playing for real money, but I’m sure that a good portion of them will be willing to try it out if it is legal.

When Will Zynga Launch Real Money Games?

Zynga has a lot of work to do to get ready for real money games. We are guessing that the process will take months. The hope is that the United States has legalized online gambling by the time that the site gets ready to accept real money players.

We know that Zynga has been in talks with existing gambling organizations about a possible partnership. A partnership with a company that has gaming software available is the best way to go in my opinion. It can take a long time to develop gaming software from scratch.

Will Real Money Games be Available on Facebook?

Zynga Poker is currently the number one game on Facebook. Players play for credits that can never be cashed out. A lot of players are already spending money to play poker on Facebook by buying Facebook credits to play the game, but the players can never cash out any money.

This leads us to believe that the players will welcome real money gaming with open arms. However, Facebook has given a statement saying that they have no plans to offer real money games.

We will keep you updated on this developing story as it unfolds.