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Zynga Won't Pursue Real-Money Gaming License In The U.S.; Shares Drop 13% In After-Hours

wochit technology
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July 25, 2013 AT 6:31 PM
Zynga is giving up what many investors had hoped might be its trump card: a real-money gaming business in the U.S. The company, which has been testing out real-money casino games in the U.K. said it won't be pursuing a U.S. license after all in its second quarter earnings report.