Zynga and online gambling
Jul 25, · Zynga chief operations officer David Ko said in an analyst conference call today that the company decided not to invest in U.S. real-money online gambling because it needs to stay focused . Zynga profits in its third quarter topped franchise history records in the social casino sphere. Here are the numbers year over year: Zynga Poker mobile revenue: up 78 percent; Zynga mobile bookings: up 81 percent; The company has capitalized on 24 percent of total online game bookings. Apr 07, · Zynga is licensed in the UK for real-money gambling, and according to the company's latest annual filing, Zynga Poker is the largest free-to-play online poker game in the world. In , Zynga Poker was the top performer by revenue, generating 21% of total online game Author: Robert Weinstein.
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In episodes seven and eight of ESPN docuseries The Last Dance , it's referenced—then debunked—that Michael Jordan first retired in because of gambling Jordan later returned to basketball more than once. Jordan's father had been tragically murdered in August , and Jordan's stated reason for leaving the sport was this, as well as his lack of interest in playing.
But, throughout his long and storied career, questions about his gambling have remained. Jordan has stated he doesn't have a gambling problem, countering instead: "I have a competition problem. Jordan does have a well-established history as someone who likes to bet, both small and large. As early as high school, he apparently wrote to his prom date about a bet they'd made. In college, a check that Jordan wrote after losing at pool went up for auction.
Once he got to the NBA, he bet—often very large sums—with anyone who'd play with him. He bet on the Jumbotron cartoon races with stadium security guards and on cards with teammates like Scottie Pippin. Despite his absolutely justified reasoning that his personal tragedy led to his taking a break, unsubstantiated theories remained.
Per Sports Illustrated, Jordan "admitted to incurring substantial losses from gambling," and the NBA appointed a former federal judge, Frederick Lacey, to look into Jordan's bets. Legal gambling isn't prohibited by the NBA; the problem is that Jordan didn't disclose some of his bets. He admitted it was a gambling debt over golf. My Cry for Help. Jordan denied the claims entirely —and he wouldn't have been charged with more than a misdemeanor if Esquinas had been correct—but at Hilton Head, where a lot of the golf was played, it's technically illegal to gamble.
The NBA ended up clearing Jordan of wrongdoing. Apparently, Jordan did continue to bet, including on card games, and even publicly betted on providing a basketball camp with free sneakers. That time CP3 bet Michael Jordan if he missed three shots then his whole basketball camp gets free Jordans.