New York (March 5th, 2013) - Zynga, Inc. (NASDAQ: ZNGA) is moving upwards in recent weeks after the two largest gambling states in the U.S. Nevada and New Jersey announced the legalization of online gambling.
The Nevada Gaming Control Board Chairman A.G. Burnett has stated that he has already received roughly 20 license applications for online gambling. According to American Gaming Association across the world approximately $35 billion is wagered online each year.
Zynga expanded into the gambling market last year when they signed a deal with Bwin.Party Digital Entertainment to offer real money poker and casino games in the U.K. Zynga CEO Mark Pincus has stated that the company will not focus on the existing hardcore gambling market. "We're not the company to win the hardcore real-money gamers," Pincus said. "But we think we are for the mass market audience."
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Smith & Wesson Holding Corporation (NASDAQ: SWHC) announced that it plans to release its third quarter fiscal 2013 financial results on Tuesday, March 5, after the close of the market.
On Tuesday, March 5, 2013, Smith & Wesson will host an analyst conference call that may include forward-looking statements. The conference call will be web cast live and is scheduled to begin at 5:00 p.m. Eastern Time.
Smith & Wesson Holding Corporation is a U.S.-based leader in firearm manufacturing and design, delivering a broad portfolio of quality firearms, related products and training to the global military, law enforcement, and consumer markets.
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