Can Zynga And Groupon Be Saved? An Activist Hedge Fund Seems To Think So - Forbes: "The social gaming company applied for a real money online gaming license in Nevada in late 2012 and has already signed a deal in the U.K. with Bwin. Total U.S. online gambling revenues stood at $4 billion last year according to UBS , compared with total gambling revenues of about $60 billion. Zynga faces an uphill battle, though, as not only will it have to deal with uncertain regulation, but also with intense competition. While Zynga is said to have had talks with Wynn, it remains unclear what operating costs and capital investments will be necessary for Pincus’ gaming company to thrive in online gaming."
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