Zynga Inc (NASDAQ:ZNGA) shares have jumped more than 6% in trading so far today, after an announcement that suggests online gambling may be one step closer to legalization. The firm’s shares have risen by more than 30% since the start of 2013 on the hopes of such a deal. The new market is expected to open up massive opportunities for the company, and might lead it to earn a substantial profit.
Nevada legislators pushed through a bill yesterday that legalizes online gambling. The bill will also allow the residents of other states to Gamble online in Nevada based casinos, if the user’s home State has an...
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