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 agreement with...
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