Zynga has finally stopped lobbying for real-money online gambling and done something about it: the Wall Street Journal reports that it’s submitted preparatory paperwork in Nevada that could see online gambling law change for good.
https://gizmodo.com/zynga-is-lobbying-hard-for-online-gambling-5935261
It’s an unceremonious procedure, but one that could end up changing the law surrounding real-money online betting. It might, however, take a while before we see any results, as the Wall Street Journal explains:
Nevada will examine Zynga’s financial standing and regulatory track record, and the expected timing for a decision is between a year and 18 months-making Zynga’s application an incremental but important step as it eyes new revenue opportunities
It’s also unclear how long it would take Zynga to obtain a gaming license in the state even if it’s deemed as qualifying for one. Until then, matchsticks will have to do. [Wall Street Journal]
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