Home > Boards > US Listed > Gaming and Casinos > Zynga, Inc. (ZNGA)

Taken From Seeking Alpha................

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Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 10/17/2019 7:37:07 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 10/17/2019 7:35:32 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 10/17/2019 7:34:27 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 10/17/2019 7:32:16 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 10/17/2019 7:30:31 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 10/17/2019 7:21:20 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 10/17/2019 7:19:15 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 10/17/2019 7:07:08 PM
Zynga to Discuss Third Quarter 2019 Financial Results on October 30, 2019 Business Wire - 10/16/2019 9:05:00 AM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 10/8/2019 7:16:15 PM
Words With Friends Activates Breast Cancer Awareness Month With Social Campaign #WordsWithHope Business Wire - 10/1/2019 8:00:00 AM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 9/30/2019 7:40:55 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 9/24/2019 7:39:50 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 9/20/2019 5:33:32 PM
Zynga Launches Spellbinding New Puzzle Adventure Game Merge Magic! Business Wire - 9/18/2019 9:00:00 AM
Zynga startet packendes neues Puzzle-Abenteuerspiel Merge Magic! Business Wire - 9/18/2019 9:00:00 AM
Zynga lance un nouveau jeu envoûtant d’aventure et d’énigmes Merge Magic! Business Wire - 9/18/2019 9:00:00 AM
Zynga lancia Merge Magic!, il nuovo affascinante ed enigmatico gioco di avventura. Business Wire - 9/18/2019 9:00:00 AM
ジンガが魅惑的新作パズル・アドベンチャー・ゲーム「Merge Magic!」をリリース Business Wire - 9/18/2019 9:00:00 AM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 9/17/2019 6:13:13 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 9/17/2019 6:10:27 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 9/17/2019 6:08:47 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 9/17/2019 6:07:02 PM
Statement of Changes in Beneficial Ownership (4) Edgar (US Regulatory) - 9/17/2019 6:03:11 PM
Zynga to Present at the Goldman Sachs Communacopia Conference Business Wire - 9/17/2019 9:00:00 AM
cattracker1   Friday, 06/01/18 01:40:19 PM
Re: None
Post # of 10296 
Taken From Seeking Alpha................
There is only one catalyst I can think of
As you probably know, the Federal ban on sports betting was overruled recently. British bookmakers like William Hill (OTCPK:WIMHF) will be looking to expand in the U.S. after this decision. The question is, who else might venture in the space?

While bookmaking is not the same as online poker, nevertheless ZNGA might attempt to venture in the space. Several years ago the company almost ventured into the real money games, so it might attempt again now that this time it would be legal.

And while we do not have any indication that the company might venture into sports betting, it is something that might be a catalyst and will give ZNGA shares a whole new spin.

Bottom line
I do not consider ZNGA's result such that warrant buying its shares at current prices. The company needs to increase profitability substantially to get my interest, and it does not seem that profitability will increase anytime soon.

Getting in the sports betting space might be a catalyst, but the company is still very far from making such a decision.

At the current valuation, and talking into account guidance, I will give the market the benefit of the doubt and say ZNGA shares trade at around fair value. But fair value is not a buy in my book.

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