• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

After 40 investors rejected Jeff Bezos’ Amazon pitch, his parents offered $245,573 of their retirement savings

2

China now makes up a record 40% of all global container exports—and it’s a sign Trump’s tariffs meant to punish Chinese firms have fallen flat

3

Billionaire Nike cofounder Phil Knight gives $1 billion to his alma mater: ‘This is no time to abandon’ higher education

1

After 40 investors rejected Jeff Bezos’ Amazon pitch, his parents offered $245,573 of their retirement savings

2

China now makes up a record 40% of all global container exports—and it’s a sign Trump’s tariffs meant to punish Chinese firms have fallen flat

3

Billionaire Nike cofounder Phil Knight gives $1 billion to his alma mater: ‘This is no time to abandon’ higher education

Zynga’s Pincus on mobile, gambling and over-paying

By
Dan Primack
Dan Primack
Down Arrow Button Icon
By
Dan Primack
Dan Primack
Down Arrow Button Icon
July 18, 2012, 1:41 PM ET
Google source logo
Add Fortune on Google for similar content.

FORTUNE — Zynga CEO Mark Pincus understands that investors want his company to improve its mobile revenue generation, but he thinks the pieces are in place for success.

Pincus, appearing at Fortune Brainstorm Tech in Aspen, says that Zynga (ZNGA) games initially thrived on social networks like Facebook (FB), because “that’s where people were hanging out.” Now that so many consumers are spending more time on smart-phones — particularly in North America — Zynga needs to follow the crowd.

“Mobile is definitely earlier-stage [than web], but we’re encouraged because all of you are holding smartphones in your hands, half of you are playing games today and we can all do in-app purchases,” Pincus told the audience. “All of the components are there.”

Pincus added that he already believes Zynga is the largest mobile gaming network, even though he acknowledges that the market is “fragmented.”

A couple other notes from the Pincus interview:

* Real money gaming: Zynga is seriously exploring “real-money” games, which is otherwise known as online gambling (perhaps via Zynga Poker). Such things are currently legal in places like the UK, but still illegal in the U.S. Pincus did not reject the prospect of Zynga joining a lobbying effort to change U.S> law, but said he would hope to advocate for more “mass market consumer-oriented, and less toward hardcore style gambling.”

* DrawSomething: When asked if Zynga had overpaid for Draw Something maker OMGPOP, Pincus said that Zynga did not make the purchase to boost short-term financials. “It’s too early to tell after one quarter.”

About the Author
By Dan Primack
See full bioRight Arrow Button Icon

Latest in


Most Popular

Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

    Latest in


    Most Popular

    © 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
    FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.