Investor Alley Inc.

NASDAQ Stocks Sparking Investors Interest: (NASDAQ:ZNGA), (NYSE:BYD)


New York, NY -- (ReleaseWire) -- 02/11/2013 --Zynga, Inc. (NASDAQ:ZNGA) announced financial results for the fourth quarter and full year ended December 31, 2012.

"The biggest highlight of the quarter was seeing our team deliver a successful sequel in FarmVille2, a next generation social game that offers cutting edge 3-D experiences loved by millions of FarmVille fans," said Mark Pincus, CEO and Founder, Zynga.

Daily active users increased from 54 million in the fourth quarter of 2011 to 56 million in the fourth quarter of 2012, up 3% year-over-year. On a consecutive quarter basis, DAUs were down 6% from 60 million in the third quarter of 2012.

Zynga, Inc. is a United States-based company that provides online social game services.

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Wall Street Journal reports that as New Jersey moves closer to becoming one of the first states to legalize online gambling, investors are betting that casino operators like Boyd Gaming Corp. (NYSE:BYD) and Caesars Entertainment Corp. (CZR) will cash in on an untapped market.

"This would pave the way for casino operators in the state to offer all legal brick and mortar games online to anyone present in New Jersey," Janney Capital Markets analyst Brian McGill said in a note to clients.

Boyd Gaming Corporation (Boyd Gaming) is a multi-jurisdictional gaming company. The Company is an operator of 16 wholly owned gaming entertainment properties and one controlling interest in a limited liability company. It has gaming operations in Nevada, Illinois, Louisiana, Mississippi, Indiana and New Jersey.

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