Know When to Fold 'Em: Zynga Nixes Real Money Gaming in U.S.

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The fallen-to-earth gaming company drops its efforts to navigate state gambling regulations, though it will keep looking overseas.

Earlier this year, Zynga laid its chips on the gambling table, eager to draw in new revenue from real-money gambling in the wake of layoffs, a fraying relationship with Facebook and its dearth of innovative games. Today, however, the once high-flying social game maker announced that it would end its real-money gaming pursuits in the U.S., AllThingsD reported.

Zynga said that it will continue running tests of gaming products in the UK while replanting its FarmVilles and renewing its CityVilles.

Image courtesy of Zynga