Zynga ranks th among Games sites. Zynga Inc. The game, however, is designed to appeal to poor players in order to keep them coming back. In summary, play money poker is allowed as it is not gambling and that is what Zynga offers and Poker Stars etc offer real money poker which is illegal.
Is Zynga Overvalued? In the first quarter of , social gaming platform Zynga reported million monthly active users of its mobile gaming portfolio…. Frank Gibeau, CEO of San Francisco-based Zynga, said in an interview with GamesBeat that the company will also pay an earnout, or bonus, over three years if Gram Games hits unspecified financial targets.
Every day, approximately million hands are dealt in Zynga Poker, which is more than ten times as many hands as are dealt on an average day in Las Vegas. The Complainant submits the grounds for these proceedings are listed in paragraph 4 a of the Policy. The Complainant submits that it has achieved common law rights in the mark ZYNGA by the Complainant's extensive use of the mark since and the secondary meaning it has acquired in the marketplace. Furthermore the Complainant owns a federal trademark registration for the mark ZYNGA and design in International Class 9 for downloadable computer game software for use on wireless devices and computers and International Class 41 for entertainment services, namely, providing online computer games as evidenced in Annex G to the Complaint.
The Complainant submits that the disputed domain name is confusingly similar to the Complainant's registered trademark and contains the mark in its entirety. The Complainant asserts that the Respondent has no rights or legitimate interests in the disputed domain name. The Respondent is not commonly known by the disputed domain name and the Complainant has not authorized or granted a license to the Respondent to use the mark. The Complainant contends the Respondent has never used, nor is preparing to use, the disputed domain name in connection with a bona fide offering of goods or services.
The Complainant avers that the Respondent was well aware of the Complainant's goodwill and that the mark ZYNGA is recognised and relied on by online gaming consumers globally. Therefore, the Respondent registered the disputed domain name primarily for the purpose of disrupting the Complainant's business by intentionally attempting to attract, for commercial gain, Internet users searching for the Complainant's website by creating a likelihood of confusion with the Complainant's mark as to the source, sponsorship, affiliation, or endorsement of the Respondent's website or location or of a product or service offered on such website.
The Complainant contends that registering a domain name knowing it reflects someone else's trademark without good reason is bad faith registration. It is submitted that the Respondent acted in bad faith as it knew at the time of registration that it could not make legitimate commercial use of a domain name incorporating a famous mark without infringing the trademark owner's rights. The Complainant contends that the Respondent registered the disputed domain name in order to prevent the Complainant, as the owner of the trademark or service mark, from reflecting the mark in a corresponding domain name.
The Respondent did not reply to the Complainant's contentions, however there was certain correspondence between the parties prior to these proceedings. Within the e-mail Nicu admitted he made a mistake and expressed his regret. The Respondent did not reply or otherwise contact the Complainant following the June 16, email. Evidence of the e-mail chain is submitted at Annex L to the Complaint.
Other than this communication the Respondent did not file a Response to the Complaint. Pursuant to paragraph 5 e of the Rules, if a respondent does not submit a response, in the absence of exceptional circumstances, the panel shall decide the dispute based upon the complaint. However, failure to respond in a Policy proceeding does not constitute an admission of any pleaded matter. The Panel will proceed to evaluate the Complainant's evidence and his own examination of the Respondent's website against the requirements of paragraph 4 a of the Policy, Stanworth Development Limited v.
However, Zynga currently owns about 2. Should Zynga successfully execute on its acquisition strategy to grow its market share and continue developing its portfolio of games, its top line will likely continue growing at a rapid pace. This article is general in nature. It does not constitute a recommendation to buy or sell any stock and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
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