Social gaming giant Zynga has reported a 36 per cent drop in revenue to $168.0m for the first quarter of 2014, despite a solid performance from its casino franchise which saw a double-digit increase in bookings for the first time in nearly two years.
Despite the year-on-year decline in revenue, the company’s results were ahead of its previous forecast of between $155m to $165m. Bookings fell by 30 per cent to $161.4m, but were up 10 [...]
