Laurence “Lo” Toney, general manager responsible for poker offering at online social gaming giant Zynga Inc, put on his LinkedIn profile that he has left the struggling company whose share price dropped 70 percent recently.
Tony was a strong proponent of real money gambling but his departure came as the company has been talking up real-money gambling as a growth opportunity worth billions of dollars in annual revenue. Actually, Mark Pincus, Zynga CEO, said the company will launch real money gambling outside the United States early in 2013.
Besides Toney, the list of Zynga’s senior departures also includes creative chief Mike Verdu, marketing manager Jeff Karp, COO John Schappert and general manager Alan Patmore.