Zynga has acquired Rising Tide Games, a free-to-play social-casino-game company started by former Zynga and Playtika executives, GamesBeat has learned.
Black Diamond Casino from Rising Tide Games.
The startup is headed by Maytal Olsha, a former executive at Zynga who left last year, and casino slot game veteran Stuart Zoble. Zynga confirmed the acquisition via an exclusive with GamesBeat. The social casino game market will be about $3.5 billion worldwide in 2015, according to Eilers Research. It is expected to grow 16 percent to $4 billion in 2016.
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