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Zynga lost poker executive after decreasing revenue predictions

Written By: Maya Michaels | October 14, 2012 | Posted In Poker News

Zynga Incorporated, an American social and media gaming firm, has now lost the man in charge of launching a new real-money poker game less than a week after decreasing its full-year revenues and earnings predictions.

Laurence ‘Lo’ Toney has resigned as Zynga Poker’s General Manager after joining in March of 2010 to assist in its entry into the real-money gambling sector.

The developer of the FarmVille and Words With Friends social and mobile Facebook games experienced something of an exodus of senior staff with last month finding Jeff Karp stand down as the firm’s Chief Marketing and Revenue Officer while Allan Leinwand resigned as its Chief Technology Officer.

These resignations had been preceded by John Schappert leaving as Chief Operating Officer to be replaced by Maytal Ginzburg Olsha while earlier exits included Mike Verdu as Zynga’s Chief Creative Officer, the General Manager for Zynga’s CityVille division, Alan Patmore, alongside Bill Mooney resigning as FarmVille General Manager.

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