Business for mobile-game company Zynga (NASDAQ:ZNGA) is booming more than ever. In 2020, the company generated nearly $2 billion in revenue — an all-time high. And the good times keep rolling in 2021, with revenue up another 64% through the first half of the year.
As great as Zynga’s results have been, other video game companies are also showing how powerful mobile games can be. In this video from Motley Fool Backstage Pass, recorded on Oct. 18, Fool analyst Sanmeet Deo and contributor Jon Quast talk about Pokémon Go and how this single game is roughly half the size of Zynga’s entire business.
Sanmeet Deo: Mobile gaming. So, the U.S. mobile gaming market exceeded $2 billion dollars in consumer spending in eight of the nine months of 2021 to date, including September. Average…
