MGM or LVS are better equipped to take advantage of a loosening of the internet gaming acts

But Zynga already operates the largest poker site in the world. They just need to add real money play and they're set.

Adding "real money" isn't as simple as it sounds. Internet gambling in the US, if it returns, will be highly regulated.

Zynga will team up with or aquire some already established company. http://www.pokerlistings.com/zynga-looks-to-acquire-real-mon...

Which just means that the regulations will be written for (and likely, by) the best-capitalized players in the market.

What's happening now is that all the old stalwarts in the poker world (Partypoker, PokerStars, and Full Tilt) are being sued by the federal government while, at the same time, the brick and mortar casinos and Indian tribes are ghostwriting gambling legislation to heavily favor themselves.

So, you're right, but it's an even shittier situation, because there already was an online poker marketplace, and it's being stolen from the original players in the industry.

Why?

If there is a loosening of internet gambling and gaming acts, I fully expect the process to be highly regulated. MGM and Las Vegas Sands are equipped to handle the gaming requirements, but more importantly they have a core gambling business to fall back on. ZNGA's core business is shaky.