iGaming Business – Nick Batram, leisure analyst at KBC Peel Hunt, has told iGaming Business that investors should “tread warily” in the social gaming sector. Speaking after news emerged that mobile games developer King had filed documents for an initial public offering (IPO) in the US, Batram cited the examples of mobile games developers Zynga and Zatikka in explaining why the sector does not guarantee a positive return on investment. “There is a lot of money being invested in social gaming and there is no guarantee of success. Indeed the investment that ‘hard’ gaming companies have made has not delivered...