Updated on March 5 to more accurately reflect Mattrick's comments at the Morgan Stanley conference and included Mattrick's quote on the matter.
NEW YORK (TheStreet) -- Zynga ZNGA hit a one-year high of $5.74 on Tuesday after CEO Don Mattrick announced the social gaming company's plans for the near future.
Mattrick spoke at a Morgan Stanley conference and said the following when asked about Zynga's plan for real money gaming:
"...Early on when I joined, I asked the team, tell me the size of the market and poker on Facebook, on mobile devices, tell me our share, tell me what's happening in the competitive landscape, why are we not investing more in this rapidly growing global business that has lots of profit, lots of consumers out in front of us. So, the first thing that we're doing is really focusing in on our core expertise and capability and getting to effective execution against that.
"In relation to real money gaming and other ways to engage consumers, we have shared that we will be doing pilots in different geos in the world, we're not at a stage where we're announcing anything. When we're announcing, I'm trying to announce it with the intent to win and to make it global and to make it meaningful to our P&L."
He also said users should expect new mobile versions of FarmVille, Words With Friends and Zynga Poker by the summer.
Reuters reported on Monday that Zynga would kick off a soft launch of new mobile versions of FarmVille 2: Country Escape, Zynga Poker and Words With Friends in undisclosed markets on iOS and Android phones and tablets by the end of March before an official release by the end of June.