Draw Something 2, the sequel to the once-popular game that Zynga picked up last year in its $180 million acquisition of Omgpop, was released Wednesday, representing the company's best hope of offsetting declines in revenue and the number of people playing its games. Zynga forecast its second-quarter revenue would be $225 million to $235 million, less than Bloomberg's average analyst estimate of $260.1 million. While FarmVille 2 is a success, CEO Mark Pincus said, the company is shutting down four games on the Tencent social network in China.

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