In August, DoubleDown and former parent company International Game Technology (IGT) reached an agreement in principle to pay $415.0m to settle a class action complaint in Washington state.
The Benson v DoubleDown Interactive LLC et al lawsuit was filed in 2018, with plaintiffs who had lost money through the Washington-based group’s games claiming its range of social casino products that use virtual chips constitute illegal gambling enterprises under state law.
Read the full story on iGB North America.,
Original article: https://igamingbusiness.com/finance/full-year-results/doubledown-slips-to-loss-after-benson-settlement-and-impairment-costs/
