This story was published more than 1 year ago.
Australian betting giant Aristocrat Leisure has announced that they've settled a lawsuit related to US customers who bought digital chips for social casino games, agreeing to pay back $31 million.
The case relates to Aristocrat subsidiary Big Fish Gaming's social casinos, wherein players pay money for virtual chips to play casino games in which they have no chance of winning cash or other prizes. Despite the idiocy of the players, a court in Washington State ruled that Big Fish's virtual chips constituted illegal gambling and players filed class-action suits soon after.
Under the terms of the settlement, Aristocrat will pay $31 million to resolve the case, while Big Fish's previous owner Churchill Downs Incorporated will pay $124 million.
Somehow, there are two documented cases of punters losing $1,000 and $3,000 to the casino games.
While the payout is sizable, digital games are big business for Aristocrat, who said that they've brought in over $1 billion through the games in the first half of the year. To put that in perspective, Aristocrat said that the money is almost equal to their poker machine vertical.
There are no reports on whether those who will receive the money are going to be investing in buying the Brooklyn Bridge or whether they'll secure online love from a Nigerian prince looking to gift their million-dollar fortune.