American software group IGT and its former subsidiary DoubleDown Interactive revealed that they're settling a class action lawsuit against the companies in the state of Washington, agreeing to pay out $415 million.
The case was brought against DoubleDown by plaintiffs who lost money through the company's social casino, alleging that the app constituted illegal gambling under Washington law. The plaintiffs cited the Washington Recovery of Money Lost at Gambling Act, the Washington Consumer Protection Act, and various assertions of unjust enrichment on the part of DoubleDown to validate their claims.
IGT owned DoubleDown until it sold the company in 2017 to group DoubleU Diamond. The lawsuit itself was filed in 2018 by Mary Simonson and Adrienne Benson. As it was party to the lawsuit, IGT will pay $269.8 million of the total, while DoubleDown will pay $145.25 million.
The settlement of the case is subject to approval by the court overseeing the case.
Casino Listings News will update this story as appropriate.
Comments
Wow, being stupid continues to pay off. Seriously... social casinos have zero chance of you cashing out. How're you going to get money back from the companies in a lawsuit? Completely bananas to me.