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DoubleDown owner DoubleU hits back at Washington lawsuit

Seoul-listed DoubleU Games has refuted claims that it offers illegal gambling products via its DoubleDown Interactive social casino subsidiary.

The company is one of several social casino operators facing a lawsuit in Washington state following a decision by the Ninth Circuit of the US Court of Appeals in March, which found that certain [...]

1 min read

Strong Q2 for DoubleU Games as DoubleDown contributes to growth

Seoul-listed DoubleU Games has reported a 61 per cent increase in revenue to KRW61.38bn (€45.9m) for the second quarter of 2017, boosted by the first contribution from its newly acquired social casino business DoubleDown Interactive.

1 min read

IGT agrees $825m DoubleDown sale to Korea’s DoubleU Games

New York-listed International Game Technology (IGT) has agreed to sell its social casino subsidiary DoubleDown Interactive to South Korea's DoubleU Games for USD$825m.

The agreement also establishes a multi-year strategic partnership between IGT and DoubleU, allowing the South Korean studio to offer IGT's casino games portfolio across its free-to-play properties in return for [...]

1 min read
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