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 ongoing royalties.

Premium subscribers continue here to the full article.

Related