Doubledown interactive announces agreement in principle to settle legal proceedings related to the benson class action

Seattle, aug. 29, 2022 (globe newswire) -- doubledown interactive co., ltd. (nasdaq: ddi) (“doubledown” or the “company”), a leading developer and publisher of digital social casino games, and international game technology plc (nyse: igt) (“igt”), today announced an agreement in principle to settle the benson v. doubledown interactive llc, et. al. lawsuit and associated proceedings (the “benson matters”). igt completed the sale of doubledown interactive llc (“ddi”), the operator of social gaming business, doubledown casino, to doubleu diamond llc, a subsidiary of doubledown, in june 2017. the agreement in principle, entered into by certain subsidiaries of igt and doubledown, remains contingent on final court approval by the u.s. federal district court for the western district of washington.
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