International Gaming Technology (IGT) is set to sell its DoubleDown social casino to DoubleU Gaming for $825 million. The acquisition also includes an extended strategic partnership between the two social casino giants. The deal is a very positive move for IGT, which acquired the DoubleDown Social Casino from its Seattle founders for $500 million in…
DoubleDown Casino won a big legal victory recently when an Illinois judge tossed out a class action lawsuit filed against the company by a disgruntled customer. The move constitutes a big win for the social gaming industry. The lawsuit in question was filed by an Illinois resident named Margo Phillips. Phillips, who lost more than…
Any International Gaming Technology (IGT) employee who thought the company's nearly half billion dollar purchase of DoubleDown Interactive was a bad idea is probably enjoying some nicely prepared crow for lunch today. That's because the social casino is fueling triple digit revenue growth for the gaming giant. According to IGT's Q4 revenue report, as reported…
