US court approves 'social casino' $415 million class settlement


FILE PHOTO: A screen displays the ticker symbol for International Game Technology PLC, (IGT) at the post where it is traded following it's launch on the floor of the New York Stock Exchange April 7, 2015. REUTERS/Brendan McDermid

(Reuters) - A U.S. judge on Thursday approved a $415 million class-action settlement resolving claims that online gaming companies DoubleDown Interactive LLC and International Game Technology PLC violated Washington state gambling laws and consumer protection provisions.

In his ruling, U.S. District Judge Robert Lasnik in Seattle federal court called the resolution "fair, reasonable, and adequate." He issued his final approval order after a hearing in the case, concluding more than four years of litigation.

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