INTERNATIONAL GAME TECHNOLOGY PLC ANNOUNCES AGREEMENT IN PRINCIPLE TO SETTLE LEGAL PROCEEDINGS RELATED TO BENSON V. DOUBLE DOWN INTERACTIVE LLC
LONDON, Aug. 29, 2022 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE:IGT) and DoubleDown Interactive Co., Ltd. (NASDAQ:DDI) ("DoubleDown") 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 W
