✉news TechnologySemiconductors first seen 5 h ago, last 17 min ago, peak #4
Playstudios settles class action over virtual casino chips
Original: Social casino operator Playstudios resolves class action over virtual chips
Social casino games developer Playstudios has resolved a class action lawsuit concerning its sale of virtual chips, according to industry outlet CDC Gaming. The suit targeted the company's practice of selling in-game currency in free-to-play casino-style games, a model that has drawn repeated legal challenges across the social casino industry. Details of the settlement terms were not disclosed.
Why now: The settlement is notable because it touches on wider legal uncertainty around whether virtual chip sales in social casino games count as illegal gambling.
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