Tag Archives: DoubleU

IGT concludes $850 million sale of Double Down social gaming division

IGT sheds Italian weight offloading Lottomatica B2C units to Gamenet SPA

Updating the market, New York-listed IGT Group Plc has confirmed that it has concluded its $825 million sale of social games/gambling division Double Down Interactive to Korean games developer DoubleU Games Studio. The deal was first announced last April, with IGT governance detailing that the final sales figure represented a value of ‘10.5 x on Double Down full-year 2016’s adjusted …

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