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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 related to its sale of virtual chips in its free-to-play casino games. The case is part of a wider legal scrutiny of social casino operators, who face claims that selling virtual chips that cannot be redeemed for real money constitutes illegal gambling in some jurisdictions. Terms of the settlement were not disclosed in initial reports.

Why now: The settlement touches on the ongoing legal debate over whether social casino games amount to gambling.

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