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[KH Explains] Why Nexon shines alone in Q2

Nexon has come out on top in second quarter earnings among major Korean game developers, becoming the only company to post on-year growth in both sales and operating profits during the period. Nexon on Wednesday reported 902.8 billion won ($685.3 million) in sales and 264 billion won in operating profit in the April-to-June period, up 12 percent and 22 percent on year, respectively. The game maker thrived in the seco...
Rowen Mahoney Doubleu Games Kakao Games Kan Hyeong Woo The Korea Herald Orean News

Apple hit with another lawsuit claiming it benefits from illegal gambling apps - General Discussion Discussions on AppleInsider Forums

Credit: Apple The complaint, lodged in the U.S. District Court for the Northern District of California on Tuesday, specifically names casino apps developed by DoubleU Games Co. It alleges that the apps constitute illegal gambling pursuant to various state laws. More specifically, the lawsuit claims that Apple operates as an "unlicensed casino" by permitting and facilitating illegal gambling. It takes issue with free-to-play casino games, which use in-game currency in lieu of actual money. Howev...
United States Joshua Mcdonald Michael Helsel Us District Court Doubleu Games Co Northern District

Apple Receives Another Consumer Complaint Over Illegal Gambling Apps

Tech your username 4 days ago Two plaintiffs, adult residents of Oregon and Alabama, have filed a class-action suit against Apple Inc., accusing it of facilitating illegal gambling by operating as an unlicensed casino. According to Tuesday’s filing, the casino-style games developed by DoubleU Games Co. Ltd., and distributed through Apple’s App Store, constitute illegal gambling pursuant to 25 states’ laws. The Northern District of California complaint explained that DoubleU’s games gene...
United States Pearson Simon Warshaw Tycko Zavareei Apple Inc Doubleu Games Co Apple App

Apple hit with another lawsuit claiming it benefits from illegal gambling apps

  Apple has been hit with another class action lawsuit claiming that it profits from illegal gambling apps on the App Store. The complaint, lodged in the U.S. District Court for the Northern District of California on Tuesday, specifically names casino apps developed by DoubleU Games Co. It alleges that the apps constitute illegal gambling pursuant to various state laws. More specifically, the lawsuit claims that Apple operates as an "unlicensed casino" by permitting and facilitating illegal ga...
United States Joshua Mcdonald Michael Helsel Us District Court Doubleu Games Co Northern District

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Google Sued Over DoubleU Games' Illegal Gambling Games, Following Similar Suit Over Zynga's Games

Tech your username March 8, 2021 On Friday, a consumer filed a class-action complaint against Google, LLC and Google Payment Corp. in the Northern District of California for allegedly “profiting from illegal gambling games developed by DoubleU Games Co., Ltd. and offered, sold, and distributed by Google through its Google Play Store for consumers to download and play.” This lawsuit parallels a lawsuit against Google over Zynga’s gambling games. The plaintiff averred that Google �...
United States Simon Warshaw Tycko Zavareei Google Payment Corp Doubleu Games Co Ltd Google Play

DoubleDown Interactive lays off 55 employees at Seattle office following delayed IPO

DoubleDown Interactive lays off 55 employees at Seattle office following delayed IPO January 8, 2021 at 12:41 pm Casual game maker DoubleDown Interactive this week laid off 55 employees at its Seattle office. The company said the cuts mostly affected engineering and product development functions. They were made as DoubleDown moves development resources to its Seoul, South Korea headquarters location. The Seattle office serves as the company’s main U.S. engineering center and employed 149 peop...
Soult Ukpyolsi South Korea Joe Sigrist Keuk Kim Las Vegas Doubledown Seattle

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