A federal judge in Alabama has issued a final ruling approving a $5 million class action settlement against Sciplay Corp. The legal proceedings centered on the company’s sale of virtual chips within its social casino gaming applications, a business practice that plaintiffs alleged constituted unlawful gambling operations.
Core Allegations and Settlement Terms
The lawsuit targeted the fundamental revenue model of Sciplay’s popular casino-style games, including Jackpot Party Casino, Gold Fish Casino, and Monopoly Slots. Plaintiffs contended that the company’s practice of selling virtual gaming chips violated state gambling statutes. While Sciplay maintained its position of having committed no wrongdoing, company officials agreed to the settlement to avoid the expense and uncertainty of prolonged litigation.
Eligible players from five specific states will receive compensation under the following conditions:
* Alabama residents who played between August 2022 and August 2025
* Players from Ohio, New Jersey, Massachusetts, and Tennessee, with varying claim periods all extending through August 2025
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The deadline for cash payment requests has now passed. Claimants who did not submit payment applications will automatically receive virtual currency credits distributed over the next two to five years.
Corporate Evolution: From Public Listing to Acquisition
The resolution of this legal matter comes amid significant corporate changes for the gaming developer. Discussion of Sciplay as a standalone stock has become purely academic since Light & Wonder completed its full acquisition of the company in October 2023. The parent corporation purchased the remaining 17% stake for $22.95 per share, subsequently delisting Sciplay from the Nasdaq exchange.
This transition marks the definitive conclusion to Sciplay’s chapter as a publicly traded entity. Current developments no longer involve share price movements but rather address legal liabilities inherited from its previous operations. The case raises broader questions about potential regulatory challenges facing the entire social gaming sector as legal scrutiny intensifies around virtual item monetization strategies.
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