In its most recent trading update, DoubleDown said operating costs of $128.6m included $71.5m of expenses associated with the Benson class action complaint. This is on top of the $150m accrued in the second quarter. IGT said the settlement agreement would add a $119.8m non-operating expense in the third quarter related to the incremental loss associated with the Benson case and related claims between IGT and DoubleDown and their respective subsidiaries and affiliates.

Subject to final court approval of the settlement of the Benson v DoubleDown Interactive LLC et al lawsuit, IGT and DoubleDown have also resolved all indemnification and other claims between themselves and their respective subsidiaries and affiliates relating to the case.

IGT said that under the terms of the settlement, all members of the class action who do not exclude themselves will release all claims relating to the subject matter of the lawsuit. IGT will contribute $269.8m and DoubleDown $145.25m into a $415m settlement fund. IGT and DoubleDown, which it sold to DoubleU Diamond in June 2017, have now announced that they will settle this lawsuit.

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