Jackpot for IGT: DoubleU Games buys its social casino game studio Double Down for $825 million

Posted byby Dean Takahashi
April 17, 2017
Updated June 18, 2025
2 min

International Game Technology (IGT) announced today it is selling Double Down Interactive to South Korea’s DoubleU Games for $825 million. The deal is part of a new strategic partnership in social casino games between the two companies.

It’s a good deal for IGT, which is the world’s largest slot machine maker. It paid $500 million in 2012 to buy Double Down Interactive, which at the time had just 70 employees but was on the leading edge of the explosion in demand for social casino games on Facebook.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.