see this link for an opinion
https://www.bing.com/search?q=settlement+of+the+DoubleDown+online+gaming+taxable&toWww=1&redig=EA951...
The $415 million settlement reached in the DoubleDown Interactive class action lawsuit is a significant development. Here are the key details:
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Nature of Settlement: DoubleDown Interactive, a game developer, agreed to pay $415 million to resolve claims that its casino mobile games violated Washington state’s gambling laws. The settlement benefits consumers who played games like DoubleDown Casino, DoubleDown Fort Knox, Dou...1.
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Tax Implications: Settlement payments are generally taxable unless they fall under specific exceptions. In this case, the settlement amount received from DoubleDown Interactive may be considered taxable income. It’s advisable to consult with a tax professional or accountant to determine the exact tax treatment based on your individual circumstances.
