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Stock impact report

A struggling gaming company tried to destroy its rivals by creating a fake website to solicit complaints: court documents [Business Insider]

Skillz Inc. Class A (SKLZ) 
The new court filing shines a light on the unsexy but brutal world of casino-style mobile games. A casino-style gaming company may have made the wrong bet. A new court filing accuses Skillz Inc. — a struggling mobile gaming company — of trying to sabotage its rivals by creating a fake consumer advocacy website. The website, called 4 Fair Play, encouraged people to file complaints with law enforcement agencies around the country, asking them to investigate Skillz's competitors, which develop similar games. The allegations were made in a counterclaim filed to court Monday by one of those competitors, Papaya Games. Papaya says 4 Fair Play was a fraudulent organization built by a consulting firm Skillz retained. While 4 Fair Play purported to "bring fairness to mobile gaming" by promoting "fair policies" and pushing state attorneys generals to investigate gaming companies, its true purpose was to target Skillz's rivals, Papaya alleges. 4FairPlay.org , the organization's website Show less Read more
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