Federal court orders Papaya Gaming to pay $719M to Firy subsidiary in false advertising case

Skillz Inc.

• Court orders Papaya Gaming to pay $719M in disgorgement to Firy's subsidiary Skillz Platform Inc., plus attorney fees and costs.
• Judgment is $300M above the April jury award of $420M; court denied all of Papaya's post-trial motions.
• Evidence showed ~70% of $6.7B in advertised prize money ($4.7B) was never paid because bots won prizes.
• Papaya had over 13M bot participants vs. 11M real human players between 2021-2024.
• Company intends to pursue collection but no assurance on timing or amount due to possible appeal.