Firy Inc. announced that a U.S. District Court ordered Papaya Gaming to pay $719 million in disgorgement of unjust profits to Firy’s subsidiary, Skillz Platform Inc., plus approximately $10 million in attorney’s fees and costs. This post-trial judgment, entered by Judge Denise Cote on July 27, 2026, nearly triples the $420 million actual damages awarded by a jury in April 2026. The ruling resolves a false advertising lawsuit filed in 2024 alleging Papaya used bots to fake competition and misrepresent prize payouts between 2021 and 2024. While Firy intends to pursue full collection, it cautioned that recovery timing and amount are uncertain due to potential appeals. Firy Inc. operates as a global holding company with a portfolio including Skillz, a mobile gaming platform, RZR, a performance marketing firm, and Beamable, a game backend provider.
