More than 2 million people worldwide have signed a petition demanding Valve shut down its online gambling business after a court ruling that upheld its business model.
The online gambling giant also has faced growing scrutiny from consumer rights groups who say it’s using the game industry as a tool to monetize its games and has failed to protect users.
Valve said in a statement it was “extremely disappointed” by the ruling, adding that it’s working with the U.S. Attorney General to review the decision.
“The company will continue to be vigilant in its compliance with laws that govern online gambling and the gambling industry in general,” Valve said.
In addition to gambling, the company’s popular Steam online service allows users to buy virtual goods, including games, movies, and television shows.
Steam has been embroiled in legal battles with players who believe they’re being ripped off by online gambling companies.
The ruling, released Wednesday, said Valve is “firmly committed to enforcing the law, and will vigorously defend ourselves in court.”
In December, a judge dismissed a complaint from the Center for Responsible Gaming and Gaming, which accused Valve of misclassifying and lying about the games that its players had bought.
Valve has since sued the center, arguing that the center’s complaint was baseless.
Valve is a member of the World Wide Web Consortium, an international consortium of online gaming companies that are allowed to conduct business on the Internet, including online gambling.
A ruling from the U .
Court of Appeals for the District of Columbia Circuit, which heard the case, upheld the ruling and said Valve was acting within the law.
Valve had argued that the Center’s complaint “has no merit,” arguing that it lacked sufficient evidence to merit a legal challenge.
The court also said that the legal system would look into whether Valve had failed to comply with the federal law that governs online gambling in the United States.
The Center for Competitive Gaming, a nonprofit advocacy group that opposes online gambling, has filed an appeal of the ruling.
“Valve has a long history of being willing to do anything to get ahead,” Brett Kight, its president, said in an interview.
The decision “is a major blow to the gaming industry,” said Brett Sperling, president of the Center on Fair Game Access, an advocacy group.
“These rulings, in particular, don’t take the pressure off the gaming companies to make sure they comply with these laws.”
Valve’s online gambling division, Steam, was founded in 2004 by Gabe Newell, the creator of the popular video game Portal and a Valve employee.
Valve does not have an office in the District.
The company was founded by Marc Andreessen, the co-founder of Netscape Communications, in 1996.
It was acquired by Google in 2010.
Steam was sold to Microsoft in 2012 for $2.4 billion, and in 2018 was spun off into its own company, Steamboat.
Valve also sells virtual goods on Steam, which is the largest online gaming marketplace in the world.
Its games include Dota 2, a multiplayer online game popular with gamers of all ages, and Counter-Strike: Global Offensive, a game with a long-term strategy.
The games allow users to win real money or buy in-game items.
In June, the Department of Justice announced that it would investigate whether Valve violated antitrust laws by selling a popular game, Dota 2.
The Justice Department said that Valve had not adequately disclosed that its online games business was in fact a game.
The gaming giant was the subject of a recent lawsuit filed by the Center, which alleged that the company had illegally profited from the sale of virtual goods that it was not allowed to market on the open market.
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is also investigating the online gambling operation.
The government’s lawsuit was filed against Valve in August by a Washington, D.C., firm called the Washington Legal Foundation.
The foundation, which filed the lawsuit, is run by former federal prosecutor William F. McGinnis Jr., a former deputy U.N. ambassador who now serves as a partner at DLA Piper LLP.
In January, the government alleged that Valve, which was valued at more than $10 billion at the time of the purchase, violated the Sherman Antitrust Act, a 1977 law that protects companies that conduct business through interstate commerce.
In December 2015, the Justice Department filed a lawsuit against Valve, accusing it of conspiring with foreign governments to “facilitate the illegal, deceptive and manipulative conduct of its competitors.”
Valve said it was looking into the government’s complaint.
In a statement, the firm said that it had “no comment” and “is fully cooperating with the Department.”