Aristocrat-owned betting firm Video Gaming Technologies has announced that they've come to a $3 million settlement with Castle Hill Gaming to settle different intellectual and copyright claims.
aThe case was initially filed in court in 2017 and saw VGT suing Castle Hill over using their trade secrets and trademarks. The case has been ongoing ever since, but the settlement will see the CHG paying a large $3 million sum to VGT as well as no longer using game titles like Arctic Cash, Arctic Ice, and more. The company will also cease to use specific paytables and features.
Under the terms of the settlement, Castle Hill has until April 1st of 2020 to ensure compliance.
Speaking about the settlement Aristocrat's Hector Fernandez noted: "This settlement again confirms VGT's (and Aristocrat's) determination to protect our intellectual property, including VGT's market-leading Class II portfolio.
"We will continue to be proactive and aggressive in defending our assets going forward."
Comments
Aristocrat must have had them dead to rights if they're paying out that much money AND meeting all demands. I wonder how much Aristocrat was actually seeking in damages.
sharpe
Obviously it's a case of pirating and from Aristocrat they probably quite happy of winning the court battle even after a couple of years but a ban of using the word Arctic...!?...that seems a bit too much for me...even I'm not sure if I've broke a rule just now..😀