This story was published more than 1 year ago.
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."