Rival slot company to pay Aristocrat subsidiary $3M to settle a lawsuit
Aristocrat Technologies said Monday its Video Gaming Technologies (VGT) subsidiary settled a lawsuit against a rival gaming company and will be paid $3 million.
The case against Virginia-based Castle Hill Gaming was filed in 2017, and concerned alleged infringements of certain VGT trademarks, trade dress and trade secrets.
Under terms of the agreement, Castle Hill will change out and no longer use the game titles New Money, Arctic Cash, Arctic Ice and Welcome to Nugget Mountain, along with any associated artwork and characters, and any variations of these games. Also, Castle Hill will remove and no longer use certain machine features and paytables, as well as paying VGT $3 million.
All relevant games and machines will be modified by next April.
“This settlement again confirms VGT’s (and Aristocrat’s) determination to protect our intellectual property, including VGT’s market-leading Class II portfolio,” Aristocrat President Hector Fernandez said in a statement. “We will continue to be proactive and aggressive in defending our assets going forward.”
In 2014, Aristocrat spent $1.3 billion to buy Tennessee-based VGT, a slot machine maker that provides games to the American Indian casino market.