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Industry
November 13, 2024
ECA Unveils Supplier Partnership Initiative to Encourage Cooperation
The European Casino Association (ECA) has announced the creation of a new partnership that will foster collaboration between the association and gambling industry providers. Unveiled at the ECA Casino Industry Forum in Slovenia, the so-called ECA Strategic Supplier Partnership will encourage industry cooperation and dialogue with policymakers and industry stakeholders. The Partnership Will Encourage Industry […]
Business
November 13, 2024
L&W’s Q3 Remains Strong Despite Court Loss Against Aristocrat
Leading cross-platform game developer Light & Wonder has reported its Q3 financials, highlighting a strong balance sheet despite its court loss against Aristocrat. As the company’s surge continued, it recorded its 14th consecutive quarter of year-on-year growth. The Business Remained Strong According to its Q3 report, Light & Wonder recorded Q3 revenue of $817 million, […]
Legal
October 29, 2024
L&W Abandons Lawsuit Against Zeroo Gravity
Light & Wonder, a leading American provider of gambling products and services, was suing fellow developer Zeroo Gravity Games over alleged copyright infringement. The former company, however, has now dropped its claims, according to a report by NEXT.io. L&W May Have Reached an Agreement with Zeroo Gravity Light & Wonder dismissed the lawsuit on October […]
Legal
October 15, 2024
Aristocrat Reaches Settlement in IP Dispute with Former Employee
Amid the ongoing battle between Light & Wonder (L&W) and Aristocrat, the latter company settled an intellectual property lawsuit in Australia with one of its former employees who is also named in the legal challenge over L&W’s Dragon Train game. The Former Employee Agreed to Pay Financial Compensation Last week, Aristocrat confirmed that it reached […]
Business
October 9, 2024
Legal Battle Over ‘Dragon Train’ Could Cost Light & Wonder Up to $150M
Light & Wonder Inc. (L&W) could lose at least $50 million because of legal issues with its “Dragon Train” slot game, experts say. Aristocrat Halts L&W’s ‘Dragon Train’ Sales Amid Costly Lawsuit Aristocrat Technologies Inc. started a lawsuit saying L&W’s game copies parts of Aristocrat’s popular “Dragon Link” series. In September, Aristocrat won a court […]
Casino
October 7, 2024
L&W Developing New Legally Compliant Dragon Train Game
The lawsuit between two leading providers of gaming solutions, Light & Wonder (L&W) and Aristocrat Technologies, continues. In the legal battle, the latter company argued that the former misappropriated trade secrets and engaged in intellectual property theft when developing its Dragon Train game. The New Version of the Game Seeks to Ensure Compliance with a […]
Legal
October 2, 2024
Analysts Say Dragon Train Creator Quit Light & Wonder as Aristocrat’s Lawsuit Raged On
Emma Charles, the lead developer of the controversial Dragon Train game is no longer working for Light & Wonder, according to full-service investment banking and corporate banking specialist Truist Securities. As reported by NEXT.io, Truist said also that gambling provider might be consider replacing the game with another one following the recent preliminary injunction. Charles […]
Legal
September 27, 2024
Court Sides with Light & Wonder in Copyright Case Against Zero Gravity
Light & Wonder has won a reprieve in its legal tribulations, which have involved an ever-growing list of companies, including Aristocrat Technologies and Evolution. Light & Wonder wins legal battle against copycat game maker After losing a ruling over its Dragon Train game franchise in the United States against Aristocrat, Light & Wonder has now […]
Business
September 26, 2024
Analyst Stays Positive on L&W Despite Dragon Link Litigation
Earlier this week, the leading global provider of gaming solutions and equipment, Aristocrat Technologies, seized the initiative in its legal battle against Light & Wonder (L&W). This, however, wasn’t a major hit for the latter, based on its estimates with the exception being a dip in its shares. Macquarie Analyst Keeps Outperform Rating Still, despite […]
Legal
September 24, 2024
Aristocrat Seizes the Initiative in Legal Battle Against Light & Wonder
Aristocrat Technologies, a leading global provider of gaming solutions, achieved a significant legal victory in its ongoing lawsuit against Light & Wonder, with the United States District Court for the District of Nevada granting a preliminary injunction in Aristocrat’s favor. The legal dispute centers on allegations of intellectual property theft and the misappropriation of trade […]
