Gaming content provider Genesis Gaming has resolved two patent infringement lawsuits with Ameranth.
In a statement, the two companies said that they had reached a “mutually acceptable resolution of two patent infringement lawsuits pending in US Federal Court in the Central District of California involving Ameranth’s US Patent Nos. 7,431,650, 7,878,909 and 8,393,969 and Genesis’s Bravo product line”.
As part of the settlement, the terms of which were not fully disclosed, Genesis and Ameranth have agreed to dismiss their respective claim in the two lawsuits.
In addition, Ameranth has granted Genesis and its casino customers a long-term licence and covenant.
“We are very pleased to have resolved our long dispute with Ameranth,” Genesis president Randy Knust said.
“We believe this settlement is really good news for Genesis and our current and future casino customers.
“By removing the uncertainty of legal reviews and prolonged court actions, it allows us to focus on growing our business and expanding our product line.”
Keith McNally, president of Ameranth, added: “Looking forward, we will fully support the Genesis Bravo product line in the gaming/poker room market.
“Backed by our patents and our intellectual property, and with the breadth, depth and excellence of their product line, we believe Genesis offers the very best near- and long-term choice for casinos and poker rooms worldwide.”
source : www.igamingbusiness.com
