Tag Archives: Litigation
US – GC2 to trade 30 digital games in litigation settlement with IGT
International Game Technology has agreed to a litigation settlement with game content developer GC2 Incorporated resolving all disputes between the parties related to their lawsuit in US District Court for the Northern District of Illinois. The case involved copyright infringement and intellectual property licensing rights related to some of the gaming industry’s most successful products…
US – Elaine Wynn demands a completely new Board of Directors at Wynn Resorts
Steve Wynn’s ex-wife, Elaine Wynn, now the biggest shareholder in Wynn Resorts, wants the company to completely overhaul the structure of its board. Ms. Wynn said she was focused both on maximising the company’s value and on ‘fully restoring its reputation and in transforming it into a corporate-governance leader.’ She wants shareholders to nominate new…
US – MGT and Aruze settle over Fishing dispute
MGT Gaming, subsidiary of MGT Capital Investments, has announced that it and Aruze Gaming America along with Aruze affiliates have settled their litigation and will end all related proceedings in the United States Patent and Trademark Office. The pending litigation in the United States District Court for the Southern District of Mississippi (Jackson Division), in…
China – Amax sues over Greek Mythology’s lack of accounting
Macau junket operator Amax International Holdings is taking court action against Greek Mythology (Macau) Entertainment Group, saying it has failed to produce its annual accounts to shareholders. Amax International announced to the Hong Kong Stock Exchange that it wants to see Greek Mythology’s management accounts for 2013 within 60 days. Amax owns 24.8 per cent…
US – Drunk player sues Downtown Grand over gambling debts
Las Vegas’ newest casino; The Downtown Grand, has found itself at the centre of a litigation case that has generated headlines all over the world but could yet see its licence revoked. Californian businessman Mark Johnston is suing the casino after it granted him credit whilst drunk, helping him amass gambling losses of US$500,000. Mr…
