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US – MGT Gaming focus litigation against Aruze

By - 18 July 2014

MGT Gaming, Inc. a subsidiary of MGT Capital Investments, has made a strategic decision to focus its resources and litigation efforts against Aruze Gaming America, in the United States District Court for the Southern District of Mississippi (Jackson Division), in which MGT Gaming alleges infringement of U.S. Patent Nos. 7,892,088 and 8,500,554 by Aruze Gaming America’s products known by the trade names “Paradise Fishing” and “Amazon Fishing.” Accordingly, MGT Gaming has dismissed its lawsuits against WMS Gaming Inc.

MGT Gaming and WMS Gaming will file a joint motion to terminate the Inter Partes Review (IPR) with the United States Patent Trial and Appeal Board involving MGT Gaming’s U.S. Patent No. 7,892,088.

MGT Capital and its subsidiaries operate social and real money gaming sites online and in the mobile space, including ownership of the 4th largest daily fantasy sports wagering platform, www.DraftDay.com. The Company also offers games of skill through www.MGTplay.com and social casino games with SlotChamp(TM), and is building an online portal for fantasy sports news and commentary, www.FantasySportsLive.com. In addition, the Company owns intellectual property relating to slot machines and has asserted its claims via patent infringement lawsuits.

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