Light & Wonder to pay Aristocrat $127.5m in IP case

Light & Wonder will permanently cease global distribution of Dragon Train and Jewel of the Dragon under the settlement.

Australia.- Aristocrat Leisure and Light & Wonder has settled their legal battle in Australia and the US, resolving allegations that Light & Wonder misused Aristocrat’s trade secrets and copyrighted material while developing its Dragon Train and Jewel of the Dragon games.

The settlement will see Light & Wonder pay Aristocrat US$127.5m and acknowledge that it used certain Aristocrat mathematical data in developing Dragon Train and Jewel of the Dragon. It will also permanently cease global distribution of the games and work to remove existing installations.

Additionally, Light & Wonder has agreed to refrain from using the disputed mathematical information or copyrighted and will permanently destroy all documents containing that information. The companies agreed to confidential procedures to identify and resolve any issues related to Aristocrat math in Light & Wonder’s existing and future hold-and-spin games.

Trevor Croker, Aristocrat CEO said: “We welcome this positive outcome, which includes significant financial compensation and follows the decisive action we took to ensure the preservation of Aristocrat’s valuable intellectual property assets.”

Matt Wilson, CEO of Light & Wonder added: “This settlement protects the interests of our customers, employees, and shareholders, and allows us to continue our focus on developing and delivering the market-leading content our customers expect.”

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Light & Wonder will permanently cease global distribution of Dragon Train and Jewel of the Dragon under the settlement. Australia.- Aristocrat Leisure and Light & Wonder has settled their legal…