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IGT has announced it has resolved its patent dispute with Acres Manufacturing as of today (16 April).

While the terms of the settlement were not disclosed, all pending litigation between the two companies is now at an end.

The resolution was reached in the US District Court of Nevada and concerned IGT patents that allowed the use of a financial transaction device in a cashless betting system.  

The agreement also ends a separate case working its way through the Nevada State Court regarding a breach of contract claim.

Nick Khin, IGT COO Gaming, said: “IGT is pleased to reach a mutual agreement with Acres that resolves all disputes between us.

“This allows us to dedicate our collective resources where they are better served, driving continued innovation in the exciting and evolving cashless gaming space.”

IGT challenges Acres cashless wagering

The litigation dated to 2021 when IGT challenged Acres’ new Foundation casino management system for infringing four of its 200 cashless wagering patents.

The supplier also demanded royalties for alleged breaches, which Acres said would have dramatically increased the cost of the Foundation system for casinos.

Acres in response requested the US Patent and Trademark Office (USPTO) to conduct an examination of the four patents.

In November, the USPTO concluded its review, rejecting each of IGT’s claims against Acres.

Acres CEO John Acres added: “We are thrilled to put this matter behind us and work cooperatively with IGT to build exciting new gambling experiences that can increase both player enjoyment and casino profits.”

IGT lost a separate patent suit levied against mobile developer Zynga in October 2023, in a trial that examined whether the company’s mobile slot games infringed its IP.

The supplier is currently in the process of merging its Global Gaming and PlayDigital segments with Everi in a $6.2bn business combination.

The business’ lottery division will continue as a standalone pure play entity.

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