Aristocrat Technologies and PlayAGS Inc have mutually agreed to resolve all claims associated with the lawsuit Aristocrat filed in March 2018 in regards to the Buffalo game series. In connection with the settlement, AGS has agreed to assign certain trademarks and trade dress rights to Aristocrat. All remaining terms of the settlement are confidential.
“We are pleased to have resolved this case with a positive outcome that we believe protects Aristocrat’s market topping Buffalo brand, as well as the Buffalo franchise and associated intellectual property,” said Aristocrat’s managing director of the Americas Matt Wilson. Our brand assets and intellectual property are core to Aristocrat’s business, and we will continue to defend them vigorously going forward.”
AGS executive vice president Matt Reback said: “We are pleased to have worked cooperatively with the Aristocrat team to quickly resolve the situation in a fair and equitable manner.”
Aristocrat, in other news, has been named a finalist in the Innovation Category of the upcoming Las Vegas Global Economic Alliance’s (LVGEA) 2018 Annual Awards. “We are thrilled and honored to be named a finalist in the LVGEA Awards, particularly in the Innovation Category,” said Wilson. “While our corporate headquarters are in Sydney, Las Vegas is our adopted home.”
The Annual Awards takes place on September 20, in the Mariposa Ballroom at Aria Resort & Casino in Las Vegas and will celebrate LVGEA’s core values of innovation, leadership, partnership and jobs.