IGT and Acres to Resolve all Pending Litigation [Yahoo! Finance]
International Game Technology Ordinary Shares (IGT)
Last international game technology ordinary shares earnings: 3/3 06:45 am
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Source: Yahoo! Finance
Acres ("Acres") announced today that effective April 12, 2024, they have reached an agreement to resolve all legal disputes between the two companies. Terms of the settlement have not been announced. The resolution was reached in the United States District Court of Nevada, directed to United States patents that pertain to facilitating use of a financial transaction device in a cashless wagering system in a gaming system, and Nevada State Court directed to a breach of contract claims. "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," said Nick Khin , IGT COO Gaming. Adds John Acres , CEO of Acres, 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
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- International Game Technology PLC (NYSE: IGT) had its price target lowered by analysts at Truist Financial Co. from $28.00 to $26.00. They now have a "hold" rating on the stock.MarketBeat
- Casino Management Systems Market size worth $ 30.36 Billion, Globally, by 2031 at 15.5% CAGR – Report By Verified Market Research® [Yahoo! Finance]Yahoo! Finance
- Acres and IGT to Resolve all Pending LitigationPR Newswire
- IGT and Acres to Resolve all Pending LitigationPR Newswire
- International Game Technology PLC to Host First Quarter 2024 Results Conference Call on Tuesday, May 14, 2024PR Newswire