Aristocrat Technologies’ Video Gaming Technologies (VGT) has settled a trademark infringement lawsuit with Virginia-based Castle Hill Gaming for $3 million that will be paid to VGT. Aristocrat bought VGT in 2014.
The 2017 lawsuit concerned alleged infringement of VGT trademarks, trade dress and trade secrets. Under the settlement Castle Hill will no longer use the game titles New Money, Arctic Cash, Arctic Ice and Welcome to Nugget Mountain, or certain machine features and paytables. It will also pay VGT $3 million.
Aristocrat President Hector Fernandez issued this statement, “We will continue to be proactive and aggressive in defending our assets going forward.”
