LAS VEGAS (August 23, 2018) —Aristocrat Technologies (“Aristocrat”) and PlayAGS, Inc. (“AGS” or the “Company”) today announced that they 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 Technologies Inc. is a subsidiary of Aristocrat Leisure Limited (ASX:ALL), a leading global provider of land-based and online gaming solutions. The Company is licensed by more than 200 regulators and its products and services are available in more than 90 countries around the world. Aristocrat offers a diverse range of products and services, including electronic gaming machines and casino-management systems. For further information, visit the company’s website at www.aristocrat-us.com.
AGS is a global company focused on creating a diverse mix of entertaining gaming experiences for every kind of player. Our roots are firmly planted in the Class II Native American gaming market, but our customer-centric culture and remarkable growth have helped us branch out to become one of the most all-inclusive commercial gaming suppliers in the world. Powered by high-performing Class II and Class III slot products, an expansive table products portfolio, highly rated social casino, online real-money gaming solutions for players and operators, and best-in-class service, we offer an unmatched value proposition for our casino partners. Visit www.playags.com to learn more.