It also acquired intellectual property licenses
Shuffle Master settles litigation and secures key Internet rights
2010-12-28
Reading time 24 seg
"This agreement will eliminate some outstanding litigation and related future legal expenses as well as expand our table game intellectual property rights," stated David Lopez, interim CEO.
In a separate agreement, Shuffle Master acquired from Prime Table Games licenses to the "Three Card Poker" internet rights in the British Isles for us$ 1.5 million. The acquired internet rights include internet gambling and gambling via cell phones, in addition to certain social media uses such as play-for-fun applications on the internet.
"This acquisition will help us build a stronger international and internet presence with our best known and most successful brand, Three Card Poker," Lopez added.
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