Scientific Games Suing Rival Gtech
Monday May 9, 4:19 pm ET
Scientific Games Unit Charges Rival Lottery Equipment Maker Gtech With Patent Infringement
NEW YORK (AP) -- Lottery and betting equipment maker Scientific Games Corp. said Monday that its subsidiary Scientific Games Royalty Corp. is suing Gtech Holdings Corp., the world's largest operator of lottery systems, for patent infringement.
Scientific said Gtech's systems for the Rhode Island Lottery's Powerball Power Play and Keno Plus games violate its patents covering online lottery games that include an optional bonus wager. If a player who opts for the "bonus wager" wins a prize in the base game, the player's winnings get multiplied by a random amount.
The suit was filed in the Federal District Court in Delaware.
Scientific Games shares rose 39 cents to close at $21.73 on the Nasdaq, while shares of West Greenwich, R.I.-based Gtech climbed 22 cents to finish at $26.02 on the New York Stock Exchange.
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