International Gaming Technology vs. Aristocrat Leisure Legal Battle Ensues
G'day Yankies, Aussies, punters, casino and gambling millionaires, billionaires, legal eagles, journos, politicians - one and all. The Australian VS American casino wars escalate once again. While many details of America's IGT (International Gaming Technology) VS Australia's Aristocrat Leisure legal situation remain sketchy, both companies remain in the spotlight, domestically and internationally, and remarkably Aristocrat's shares have continued to climb in the past few days. 'The Crat' is also gearing up for a massive national and international gaming expo itinerary, that should see them power ahead, if they can hold off potentially very expensive legal proceedings. Media Man http://www.mediamanint.com continue to apply the probe to Aristocrat and IGT, with just a dash of Party and WMS for good measure...
Background On IGT And Aristocrat Leisure...
Readers will likely be family with both companies. IGT is widely considered the original and the best, and in recent years has expanded their online gaming arm known WagerWorks. Many of the world's leading online casinos such as PartyGaming's PartyCasino and Richard Branson's Virgin Casino carry the WagerWorks online games. Some of the most popular titles include Cleopatra, Monopoly, Wheel Of Fortune, Double Diamond, Elvis, Battle Ship and Da Vinci Diamonds, with Cleo holding the world's most popular online and offline slot of all time. The gambling and gaming industry is known for its copy cats, trademark infringements and massive law suits, with "legal eagles" know to be very fond of the sector and its substantial payout jackpots! This lawsuit situation between IGT and Aristocrat follows a long line of legal actions in gambling including PartyGaming VS WMS, Marvel Entertainment VS Cryptologic, Michael Jackson Estate VS "Michael Jackson Casino", Majestic Star Casino LLC VS "Majestic Star Casino" (online) and Vegas Pinnacle Entertainment VS Eskay SEO ("Belterra Casino Indiana") Media Man's http://www.mediamanint.com Greg Tingle offered the following "The latest lawsuit from IGT against Australia's Aristocrat Leisure is not a surprise in my opinion. It's been a long time coming, with both parties being able to come to a mutually beneficial settlement to date. IGT is largely considered the world's most successful gaming machine manufacture, and some would say the original and best, of the modern era. Australia's Aristocrat has come under some substantial financial pressure in recent years, and this lawsuit action may very well add to this. The land based and online gambling community, legal and government sectors will be watching this one closely. My money is on IGT to win, but stranger things have happened. May the best brand win."
Share Prices: IGT VS Aristocrat (19th January 2010)...
International Gaming Technology
IGT: NYSE: IGT $18.75 USD -0.05 (-0.27%)
Aristocrat Leisure: 3.040: ASX (Australia Securities Exchange)
WMS: NYSE: $46.45; Change is 0.71 (1.51%)
Australian Gaming Shares Pick Of The Bunch: Aristocrat Leisure! (Hell Freezes Over)..
The best performing stock in the S&P/ASX200 was Aristocrat Leisure shares advanced 3.33% to close at $3.10.
Aristocrat Technologies Australia To Hit National And International Trade Show Circuit Big Time This Year; Positive Exposure May Boost Sales And Positive Buzz...
Trade Show - Date - Venue...
IGE 25 Jan 11 - 27 Jan 11 Earls Court, London, UK
Club Managers Association Australia (CMAA) Trade Show 28 Feb 11 - 02 Mar 11 Sydney, NSW, Australia
Hospitality & Gaming Australiasia (HGA) show 16 Mar 11 - 17 Mar 11 Gold Coast, QLD, Australia
National Indian Gaming Association (NIGA) 03 Apr 11 - 06 Apr 11 San Diego, CA, USA
Southern Gaming Summit 04 May 11 - 05 May 11 Biloxi, MS, USA
Great Plains Indian Gaming Show 16 May 11 - 18 May 11 Mystic Lake, Minnesota
Gaming Technology Summit 24 May 11 - 25 May 11 Henderson, NV, Las Vegas
G2E Asia 07 Jun 11 - 09 Jun 11 The Venetian, Macau
SAGSE – Panama City 22 Jun 11 - 23 Jun 11 Panama City, Panama
Australasian Gaming Expo (AGE) 21 Aug 11 - 23 Aug 11 Sydney, NSW, Australia
Oasis Summit 07 Sep 11 - 09 Sep 11 Las Vegas, Nevada
Global Gaming Expo (G2E) 04 Oct 11 - 06 Oct 11 Las Vegas, NV, USA
SAGSE - Buenos Aires 09 Nov 11 - 11 Nov 11 Buenos Aires, Argentina
TribalNet11 Conference 14 Nov 11 - 17 Nov 11 NV, USA
Readers... er, punters, how did you like our report? Who will win the poker machine manufacturer wars? Tell us in the forum.
If you have a bet, please bet with your head, not over it, and for God's sake, have fun.
*Greg Tingle is a special contributor for Gambling911
*Media Man http://www.mediamanint.com is primarily a media, publicity and internet portal development company. Gaming is just one of a dozen sectors covered
