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Will Hill Pays 32red 1.1 million
Thursday July 4,2013 : 32RED AWARDED GBP 1.1 MILLION IN COSTS IN WILLIAM HILL TRADEMARK CASE (Update)
High Court award finalises litigation that has been on-going for more than four years
The now famous trademark victory achieved by online casino operator 32Red against the giant UK gambling group William Hill plc culminated in a massive GBP 1.1 million costs award this week, bringing to an end litigation that has involved the companies for the past four years or more.
The High Court found in favour of 32Red in January 2011, ruling that William Hill’s use of the 32Vegas brand from 31 December 2008 until August 2009 infringed 32Red’s trademark rights. William Hill subsequently re-branded the offending internet gambling website 21Nova.
In April the High Court awarded 32Red damages of GBP150,000 based on what the cost of licensing the brand would have been had an agreement been forged, leaving the "substantial" legal costs of 32Red still to be recovered, a situation that has now been redressed by the costs award this week.
Back in April 32Red management noted that: "The recovery of 32Red's significant legal costs, which have previously been expensed, will be considered in a hearing to be held in the coming weeks and the company will update shareholders accordingly."
William Hill has already paid GBP 800,000 towards 32Red's legal costs, and the award will secure the balance.
The court actions were embarked on following attempts by 32Red to address the trademark infringement through legal "cease and desist" warnings, which had no effect, making litigation necessary.
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Gambling News :
Wanajump Launches -
#Wanajump Spanish online and land gambling operator Grupo R. Franco appears to be emulating the William Hill group, announcing this week that it is to begin a start-up accelerator program for innovative entrepreneurs, which it has titled Wanajump.
Coral Launches player proposition betting product -
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Oshi online casino now accepts fiat currencies -
The Oshi online casino, which started just a year ago as a Bitcoin-denominated operation, has described its expanded activity in a statement this week, noting that in addition to Bitcoin it now accepts fiat currencies and has added new game providers to its roster of suppliers.
New Standards for UK Online Gambling -
Online gambling service and technology providers, along with operators and testing agencies will be studying the new gambling software and technical standards proposal published by the UK Gambling Commission following a public consultation.
Pennsylvania Gambling Bill 1887 returned with additions -
The interaction between the Pennsylvanian House and the state Senate has become increasingly like watching a game of ping pong as the two political establishments wrestle with online gambling legalization and court-ordered tax fixes in the dying days of the current political season.
Mybet Earnings Struggle -
The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".
Tom Horn Awarded Malta Gaming License -
Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.
Calvin Ayre invests in new Antigua Business Center -
Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.
Attack of the Zombies Slot -
Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.
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