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Another major software company toes the 1st Tech line
Canadian online and television bingo software provider Parlay Entertainment Incorporated has become the latest Internet gambling software provider to acknowledge the remote gambling patents of Scott Lewis's company 1st Technology LLC. In an announcement this week, Parlay revealed that it has signed an agreement with 1st
Technology to settle an ongoing patent infringement case.
1st Technology brought the action against Parlay, asserting patent rights for technology that enhanced interactivity and optimised the delivery of high quality multimedia information over various bandwidth networks.
1st Tech has consequently filed a Stipulation and Order of Dismissal with the United States District Court for the District of Nevada, and the confidential agreement contains a stipulation whereby neither party admits liability. The arrangement pertains to all of Parlay's direct and indirect software licensing activities up to the date of settlement.
"Given the cost of patent litigation, we determined that it would be a prudent corporate action to negotiate a settlement with 1st Technology,” said Scott White, Chief Executive Officer for Parlay. “We are pleased to have reached an agreement which provides us with certainty.'
In a reciprocal statement, 1st Technology said: "We are pleased to have this dispute with Parlay resolved and look forward to working with other leading companies to assist in achieving compatibility with 1st Technology's intellectual property.”
Several major companies have been approached by 1st Tech in defence of its patents, and have subsequently reached settlements with the company. Perhaps the most public case was 1st Tech's clash with Calvin Ayre's Bodog group, which resulted in a default judgement of $48 million against Bodog and the confiscation of its domains and brands. This triggered protracted and heated public blog exchanges between the CEOs of the two companies.
PartyPoker Rakebak -
Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.
NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
NBA Odds: Wizards-Celtics at the Garden -
The Washington Wizards are making this a series. They’ve won back-to-back games against the Boston Celtics to knot this second-round matchup at 2-2 with Game 5 at the Garden on Wednesday. TNT has the coverage starting at 8 PM ET.
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