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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.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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