Earlier this week, the Nevada District Court ordered Light & Wonder to pull its DragonTrain slot game pending a final ruling in the trade secret case between the gaming company and competitor Aristocrat.
On the latest episode of iGaming Daily, host James Ross was joined by Jessica Welman, Editor of SBC Americas, and Payment Expert’s Senior Journalist, Callum Williams, to discuss the latest update from the ongoing legal battle and also recap day one of the Payment Expert Summit at SBC Summit Lisbon.
On the latest update in the case, Jess said: “A judge has granted what’s called a preliminary injunction and the action is essentially that Light & Wonder is not allowed to offer its Dragon Link game until the case reaches a resolution.
“The matter in the case is whether or not Light & Wonder, by hiring a former Aristocrat engineer, has copycatted the game. The judge is saying that looking at the merits of the case, it stands to reason that Aristocrat could win and since they do, until this case is done, [Light & Wonder] can’t offer this game anymore.”
Despite some reports in the media that Aristocrat had won its case against Light & Wonder, Jess finished by explaining that this is just the first step in a process that will take a number of months.
Light & Wonder plans to appeal the ruling and continue to a trial. Additionally, due to the nature of the material being submitted, there will be motions to seal and keep confidential the information submitted which will further lengthen the time it takes to find a conclusion.
After a short break, the attention of the show turned to the conference itself and more specifically what has been happening at the Payment Expert Summit.
Callum outlined the details of the various panels that he attended during day one of the summit and talked more specifically about some of the discussions surrounding the use of crypto as a payment method.
He explained that stablecoins, a type of cryptocurrency tied to government-issued currency such as the Euro, are being pushed as a payment method due to their lack of volatility and the instant nature of peer-to-peer transactions.
