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Settling Infringement Disputes

The patent disputes concerning 1st Technology are finally coming to a close for some online casino and internet gambling companies. The most notable patent infringement case for 1st Technology involved Bodog Entertainment and is still unsettled to this day because Bodog representatives have refused to comply with a default ruling in the U.S. Another high profile case though is coming to an end after lengthy discussions and debate. Eventually though, Parlay Entertainment agreed to acknowledge 1st Technology’s patents that pertain to the use of certain online casino gambling technologies.

The agreement between the two companies has been sealed and marked confidential so there is no clue as to how much Parlay paid 1st Tech for the patent infringement. The resolution of this situation though is very significant for 1st Technology because it shows that at least one online casino gambling company is acknowledging 1st Tech’s right to protect its patented technology – but only to an extent. Neither company is admitting to liability in the case for use of the technology up until the settlement date.

It does appear however that Parlay has agreed to license the technology from 1st Tech as a way to augment the company’s online casino and bingo gaming experiences. The dispute resolution goes a long way toward showing that 1st Technology is not merely money hungry as the founder and former CEO of Bodog has implied, but rather the company is looking to really build strong partnerships and licensing arrangements on its intellectual property.

The CEO at 1st Technology expressed his positive attitude toward the settlement of the current online casino technology issue. He notes, “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.”