GAN Hits MGM Resorts with Patent Infringement Suit

Gaming technology provider GAN Ltd. (NASDAQ:GAN) is suing MGM Resorts International (NYSE:MGM). It alleges the Mandalay Bay operator is infringing on unity of the tech company’s patents to tie-in its cassino and sports betting client trueness platforms.

In its complaint filed Monday in the U.S. District Court for the District of Delaware, GAN says the judicial proceeding pertains to the ‘296 patent, for which the accompany was granted shelter by the US Patent and Trademark Office (USPOT) in September. That patent is titled “Network Gaming System and Casino Management System Link.”

The ‘296 Patent claims specific technologic improvements o'er prior land-based trueness rewards systems or supporter information management and is directed to technologies connecting internet-based gaming system networks with ace or to a greater extent direction systems for managing patron data, loyalty programs and other data,” according to the sound filing.

In unpatterned English, GAN says its patent-protected engineering helps gambling casino operators more effectively nexus rewards programs from brick-and-mortar casinos to comparable online offerings. The UK-based accompany claims MGM is infringing on the ‘296 patent to bolster the ties between its traditional casino and BetMGM rewards platforms.

GAN Claims MGM Knew About the Tech

GAN claims MGM knew near its engineering as far indorse as 2016 when the 2 sides mulled a human relationship revolving around “GAN’s online gaming software-as-a-service solutions.”

The complainant asserts that because of MGM’s long-running knowledge of the GAN technology, the casino operator’s acts “constitute induced and/or contributory infringement.”

With the US iGaming and sports wagering industries taking turned in a dramatic fashion, operators are incentivized to ameliorate tie related rewards platforms to traditional client loyalty programs. In recent months, some management teams from gambling casino companies are noting that bettors accruing points online, follow it through and through cyberspace casinos or sports wagering, are to a greater extent likely to call in an operator’s land-based venues.

In February, MGM introduced MGM Rewards as the replacing for m lifetime Rewards. That was followed by the set in motion of the BetMGM Rewards program. Under the unexampled program, bettors garner BetMGM rewards points and MGM rewards tier up credits with apiece wager placed.

BetMGM, a 50/50 reefer stake of MGM Resorts and UK-based gaming colossus Entain Plc., is the largest internet casino accompany in the US, and consistently ranks among the upper side ternion online sportsbook operators in the markets inwards which it does business.

GAN Claims It’s Suffering, MGM Is Gaining

GAN believes MGM testament go along infringing upon the letters patent unless a court of justice prevents it doing from so. The complainant adds the Bellagio operator had noticed it was violating the patent, indicating its acts “have been and are willful,” entitling GAN to indemnity and effectual fees under various US codes.

Upon entropy and belief, MGM has derived and received and testament persist in to come and receive, gains, profits and advantages from the aforesaid acts of infringement inward an amount not currently known to GAN. MGM’s infringing acts experience caused equipment casualty to GAN, and GAN is entitled to pecuniary succour inward an amount to be dictated at trial,” according to the effectual filing.

GAN is seeking redress inward the variant of “at least a sane royalty” to follow set at trial.

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