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No Love Lost Between Online Casino Firms

Disputes between online casino firms in a highly competitive industry are all too common. Perhaps one of the most publicized was the recently settled deal involving online casino poker firm Party Gaming and rival firm Empire Online. Empire originally started litigation against Party Gaming for terminating the “skin” arrangement under which Empire’s online casino players were directed to the same platform as those of its rival’s.

While details of the case made media headlines for weeks, the dispute was finally resolved when Party Gaming agreed to pay the other online casino firm $200 million in damages. The settlement effectively ended Empire Online’s plans to sue Party Gaming in the Court of Gibraltar, where it was expected that the online casino firm would seek $500 million in damages. Empire Online had also announced previously that it would seek an injunction forcing its online casino rival to uphold the skin agreement.

However, some disputes defy an amicable solution, as a civil case brought by online casino operator Inter Bet against software company Real Time Gaming illustrates. Allegations concerning the alleged discriminatory policies practiced by Real Time Gaming in relation to the online casino firm were heard for the first time in Fulton County Court in Georgia last month. In the case document, Goodman has requested compensation and punitive damages, along with other associated costs incurred by his online casino group. A date is still to be set for the case.

OCA News Editor

Jenny McKinnley is OCA’s financial correspondent. After spending years on the trading floor in both NY and London, she offers insight from the inside out on world financial news and events.

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