Playtech sued for patent infringement
Saturday, March 18, 2006
Playtech sued for patent infringement
Playtech, currently heading towards the UK stockmarket - see my Playtech confirmed listing on the UK stockmarket article - are now apparently having to defend a lawsuit on the grounds of patent infringement, according to the Israel business news site Globes Online.
Austrian company Lubar and its CEO, Yaakov Rafaeli of Rishon LeZion, have filed a lawsuit with the Tel Aviv District Court against Playtech Cyprus Ltd for patent infringement relating to its system and method for remote online gambling at actual casinos. Playtech, controlled by Teddy Sagi, develops technology for online gambling sites and provides services to online gambling operators.
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Although the article is not very specific on the exact nature of the alleged infringement, a lawsuit is not exactly the best turn of events for a company on the verge of an IPO on the UK Alternative Investment Market.
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