Shuffle Master, Elixir Resolve Patent Dispute

LAS VEGAS (AP) — Gaming equipment supplier Shuffle Master Inc. and rival Elixir Gaming Technologies Inc. have resolved an ongoing patent dispute, the companies said Tuesday.

Both companies produce technology for the gambling industry, including automatic card shufflers.

As part of the deal, Shuffle Master will get back the $3 million bond, plus accrued interest, that it posted in 2004. Elixir Gaming will receive no more than $2.8 million a result of these agreements.

Both companies also agreed that Elixir Gaming would sell Shuffle Master its intellectual property related to card deck checking equipment, including RandomPlus Shuffler, the ShufflePro Shuffler and the DeckChecker.

Additionally, Shuffle Master will also buy other Elixir's goods in this category.