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.
More from Stocks
You Call This 'Market' Resilient? Let's Take a Closer Look
Checking several charts and indicators shows leakage under the surface on breadth and elsewhere.
Dow Futures Edge Higher, Global Stocks Gain Despite Elusive Trade Deal Certainty
U.S. equity futures edged higher Friday, setting up the chance to snap a three-day losing streak on Wall Street, as investors continue to fixate on the fate of trade talks between Washington and Beijing and the strength of the American consumer heading into the holiday season.
Tesla, Nordstrom, Foot Locker and 'Frozen 2' - 5 Things You Must Know Friday
U.S. stock futures rise modestly, suggesting Wall Street could break its three-day losing streak; Tesla unveils the 'Cybertruck' with a starting price of $39,900; Nordstrom jumps after the retailer posts stronger-than-expected third-quarter earnings; Disney's 'Frozen 2' hits theaters on Friday.