Light & Wonder Pays $127.5 Million to Settle Aristocrat IP Lawsuit
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Light & Wonder Inc. has settled a lawsuit with Aristocrat Leisure Limited, agreeing to pay $127.5 million for the misappropriation of intellectual property related to its Dragon Train and Jewel of the Dragon games. The settlement includes Light & Wonder ceasing commercialization of these titles, removing existing installations, and destroying related materials. Both companies will dismiss Aristocrat's claims in Australia and the U.S. as part of the agreement.
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