Light & Wonder Court Ruling in Australia Eases Concerns -- Market Talk

Dow Jones

2025/02/11

1229 ET - Light & Wonder had a recent legal victory in Australia that alleviates concern that litigation might affect previously sold "Dragon Train" games in the country, Benchmark's Mike Hickey says in a note. A court denied rival Aristocrat Technologies' request for an interlocutory injunction concerning the game in litigation over intellectual-property infringement. Light & Wonder says the ruling is focused on its content pipeline for this year and beyond and doesn't require action from customers, says Hickey. Benchmark has a buy rating on the shares, which were up 10% at $96.93. (mark.long@wsj.com)

(END) Dow Jones Newswires

February 10, 2025 12:29 ET (17:29 GMT)

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A court denied rival Aristocrat Technologies' request for an interlocutory injunction concerning the game in litigation over intellectual-property infringement. Light &amp; Wonder says the ruling is focused on its content pipeline for this year and beyond and doesn't require action from customers, says Hickey. Benchmark has a buy rating on the shares, which were up 10% at $96.93. 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A court denied rival Aristocrat Technologies' request for an interlocutory injunction concerning the game in litigation over intellectual-property infringement. Light &amp; Wonder says the ruling is focused on its content pipeline for this year and beyond and doesn't require action from customers, says Hickey. Benchmark has a buy rating on the shares, which were up 10% at $96.93. 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A court denied rival Aristocrat Technologies' request for an interlocutory injunction concerning the game in litigation over intellectual-property infringement. Light & Wonder says the ruling is focused on its content pipeline for this year and beyond and doesn't require action from customers, says Hickey. Benchmark has a buy rating on the shares, which were up 10% at $96.93. 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Light & Wonder says the ruling is focused on its content pipeline for this year and beyond and doesn't require action from customers, says Hickey. Benchmark has a buy rating on the shares, which were up 10% at $96.93. (mark.long@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 10, 2025 12:29 ET (17:29 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"policyRegulatory","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}