Order will declare some igt patents ill

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A federal judge in las vegas has apparently invalidated several patents held by slot machine giant crucial game technology, which could allow rival models to put out their own bonus wheel based games.District judge robert clive jones ruled from the bench wednesday during hearing in a patent infringement case between igt and bally methods.In a statement from bally, jones told attorneys he promises to issue a written order declaring that bonus wheel patents held by igt are invalid.The patents cover such games as wheel Cheap Pandora Beads of fortune and other products.

The order would reject igt's belief that bally's bonus Cheap Pandora Charms wheel based slots infringe on patents held by igt.

Macquarie securities gaming analyst joel simkins said the ruling could end up the worst case scenario for igt in which any slot maker can distribute a bonus wheel based game without concern of violating igt's patents.

"This is a company built on cerebral property and the(Bonus offer)Wheel based games are the good deal franchise for igt, simkins agreed. "This opens up a pandora's box and allows other creative designers to bring out their own(Plus)Bring based games,

Bally said it issued a statement in response to numerous inquiries and market activity adopting the hearing.Organization said it would make an official comment once the judge's order is filed.

Shares of bally increasing $1.99, In addition to 9.79 zero per cent, To seal at $22.31 on the lse.Far more 4.6 million shares were traded in, Four times the widespread daily volume.Offers of igt closed at $12.24, Through $1.93, 13.62 p.C, also within the nyse.

In a note to market players, deutsche bank gaming analyst bill lerner said he expects igt will appeal buying one once the ruling is finalized.

Lerner said the igt's bonus wheel video slot, in which gamblers can obtain bonuses or jackpots, advantages of the wheel of fortune brand, which is in line with the popular television game show.

"If a man or woman comes up with a better brand, then you could most likely take some volume away from wheel of fortune, lerner defined.

Bally and igt have multiple lawsuits weaving their way through the federal court system for patent encroachment matters and antitrust issues.

Morgan stanley gaming analyst celeste brown told investors the good ruling for bally makes it unlikely igt will succeed in obtaining damages regarding any bonus wheel patents.She said a settlement is impossible because the company would permanently lose its patents.

"Investors should have more confidence in bally's legal position in the years ahead, dark said.In no way do they defend the view of stephens media llc or this newspaper.It's much public forum.Read our suggestions for posting.If you think that a commenter has not followed these guidelines, please click on the flag icon next to the comment.

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