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Aristocrat Leisure Limited (ASX:ALL)

ALERT: Price-sensitive ASX Announcement for ALL
Current share price for ALL : $60.540 3.32 (5.80%)+
Announcement
Release
12 Jan 2026 8:21AM
Price at Release
$57.220
Full Release
download
Summary
Aristocrat Leisure Limited and Light & Wonder have agreed to settle their litigation in Australia and the United States related to allegations by Aristocrat that Light & Wonder used its trade secrets and copyright works in developing certain games, specifically Dragon Train and Jewel of the Dragon. As part of the settlement, Light & Wonder will compensate Aristocrat USD 127.5 million, cease commercialization of the mentioned games globally, and destroy all related documents. Aristocrat's lawsuits in both countries will be dismissed. Both companies emphasize the importance of protecting intellectual property rights to ensure fair competition in the gaming industry.
Key Points
  • Aristocrat and Light & Wonder resolved litigation regarding intellectual property.
  • Light & Wonder to pay USD 127.5 million to Aristocrat.
  • Light & Wonder to cease and remove specific games globally.
  • Confidential procedures for addressing future intellectual property issues.
  • Litigation to be dismissed in Australia and the US.
  • Emphasis on protecting intellectual property for fair industry competition.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.