Investing in slot machine makers is risky business these days. A perceptibly saturated global market has caused many of the major gambling device manufacturers around the world to falter on the stock market, but capitalizing on the right companies could still be worth big bucks. Knowing who and when to buy is, of course, the … [Read more…]
Across the globe, reports of diminishing revenue for major land-based casinos have caused nail biting among operators and government treasurers. From new restrictions on pokies in Australia, to the closure of 4 (soon to be 5) of Atlantic City, New Jersey’s 12 casinos this year alone, it’s clear that the gambling industry is taking an … [Read more…]
Last November, slot machine maker PPT LLC, (d/b/a High 5 Games) filed a lawsuit against its rival, Gimme Games, alleging that the defendant’s CEO, Daniel Marks, used a trade secret algorithm to create slot machines. Gimme Games requested the case be dismissed due to an expired patent that disclosed the trade secret, but U.S. District … [Read more…]