WMS Subject to a Lawsuit Could Derail Acquisition??
MGT Capital Investments (NYSE: MGT) is currently suing WMS for patent infringement on its multiplayer bonusing event intellectual property. The suit is against WMS and Aruze Gaming US. A major portion of WMS revenues are from the multiplayer/bonusing machines and it could be liable for millions of past and future payments. This could potentially derail the deal.
Are you sure? The suit was filed in November of 2012 and there is no way that it could be resolved that fast. Can you prove it or you are just trying to obscure what could be a multi-million liability for Scientific Games?