Everi Payments Inc., the fintech subsidiary of casino gaming provider Everi Holdings Inc. has announced that it has won a patent lawsuit following a ruling by the Patent Trial and Appeal Board (PTAB).
The lawsuit was filed in the U.S. District Court for the Western District of Texas in September 2021 by Sightline Payments. The company alleged that Everi’s ‘Cash Club Wallet’ infringed on five patents held by Sightline.
The case was dismissed on June 1st, 2022 by U.S. District Judge Alan Albright. However, Sightline chose to appeal the ruling and asked that the PTAB review the case.
Everi Payments Announces Win in Patent LawsuitSpeaking of the ruling Kate Lowenhar-Fisher, Chief Legal Officer of Everi, said:
Everi Payments Announces Win in Patent Lawsuit