Gaming Titans to do Battle in the Courts – September 18th, 2009

Globe Online reports that Livermore Investments Group Ltd., controlled by Noam Lanir, is suing Crown Solutions Gaming Ltd. and Uniplay International Ltd., both private companies controlled by Israeli tycoon and  founder of Playtech, Teddy Sagi.

Livermore claims that Sagi’s companies sold it a domain for operating Internet casinos that could not be used as it infringed the brand-name rights of Monaco based hotels and casinos SBM.

As a result Livermore was forced to abandon operations on the site and pay $3.4 million in compensation to SBM.

In their comeback, the defense claims that Livermore could have fought in the courts to carry on using the domain and did not consult them over the compromise they agreed to with SBM.