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Read a statement from Tornqvist…“Charlie Chance in Hell to Pay offers a lot to the slot market.Australian gaming machines innovator, Aristocrat Leisure Limited, has announced the signing of an ‘agreement in principle’ that is to see it pay some million so as to settle a pair of federal lawsuits brought against it in the western American state of Washington. [It presents] the ideal opportunity for older and newer generations of players to get an experience of each other’s worlds while still enjoying their own....


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”’ It pronounced that the arrangement, which must now be approved by the United States District Court for the Western District of Washington, envisions placing the aggregate 5 million disbursement into a ‘settlement fund’ for use in satisfying the plaintiffs’ requests. The developer announced plans to release three new sports-themed games this summer as part of their partnerships with independent studios....


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The developer announced plans to release three new sports-themed games this summer as part of their partnerships with independent studios.Additional acceptance:For its part and NASDAQ-listed Churchill Downs Incorporated used its own filing (pdf) to assert that the arrangement furthermore includes a clause star casino kitchen bar that has seen Aristocrat Leisure Limited release it from subsequent ‘indemnification obligations’ related to this litigation encompassing ‘any claims of diminution of value of Big Fish Games Incorporated’ as well as demands that could be brought by anyone opting not to take part in the proposed class-action settlement.’Envisioned endowment:The Sydney-headquartered firm stated that the intended settlement follows mediation and is moreover due to involve Churchill Downs Incorporated forfeiting 4 million so as to release the pair ‘from any and all indemnity obligations arising from or relating to these two class-action lawsuits....