Playtech Named as Defendant in Evolution’s Anti-Competitive Lawsuit
Summary
Evolution has filed an amended complaint in the Superior Court of New Jersey, seeking to add Playtech and related parties as defendants in its ongoing defamation lawsuit. The lawsuit stems from a report commissioned by Playtech several years ago, produced by Black Cube, which Evolution claims was a deliberate attempt to disrupt its business, particularly in North America, resulting in over $14 billion in estimated losses. Evolution alleges not only defamation but also trade libel, fraud, and racketeering, arguing the report aimed to attract regulatory scrutiny. Playtech maintains the report raised legitimate concerns and accuses Evolution of attempting to deflect attention from its own operations.
Playtech has stated it welcomes the opportunity to defend itself in court, anticipating the discovery process will validate the report’s credibility. The company intends to vigorously defend its actions, asserting it acted in the best interests of the industry. Regulatory reviews in the USA, which Evolution claims disproved key assertions in the report, are central to Evolution’s argument.
This dispute underscores the increasing competition within the gaming technology sector, with Evolution and Playtech vying for dominance in key regulated markets like America and Northern Europe. The case highlights the potential for escalating tensions as these leading companies compete for market share and regulatory favor.
(Source:Gamblingnews)