Scientific Games has agreed a settlement in its court case with Shuffle Tech International.
The Las Vegas-based supplier was deemed to have initiated a frivolous patent lawsuit to help it control the market for automatic card-shufflers at casinos.
In August, a jury awarded Shuffle Tech $105m in compensatory damages, as well as attorney’s fees and costs, bringing the total to $335m.
Scientific Games has now settled a figure with Shuffle Tech and will pay a total of $151.5m; 45% of the original amount.
The settlement is conditioned on the trail court entering an order vacating the judgement entered on the jury’s verdict.
James Sottile, Chief Legal Officer and Executive Vice President of Scientific Games, said: “While we firmly believe that the jury decision was wrong, we are pleased with the outcome of the settlement and that this matter will be resolved for good.”