ARISTOCRAT STATEMENT ON KATER LITIGATION
Sydney, 27 April 2018
Aristocrat Leisure Limited (ASX: ALL) notes comments in a filing made by Churchill Downs Incorporated (CDI) referring to the case of Kater v Churchill Downs Incorporated (CDI).
This litigation relates to the operation of the online social gaming platform Big Fish Casino, which is part of Big Fish Games, Inc. Aristocrat completed its acquisition of Big Fish Games, Inc from CDI in January 2018.
Aristocrat and CDI are working together to vigorously defend the action.
Aristocrat agrees with CDI's statement "that there are meritorious legal and factual defences against (the) Plaintiff's allegations and requests for relief" and Aristocrat is not
aware of any other US Court having expressed an opinion similar to that of the court in this action.
Aristocrat confirms that the Kater litigation was known and fully considered as part of the due diligence exercise it conducted in connection with the Big Fish acquisition. A number of contractual protections were agreed as part of the acquisition, including broad indemnity protection from CDI relating specifically to the Kater litigation.
Further Information:
Investors:
Reuben Rattos +61 2 9013 6407
Group Treasurer & Investor Relations Manager
Media:
Natalie Toohey +61 (0) 409 239 459
Aristocrat Leisure Limited (ASX: ALL) is a leading global provider of gaming solutions. The Group is licensed by over 200 regulators and its products and services are available in over 90 countries around the world.
Aristocrat offers a diverse range of products and services including electronic gaming machines and casino management systems. The Group also operates within the online social gaming and real money wager markets. For further information visit the Group's website atwww.aristocrat.com
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Aristocrat Leisure Ltd. published this content on 27 April 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 26 April 2018 23:44:03 UTC