Mobile payments company Koin Mobile has asked a federal judge in Nevada to dismiss its antitrust lawsuit against casino operations giant Everi Holdings, ending a legal fight over digital wallet competition in the gaming industry.
In its court filing, opens new tab on Friday, Koin asked that the lawsuit be dismissed with prejudice, meaning it cannot be refiled. The filing did not say whether a settlement had been reached, and the two sides either declined to comment or did not immediately respond to a request for comment.
Everi, which provides financial services, ATMs and slot machines to casinos, was acquired in July by funds that are managed by affiliates of asset manager Apollo Global Management (APO.N), opens new tab. Everi had denied any wrongdoing in the lawsuit. Apollo is not a defendant.
