Nevada Supreme Court rules in favor of TPG Founder Sam Johnson over Caesars

TPG had patented and was working with Caesars to bring new

The Nevada Supreme Court has denied a request from Caesars Entertainment (Caesars) to reconsider a case involving Tipping Point Gaming (TPG). Caesars now faces a new trial involving fraud claims, amongst other tort claims, after the Nevada Supreme Court reversed a decision by former District Court Judge Nancy Allf. 

TPG had patented and was working with Caesars to bring new “picture in picture” technology and other first-of-its-kind features to casino floors, only for Caesars to file a lawsuit against the gaming technology developer.

TPG founder and former Innovative Gaming Technology engineer, Sam Johnson, alleged Caesars prevented him from entering a pending contract with a third party that would have led to an investment made in his company or the possibility of a complete purchase. 

According to court documents, Caesars first “leaned on potential TPG suitor Accel Entertainment to stand down, and Accel agreed to stand down.” 

Then, further according to court documents, when TPG “could not disclose a second suitor interested in acquiring TPG due to a nondisclosure agreement, Caesars took intentional actions to kill any deal and keep TPG’s product out of the hands of a possible competitor,” including filing a lawsuit that ended any potential interest in TPG. 

“Their lawsuit was a stunning blow. Several executives with Caesars had originally been discussing buying into our company, or even purchasing it entirely, and moving forward with the project,” Johnson said. 

“Caesars not only abruptly pulled the plug on our agreement, but internal Caesars emails show their executive team focused on delaying the development process instead of facilitating it as they had promised. Caesars executives knew that delay would prevent a major investment or outright purchase of TPG or would stop us from ever coming to market.”

TPG was forced to shut down and its assets and value were lost through foreclosure.  

According to court documents as well, TPG’s counterclaim against Caesars allegedly includes damages for “bad faith, fraud and tortious interference.” 

TPG is also seeking consequential and punitive damages, which collectively are in the “nine-figure range,” as per the documents. 

Kirk Geller

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