The following is excerpted from a January 22, 2009 General Patent Corporation press release that appears at Business Wire:

General Patent Corporation (GPC), a leading patent licensing and patent enforcement firm, announced today on behalf of its client, Renhcol, Inc. − a wholly-owned subsidiary of Betbrokers PLC (LSE: BETB) − that Renhcol settled its patent infringement lawsuit against Pregame LLC of Las Vegas, NV.

A lawsuit against Pregame LLC and several other defendants was filed in October of 2008 in the Eastern District of Texas (2:08-cv-00388) for the infringement of Renhcol’s U.S. Patent No. 6,260,019 (the “Patent”). Ultimately, Pregame agreed to settle the lawsuit and license the Patent.

Renhcol, Inc. owns U.S. Patent No. 6,260,019 titled “Web-Based Prediction Marketplace.” The patented technology pertains to the on-line prediction of future events. This patent was the subject of a prior lawsuit, which resulted in all of the defendants licensing the ‘019 Patent.