diff --git a/Makefile b/Makefile
index a5eb93ec5..6748d0cf4 100644
--- a/Makefile
+++ b/Makefile
@@ -1,4 +1,4 @@
-VERSION=`grep "VERSION" lutris/settings.py | cut -d" " -f 3 | sed 's|"\(.*\)"|\1|'`
+VERSION=`grep "__version__" lutris/__init__.py | cut -d" " -f 3 | sed 's|"\(.*\)"|\1|'`
 
 cover:
 	rm tests/fixtures/pga.db -f
diff --git a/lutris/__init__.py b/lutris/__init__.py
index bcd9570c7..3ec482514 100644
--- a/lutris/__init__.py
+++ b/lutris/__init__.py
@@ -1 +1,3 @@
 """Main Lutris package"""
+
+__version__ = "0.4.23"
diff --git a/lutris/settings.py b/lutris/settings.py
index 2bf598ea7..e4c928e59 100644
--- a/lutris/settings.py
+++ b/lutris/settings.py
@@ -3,9 +3,10 @@
 import os
 from gi.repository import GLib
 from lutris.util.settings import SettingsIO
+from lutris import __version__
 
 PROJECT = "Lutris"
-VERSION = "0.4.23"
+VERSION = __version__
 COPYRIGHT = "(c) 2010-2018 Lutris Gaming Platform"
 AUTHORS = ["Mathieu Comandon <strycore@gmail.com>",
            "Pascal Reinhard (Xodetaetl) <dev@xod.me"]
diff --git a/setup.py b/setup.py
index 9b30ef3bf..2a2f51da1 100755
--- a/setup.py
+++ b/setup.py
@@ -2,7 +2,7 @@
 import os
 import sys
 from setuptools import setup
-from lutris.settings import VERSION
+from lutris import __version__ as VERSION
 
 if sys.version_info < (3, 4):
     sys.exit('Python 3.4 is required to run Lutris')