Thursday, May 26, 2022

IGT inks cross-licensing agreement with Aruze


Gaming supplier International Game Technology (IGT) announced on Wednesday that it has signed a patent cross-licensing agreement with Aruze Gaming.

Under the agreement, Aruze Gaming will be able to offer games including patented game features from the IGT portfolio, and will pay licensing fees to IGT.

"This cross-licensing agreement with Aruze Gaming continues IGT's positive momentum toward investing in the growth of the gaming industry while protecting our intellectual property," said Michael Prescott, IGT senior vice president and general counsel, North America Gaming & Interactive.

"We are very pleased that IGT's patented game features have inspired a significant amount of licensing interest from such a diverse range of gaming companies,” he added.

Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.

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