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IGT and Aristocrat Agree to cross-licensing deal
IGT AND ARISTOCRAT BURY THE LITIGATION HATCHET
Two companies agree cross-licensing deal and an end to hostilities.
International Game Technology plc and Aristocrat Leisure Limited have clashed in court on intellectual property matters a few times in the past, but a new cross-licensing agreement this week has enabled them to bury the hatchet and settle all outstanding litigation between them.
The agreement covers intellectual property involving game features and system patents, but the full terms of the deal have not been revealed.
Renato Ascoli, IGTs CEO for North America and Interactive Double Down Casino, said in the announcement:
"IGT slots R&D investment and patent portfolio are the largest in the gaming industry. We are pleased to have reached this agreement with Aristocrat as we build upon our leadership in gaming innovation. This agreement demonstrates both companies shared commitment to investing in and preserving the value of intellectual property."
Aristocrats CFO, Toni Korsanos, said:
"Turning ideas into value-adding innovation is core to Aristocrats mission to create the worlds greatest gaming experience every day. Our agreement with IGT will contribute toward this, and we are pleased to have finalized these arrangements."
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
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