Playtech Signed A Key Agreement On Igt Cross-Licensing
Playtech, the global technology company in the field of gambling, announced a new license agreement with the leader in igor’s igt business. Under the terms of the agreement, playtech may offer games in the the united states, which include any functions patented in the usa from an extensive igt patent portfolio. Igt is the owner of the us largest patent portfolio on slot machines.
The agreement is a significant step in the expansion of playtech in north america after receiving a license in new jersey. The igt transaction, which has already been implemented in bet365 and in the entire betmgm game network in early 2020, demonstrates the vision of playtech partnerships with leading companies and the use of its own resources to increase the possibilities of distribution in north america.
Shimon acad, chief operating director playtech, said:
"The igt agreement is another important milestone in the growth of our presnce in north america, as we develop the dynamics of the last few monhs. We look forward to the possibilities to offer the us market more than our leading software and technologies in the fast-growing us market.
Nick khin, chief operating director igt, added:
"We are pleased that reached the provision of playtech access to the largest portfolio of patents for play functions in the. Work in partnership will help stimulate our collective innovations and growth, and also strengthen our intellectual property portfolio.
Source: official site playtech