Playtech Praise Cross-Licensing Deal With IGT

After announcing a further North American reinforcement through a licence deal with International Gaming Technology, gambling software company Playtech praised “another significant moment.”

Following on  from a number of deals, recently that have already been rolled out this month, including those with Swiss Casinos, SKS365, and Norsk Tipping, the deal sees Playtech further boost its casino offering in the area.

The company is allowed to sell games in the United States that contain some of the features patented within the US patent portfolio of IGT, under the terms of the agreement.

IGT Chief Operating Officer, Nick Khin, stated: “We are delighted to have reached an agreement to provide Playtech with access to the largest game feature patent portfolio in the US. Working in partnership with Playtech will help propel our collective innovation and growth, and further validates our significant IP portfolio.”

After being given a licence in New Jersey, and having already gone live with bet365 and through the gaming network of BetMGM earlier this year, the deal is said to mark a major step in Playtech’s expansion into North America.

The IGT deal comes as Playtech outlines a vision of partnering and maximising its size to expand delivery capabilities across North America with leading companies.

Shimon Akad, Playtech’s chief operating officer, said: “The agreement with IGT represents another significant milestone in the growth of our presence in North America as we build on the momentum of the past few months. We look forward to offering the US market more of our market-leading software and technology in what is a rapidly growing US market.”

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About Joe Kizlauskas

Joe is a seasoned iGaming copywriter and speaker who has been in the business since 2015. He's written more words on all elements of iGaming than he likes to remember, and he's contributed material to a number of well-known brands. Joe may be seen playing 5 a side, at the gym or playing games on his Playstation when he is not writing.