• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

IGT, Aruze Gaming sign cross-licensing agreement

Apr 06, 2017 Newsdesk Industry Talk, Latest News, Top of the deck  


IGT, Aruze Gaming sign cross-licensing agreement

Casino supplier International Game Technology Plc (IGT) announced on Wednesday that it has signed a patent cross-licensing agreement with Aruze Gaming, a company that designs, develops and manufactures slot machines and gaming devices for the global casino market.

Under the agreement, Aruze Gaming can offer game products including patented game features from the IGT portfolio, and will pay licensing fees to IGT, according to a press release. The terms of the agreement have not been disclosed.

Aruze Gaming operates as a subsidiary of Japan-based Universal Entertainment Corp, a company founded and chaired by gaming entrepreneur Kazuo Okada.

“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 for North America gaming and interactive, in a prepared statement.

“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,” Mr Prescott added.

IGT and Australia-based Aristocrat Leisure Ltd announced in October last year that the two firms had reached a cross-licensing agreement covering “intellectual property involving game features and system patents”.

U.S.-based IGT in April 2016 reached an agreement with Hong Kong-listed casino equipment maker Paradise Entertainment Ltd, for the latter to transfer all of its electronic table game technology, patents and other intellectual property to IGT, with the exception of table game intellectual property used exclusively in Macau.


  • tweet
Related articles
  • IGT’s 4Q revenue up as gaming sales rise 21pct
    IGT’s 4Q revenue up as gaming sales...

    Feb 28, 2023  

  • PlayAGS names Robert Ziems chief legal officer
    PlayAGS names Robert Ziems chief legal...

    Feb 16, 2023  

More news
  • Pagcor chairman keynote speech at SiGMA Asia
    Pagcor chairman keynote speech at SiGMA...

    Mar 28, 2023  

  • 3-month eVisa plan to boost Vietnam tourism: report
    3-month eVisa plan to boost Vietnam...

    Mar 28, 2023  


Latest News

Pagcor chairman keynote speech at SiGMA Asia

Pagcor chairman keynote speech at SiGMA Asia

Mar 28, 2023  

Alejandro Tengco (pictured), chairman and chief executive of the Philippine Amusement and Gaming Corp (Pagcor), is to give the keynote speech for the opening of the SiGMA Asia conference for the...
Read More
3-month eVisa plan to boost Vietnam tourism: report

3-month eVisa plan to boost Vietnam tourism: report

Mar 28, 2023  

Kangwon Land slot brand Manila office eyes SE Asia sales

Kangwon Land slot brand Manila office eyes SE Asia sales

Mar 28, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”The data and evidence on hand all point to the same conclusion: enough is enough. It is time to ban offshore gaming operations in the Philippines, once and for all”

Sherwin Gatchalian

Chairman of the Committee on Ways and Means of the Senate of the Philippines



Most Popular

  • Raffles hotel checks complete at Galaxy Phase 3: MGTORaffles hotel checks complete at Galaxy Phase 3: MGTO March 27, 2023
  • Melco’s Studio City has foreigner-only bet zone: checksMelco’s Studio City has foreigner-only bet zone: checks March 27, 2023
  • Foreigners can use HK-Macau free ticket says tourism bossForeigners can use HK-Macau free ticket says tourism boss March 27, 2023
  • Macau diversification into non-gaming to remain slow: FitchMacau diversification into non-gaming to remain slow: Fitch March 24, 2023
  • Philippine lawmaker wants POGOs shut within 3 monthsPhilippine lawmaker wants POGOs shut within 3 months March 27, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us