• 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
  • Fitch flags Universal Ent founder spat, upgrade on Manila IR
    Fitch flags Universal Ent founder spat,...

    May 20, 2022  

  • Order to restore Kazuo Okada unclear, vague: Tiger Resort
    Order to restore Kazuo Okada unclear,...

    May 18, 2022  

More news
  • L&W says plugged in to ETG needs of players, casinos
    L&W says plugged in to ETG needs...

    May 23, 2022  

  • Review saw no irregularity in Levo Chan link: Macau Legend
    Review saw no irregularity in Levo Chan...

    May 23, 2022  


Latest News

L&W says plugged in to ETG needs of players, casinos

L&W says plugged in to ETG needs of players, casinos

May 23, 2022  

There has been a “shift” over the past two years in terms of casino operators and players broadening their tastes in electronic table game (ETG) products, says Jim Preston, product director of...
Read More
Review saw no irregularity in Levo Chan link: Macau Legend

Review saw no irregularity in Levo Chan link: Macau Legend

May 23, 2022  

Foreign tourists can get S.Korean peninsula visa from June 1

Foreign tourists can get S.Korean peninsula visa from June

May 20, 2022  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”We anticipate being live with iGaming products in two jurisdictions in the U.S. by the end of calendar year 2022"

Trevor Croker

Chief executive and managing director of Aristocrat Leisure



Most Popular

  • Foreign tourists can get S.Korean peninsula visa from June 1Foreign tourists can get S.Korean peninsula visa from June 1 May 20, 2022
  • Review saw no irregularity in Levo Chan link: Macau LegendReview saw no irregularity in Levo Chan link: Macau Legend May 23, 2022
  • Crown Resorts’ shareholders nod Blackstone bidCrown Resorts’ shareholders nod Blackstone bid May 20, 2022
  • Wynn CEO, Macau execs in base pay cut in return for sharesWynn CEO, Macau execs in base pay cut in return for shares May 17, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us