IGT and Scientific Games sign landmark patent deal

Financial terms of the deal have not been disclosed but both companies stated that they will have full access to offer games using patented game features from each other’s gaming portfolios, whilst also allowing other member firms access to the IGT slot game features pool.

As two of the gaming industry’s biggest gaming technology suppliers, IGT and Scientific Games hold the largest slot game feature patent portfolios in North America.

IGT recently reported above estimate net revenue of $1.22bn for the second quarter of 2017, while Scientific Games reported net revenues of $766.3m during the same period.

This latest deal follows similar intellectual property agreements between IGT and fellow gaming technology firms Paradise Entertainment, Konami Gaming and Aruze Gaming.

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Robert Simmons

Gambling Writer

Robert Simmons served as a writer for Gambling Insider, where he was an active contributor from 2017 until 2018. Throughout his tenure, Robert executed in-depth market research and wrote over 500 news and press-release articles covering the global gambling industry under strict editorial standards and tight deadlines. He contributed editorial support to the production of five 100+ page Gambling Insider magazines, eight 25+ page Trafficology magazines, and five 25+ page special print focus editions. In addition, he produced 30 in-depth feature articles for print, secured over 30 contributions from external writers, and built long-standing professional relationships with industry stakeholders across all levels of the gambling sector.

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