IGT signs cross-licensing agreement with AGS

Global gaming equipment manufacturer IGT has announced the signing of a patent cross-licensing agreement with US based firm AGS, a designer and manufacturer of gaming products. Under the terms of the agreement AGS can offer games including patented features from the IGT portfolio, and will pay licensing fees to IGT. AGS primarily specialises in Class II lottery style games, which are often used in tribal casinos operating in the US, however th...