IGT signs deals with Aruze Gaming, German lottery brand
International Game Technology (IGT) has entered into partnerships with slot machine manufacturer Aruze Gaming and German lottery company Lotterie-Treuhandgesellschaft mbH Thüringen.
Aruze has secured a patent cross-licensing agreement with IGT and will have the right to offer games from the firm to its own customer base.
The developer will pay licensing fees to IGT as part of the agreement.
"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,” IGT’s senior vice-president and general counsel, North America gaming and interactive, Michael Prescott, said.
“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.”
Meanwhile, IGT has agreed a seven-year contract for the modernisation and maintenance of the Thüringen Lottery central system in Germany.
IGT will provide Thüringen Lottery with an evolved central system solution that includes hardware and technology upgrade, in addition to system modularity and enhanced third-party access.
The new system is due to launch at the start of next year.
Declan Harkin, senior vice-president and chief operating officer, international, at IGT, said: “With this new long-term contract, Thüringen Lottery will continue to benefit from the security and reliability of a modernised central system from IGT, while reducing the costs of future enhancements and offering overall improved service.
“This contract will ensure the lottery's sustainability and success now and in the years to come, and represents our ongoing commitment to growing our presence in the German lottery market.”
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