Playtech lauds ‘significant step’ via IGT licensing agreement

Playtech and International Game Technology have confirmed a new licensing agreement which will see the former offer its games in the US.

As part of the partnership, Playtech titles, including any of the features patented within IGT’s US patent portfolio, the largest in the country, will be made available in the United States. 

“The agreement with IGT represents another significant milestone in the growth of our presence in North America as we build on the momentum of the past few months,” noted Shimon Akad, chief operating officer at Playtech.

“We look forward to offering the US market more of our market-leading software and technology in what is a rapidly growing US market.”

Additionally, the agreement is lauded as a ‘significant step’ in Playtech’s expansion into North America after being granted a licence in New Jersey. 

Having already gone live with bet365 and across BetMGM’s gaming network earlier this year, the deal with IGT is said to showcase Playtech’s vision to partner with ‘leading companies’ and leverage its scale to increase the company’s distribution capabilities in North America.

Nick Khin, chief operating officer at IGT, added: “We are delighted to have reached an agreement to provide Playtech with access to the largest game feature patent portfolio in the US. 

“Working in partnership with Playtech will help propel our collective innovation and growth, and further validates our significant IP portfolio.”