iGaming provider EveryMatrix on Monday said it has signed a patent license agreement with IGT, holder of the largest slot game feature patents portfolio in North America.
The two parties said their agreement will allow EveryMatrix to offer slots across North America that utilize patented game features within IGT’s portfolio and others in IGT’s game features patent licensing program.
According to officials, this partnership will increase EveryMatrix’s reach and strengthen its position in the US and beyond.
Financial terms of the deal were not disclosed.
“Signing a patent license agreement with IGT was an important milestone in our US expansion,” Erik Nyman, President of EveryMatrix Americas, said in a statement. “Through this agreement, EveryMatrix will have access to IGT’s game feature patents, allowing us to distribute our gaming content to partners across North America.”
Stephen Calogero, VP and Deputy General Counsel, Global Gaming and Intellectual Property at IGT, added: “We are pleased to add EveryMatrix as a member of the game features licensing program, which has fostered innovation for game mechanics across the industry.”
Malta-based EveryMatrix says it delivers iGaming software, solutions, content and services for casino, sports betting, payments, and affiliate/agent management to Tier 1 operators, as well as to newer brands. The company has more than 650 employees across 10 offices and serves 140 customers worldwide, including the regulated US market.
IGT has a local presence and relationships with governments and regulators in more than 100 countries around the world. The company says it creates value by adhering to the highest standards of service, integrity, and responsibility. IGT has approximately 10,500 employees.
