Gambling giants sign cashless agreement

IGT and Scientific Games have signed a cross-licensing agreement for patents related to cashless slot gaming technologies.

Under the agreement, Scientific Games and IGT will be able to offer patented cashless gaming technologies from the companies’ combined portfolios of casino management systems solutions to the US gaming industry. The financial terms of the agreement have not been disclosed.

As a result of this agreement, operators will now be able to unlock the industry’s most compelling portfolio of cashless gaming technologies.

By combining the strongest features of each company’s cashless gaming patent portfolio, IGT and Scientific Games are providing a solution for the gaming industry to quickly increase adoption of cashless technology.