International Game Technology PLC., Scientific Games Corp.
International Game Technology PLC and Scientific Games Corp., holders of the two largest slot game feature patent portfolios in North America, has signed a patent cross-licensing agreement.
Under the agreement, Scientific Games and IGT will be able to offer games using patented game features from each other’s portfolios, as well as those of other members of the IGT slot game features pool.
Financial terms of the agreement have not been disclosed.
Per Berkadia, the 185-unit Northwind property at 1680 Sky Mountain Drive in Reno sold for $40 million to Oregon-based Kinsel Ameri Properties; the seller was Washington-based American Capital Group.