{"id":44763,"date":"2021-03-02T07:51:33","date_gmt":"2021-03-02T07:51:33","guid":{"rendered":"https:\/\/gaming-awards.com\/NEWS\/?p=44763"},"modified":"2021-03-02T07:51:33","modified_gmt":"2021-03-02T07:51:33","slug":"igt-scientific-games-sign-cashless-gaming-deal","status":"publish","type":"post","link":"https:\/\/gaming-awards.com\/NEWS\/igt-scientific-games-sign-cashless-gaming-deal\/","title":{"rendered":"IGT &#038; Scientific Games Sign Cashless Gaming Deal"},"content":{"rendered":"<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-35153\" src=\"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2018\/05\/handshake2-300x169.jpg\" alt=\"\" width=\"300\" height=\"169\" srcset=\"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2018\/05\/handshake2-300x169.jpg 300w, https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2018\/05\/handshake2-768x433.jpg 768w, https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2018\/05\/handshake2-384x217.jpg 384w, https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2018\/05\/handshake2.jpg 852w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>International Game Technology (<a href=\"https:\/\/gaming-awards.com\/NEWS\/igt-sell-off-italian-business\/\">IGT<\/a>) and Scientific Games has announced that they have signed a cross-licensing <a href=\"https:\/\/gaming-awards.com\/NEWS\/igt-scientific-games-pull-out-of-brazil-lottery-venture\/\">agreement<\/a> for patents related to <a href=\"https:\/\/gaming-awards.com\/NEWS\/igt-sell-off-italian-business\/\">cashless slot gaming<\/a> technologies. Under the agreement, Scientific Games and IGT will be able to offer patented cashless gaming technologies from the companies&#8217; combined portfolios of casino management systems solutions to the U.S. gaming industry. Financial terms of the agreement have not been disclosed.<\/p>\n<p style=\"text-align: left;\">As a result of this agreement, <a href=\"https:\/\/gaming-awards.com\/NEWS\/igt-extends-new-york-lottery-deal\/\">operators<\/a> will now be able to unlock the industry&#8217;s most compelling portfolio of cashless gaming technologies. By combining the strongest features of each Company&#8217;s cashless gaming patent portfolio, IGT and Scientific Games are providing a solution for the gaming industry to quickly increase adoption of cashless technology.<\/p>\n<p style=\"text-align: left;\">&#8220;This cross-licensing agreement provides casino operators access to the gaming industry&#8217;s most compelling portfolio of cashless gaming technologies. We have made significant R&amp;D investments over many years to develop this comprehensive suite of intellectual property in the cashless space. It makes revolutionary improvements to the player experience and represents the greatest advancement in cashless payments since the introduction of Ticket-In, Ticket-Out (TITO),&#8221; said <strong>Renato Ascoli, IGT CEO Global Gaming<\/strong>. &#8220;Cashless gaming is here to stay, and this strong portfolio of cashless IP can help casino operators ensure the safety of players by reducing cash handling and points of contact with slot games, while considerably improving casino operating efficiencies.&#8221;<\/p>\n<p style=\"text-align: left;\">&#8220;At Scientific Games, we continue to find ways to extend the benefits of our innovative cashless technology. This new program allows SG and IGT to combine our leading IP for the benefit of our customers, and our industry,&#8221; said <strong>Matt Wilson, CEO, Gaming Business Unit Scientific<\/strong><\/p>\n<p style=\"text-align: left;\"><strong>Games<\/strong>. &#8220;Consumers are increasingly comfortable using cashless technology, and they will continue to expect this option to be available on the floor. We&#8217;re excited to partner with IGT to make it easier for operators to deliver for their players.&#8221;<\/p>\n<p style=\"text-align: left;\">Through the agreement, each company will have immediate access to the other party&#8217;s cashless gaming patents.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>International Game Technology (IGT) and Scientific Games has announced that they 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&#8217; combined portfolios of casino management systems solutions to the U.S. gaming industry. [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":27659,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,11,8,18],"tags":[],"class_list":["post-44763","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gaming","category-headlines","category-latest","category-n-america"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>IGT &amp; Scientific Games Sign Cashless Gaming Deal - iGaming Post<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gaming-awards.com\/NEWS\/igt-scientific-games-sign-cashless-gaming-deal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IGT &amp; Scientific Games Sign Cashless Gaming Deal - iGaming Post\" \/>\n<meta property=\"og:description\" content=\"International Game Technology (IGT) and Scientific Games has announced that they 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&#8217; combined portfolios of casino management systems solutions to the U.S. gaming industry. 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