Slot manufacturer International Game Technology has entered into an agreement with Magellan Technology of Sydney, Australia, under which IGT will license the use of Magellan’s Phase Jitter Modulation technology (PJM) in gaming applications worldwide.

IGT will use the technology for gaming chips with embedded radio-frequency identification in its Table ID table game tracking system.

“Magellan is very pleased to have its technology exclusively licensed by IGT for gaming applications,” said Magellan CEO Tim Frost. “As a company already active in tracking medical implants, diamonds and other valuable items, we welcome the new opportunities that IGT’s license will bring to PJM technology and the gaming market worldwide.”

“IGT’s exclusive license to the PJM technology demonstrates our continued commitment to bring the latest technology to our customers,” said Rich Schneider, IGT executive VP of product management. “Magellan’s PJM product furthers the RFID technology that we use with our Table iD and Chip Inventory Systems. IGT looks forward to working with our partner Magellan as we jointly bring new products and systems to the global gaming markets.”

By Staff