IGT, Action Renew Partnership

IGT has reached an exclusive agreement with partner Anchor Gaming to extend the arrangement under which the two companies jointly produce multi-hand video poker products.

Leading slot manufacturer International Game Technology announced that it has reached an exclusive agreement extending its relationship with longtime partner Action Gaming, the owner of  VideoPoker.com.

IGT and Action jointly develop multi-hand video poker games. The new agreement extends the agreement under which games are developed for both land-based and online play. As part of the agreement, IGT has purchased patents from Action Gaming, which are currently utilized in industry—IGT games such as All-Star Poker, Ultimate X Poker and Hyper Bonus Poker. These patents are also being utilized in the creation of new video poker themes.

“IGT and Action Gaming enjoy an outstanding partnership, working together to create the games that video poker players love, while providing casinos with some of the highest-earning games on their floors,” said Joe Sigrist, vice president of game development and global product management for IGT. “This new agreement propels our creation and development of best-in-class content for casinos, for wager online, and in the social environment for IGT’s DoubleDown Casino.”

“We are confident that the sale of these patents to IGT will ensure its leadership of the video poker market for the foreseeable future,” said Ernie Moody, owner of Action Gaming. “We are very proud of the popular and high revenue-producing games we’ve created for the industry and especially of the successful partnership we’ve enjoyed with IGT.”