IGT Announces Agreement to License Exclusive IP Rights for GALAXIS, SYSTEM2Go and Associated Software and Hardware to Modulus – European Gaming Industry News
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IGT Announces Agreement to License Exclusive IP Rights for GALAXIS, SYSTEM2Go and Associated Software and Hardware to Modulus

George Miller

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IGT Announces Agreement to License Exclusive IP Rights for GALAXIS, SYSTEM2Go and Associated Software and Hardware to Modulus
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IGT streamlines its systems product line to focus on IGT ADVANTAGE™ casino management system and related solutions

International Game Technology PLC today announced that its subsidiaries IGT Europe B.V., IGT Austria GmbH, and IGT Germany Gaming GmbH have entered into a strategic agreement to exclusively license the intellectual property for its GALAXIS™ and SYSTEM2Go™ casino central management systems (CMSs) to Modulus S.a.r.l.

The agreement, effective Dec. 18, 2020, permits Modulus to commercialize and distribute GALAXIS and SYSTEM2Go and IGT’s existing inventory of related legacy hardware to Modulus customers in all territories excluding North America. Modulus will also be able to develop source code for these products, and will provide ongoing maintenance services to existing GALAXIS and SYSTEM2Go customers.

“Driven by decades of IGT’s proven casino systems experience, GALAXIS and SYSTEM2Go solutions have earned a strong reputation as solutions that drive efficiencies on international customers’ gaming floors while elevating player engagement,” said Willy de Bruyn, President, Modulus. “GALAXIS’ range of flexible modules integrate effortlessly with SYSTEM2Go, an affordable and scalable CMS suited to single and multi-site gaming venues that does not require a significant IT infrastructure investment and extensive training to operate. These solutions are a significant strategic addition to our product portfolio, and SYSTEM2Go will continue to be especially transformational for smaller, cost-conscious international operators.”

“As the supplier of the industry’s most advanced systems solutions, IGT has decided to exclusively license the IP of its successful legacy GALAXIS and SYSTEM2Go solutions to Modulus to eliminate duplicative efforts and resources required for us to manage multiple sets of CMS products. This will optimize our focus on the development, deployment, and customer service activities for our innovative IGT ADVANTAGE CMS and associated products, including our industry-leading Resort Wallet™ and IGTPay™ mobile cashless solutions,” said Mark MacCombie, IGT Vice President, Sales and Operations, EMEA. “IGT and Modulus have collaborated on a robust transition plan that will ensure current GALAXIS and SYSTEM2Go customers continue to seamlessly experience the high-quality service, maintenance and support they’ve come to expect.”

The transaction is subject to customary closing conditions, including regulatory approvals.

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Century Casinos Announces Extended Polish Casino Closures in Response to COVID-19 Pandemic

George Miller

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Century Casinos Announces Extended Polish Casino Closures in Response to COVID-19 Pandemic
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Century Casinos, Inc. announced that its Polish casinos would remain closed through January 31, 2021, subject to potential extensions, to comply with extended quarantines issued by the Polish government to contain the spread of COVID-19.

The Poland operating segment contributed 4% of the Company’s Adjusted EBITDA for the three months ended September 30, 2020.

The COVID-19 situation continues to evolve rapidly, and it currently appears that due to the pandemic’s current scope it will adversely impact the Company at least through the first half of 2021.

 

About Century Casinos, Inc.:
Century Casinos, Inc. is a casino entertainment company. The Company owns and operates Century Casino & Hotels in Cripple Creek and Central City, Colorado, and in Edmonton, Alberta, Canada; the Century Casino in Cape Girardeau and Caruthersville, Missouri, and in St. Albert, Alberta, Canada; Mountaineer Casino, Racetrack & Resort in New Cumberland, West Virginia; the Century Mile Racetrack and Casino (“CMR”) in Edmonton, Alberta, Canada; and Century Bets! Inc. (“CBS”). CBS and CMR operate the pari-mutuel off-track horse betting networks in southern and northern Alberta, respectively. Through its Austrian subsidiary, Century Resorts Management GmbH (“CRM”), the Company holds a 66.6% ownership interest in Casinos Poland Ltd., the owner and operator of eight casinos throughout Poland; and a 75% ownership interest in Century Downs Racetrack and Casino in Calgary, Alberta, Canada. The Company operates four ship-based casinos. The Company, through CRM, also owns a 7.5% interest in, and provides consulting services to, Mendoza Central Entretenimientos S.A., a company that provides gaming-related services to Casino de Mendoza in Mendoza, Argentina. The Company continues to pursue other projects in various stages of development.

 

SOURCE Century Casinos, Inc.

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STS secures exclusive rights to LVision’s BetBooster in Poland

Niji Narayan

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STS secures exclusive rights to LVision’s BetBooster in Poland
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STS will deliver new innovations to its home market of Poland after becoming the exclusive operator of BetBooster, developed by sports data studio LVision.

BetBooster is an automated sports insight feed designed to optimise customer engagement with betting markets, based on historical data of markets and AI analysis of player behaviours.

STS informed that it is just the third operator worldwide to launch LVision’s BetBooster service, and has exclusive rights to the product in Poland.

“STS once again strengthens its position not only as a clear industry leader in terms of market shares (46.6% of current market share) but also as the most technologically advanced and innovative bookmaker in the country,” Mateusz Juroszek, President and owner of STS, said.

“It is also another step on the way to further consistent and effective development of our competitive advantages in Poland and on foreign markets,” he added.

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German Youth Protection Regulator Approves HooYu as a Suitable Age Verification System

Niji Narayan

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German Youth Protection Regulator Approves HooYu as a Suitable Age Verification System
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The German Commission for the Protection of Young People in the Media (Kommission für Jugendmedienschutz – KJM) has approved HooYu as a suitable age verification system.

The KJM offers providers legal certainty by reviewing concepts and systems to check that they meet the technical requirements to satisfactorily perform age verification which enables ID document validation and identification by means of an automated process involving the comparison of biometric data.

“As gaming operators embrace the new German regulatory regime, they are looking to age verification systems approved by the KJM. At the same time, operators want a customer sign-up process that makes it easy and convenient for the user to go through the age verification process. The HooYu digital KYC journey does just that, it solves both sides of the equation – what the regulator is looking for and that smooth sign-up experience that gaming operators want to provide to their users,” David Pope, Marketing Director of HooYu, said.

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