IGT and Las Vegas Gaming have entered into a business and investment agreement.
LVGI has agreed to create applications for IGT’s server-based gaming systems and IGT has agreed to assist LVGI. IGT has also agreed to make an investment in LVGI of US$11.5m.
LVGI has committed to roll out all future software applications on IGT’s server-based software delivery vehicles sbNextGen and sbServiceWindow, prior to or in conjunction with the launch of those applications on LVGI’s award-winning PlayerVision software delivery system. Through this process, LVGI can become a certified sb software developer and will commit effort to creating applications for the IGT platforms.