Las Vegas-based Aristocrat Technologies has filed an application with state regulators to become one of the first firms to offer online poker in the state of Nevada. Since the company is already licensed by the state, President Nick Khin is hopeful gaming regulators will approve their application “fairly soon.” The approvals are expected by the end of the first quarter of 2012.
Nick Khin said the application focuses on providing online gaming technology, allowing the company to be a “platform provider” to brick-and-mortar casinos.
Khin said the company has been pitching its Internet casino platform to some 270 casino clients since Global Gaming Expo, or G2E, in October. “The platform allows our clients to market a virtual casino to its customers to play for free, when the law changes it will allow them to move into a play for real-money site,” Khin said.
Aristocrat also announced today that it has entered into an intellectual property (IP) license agreement with Shuffle Master Australasia Pty Ltd.
Aristocrat Managing Director and Chief Executive Officer Jamie Odell said Shuffle Master’s decision to enter into the IP license agreement represents the importance of Aristocrat’s intellectual property to the gaming machine industry.
“Aristocrat’s IP is a crucial company asset and the company will continue to proactively leverage its extensive IP portfolio as a core part of our business strategy.” Mr Odell said.
Shuffle Master clearly understands the strategic value of intellectual property and we are pleased to enter into this alliance with Aristocrat, said Shuffle Master’s Chief Executive Officer Gavin Isaacs.
“Through this agreement Shuffle Master can continue to deliver the latest innovations to the gaming industry.” Mr Isaacs said.
Reported by Maggie B.