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Paradise Enter (PDSSF) 0.1470 $PDSSF IGT and Pa

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Post# of 273322
Posted On: 07/09/2016 1:03:54 AM
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Posted By: Stock_Tracker
Paradise Enter (PDSSF) 0.1470 $PDSSF

IGT and Paradise Entertainment Sign Electronic Table Games Patent and Technology Assignment Agreement
PR Newswire - Mon Apr 25, 5:45AM CDT
International Game Technology PLC ("IGT" (NYSE: IGT) and Paradise Entertainment Limited ("Paradise" (SEHK: 1180), through their respective subsidiaries have signed an agreement, whereby Paradise will transfer all of its electronic table game technology, patents and other intellectual property ("Table Game IP" to IGT, with certain exceptions for Table Game IP used exclusively in Macau. IGT will pay Paradise an upfront fee plus an ongoing earn-out based on placement of products utilizing the Table Game IP over a 15 year term. Closing of the agreement is subject to Paradise obtaining requisite shareholders' consents and approvals.
IGT: 18.63 (+0.37)

EZ Baccarat® Announces DEQ Systems and LT Game Have Forged a Global Partnership to Distribute EZ Baccarat On Live Multi-Game Systems Worldwide and Table Games in Asia
PR Newswire - Wed Apr 08, 7:00PM CDT
EZ Baccarat® today announced that DEQ Systems Corp. (TSXV: DEQ) and LT Game, a subsidiary of Paradise Entertainment Limited (SEHK: 1180) have formed a global partnership to deliver DEQ's EZ Baccarat game on LT Game's Live Multi-Game ("LMG" systems worldwide and the table game in Asia-Pacific. The partnership draws on the distinct strengths of each company: DEQ's popular and leading baccarat brand of EZ Baccarat, fused with LT Game's global market presence of LMG systems and the Group's extensive experience in Asia's mass market.
DEQ.VN: 0.180 (+0.010)



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