NICOSIA, Cyprus – (PRESS RELEASE)-- Leading software developer
Playtech announced today the signing of a master license agreement with Home
Gambling Network, a wholly owned subsidiary of i2corp.com (ITOO), for use of
HGN's patented live gaming technology. Under the terms of the deal, Playtech
will sub-license live gaming services to its software licensees.
Playtech is currently the only major gaming solutions provider to offer
operators a choice of both RNG-based games and live video stream games, where
customers play opposite real dealers, in a single software application. Based
on the company's acclaimed online casino platform, live gaming utilizes
advanced video streaming technology to personally connect dealer and player,
replicating online the human warmth and sociability of the land-based
experience. Players can watch the dealer performs actions such as spinning
the Roulette wheel, dealing cards and throwing dice and can engage the dealer
in 1-on-1 live chat - all in real time.
HGN was formed for the purpose of marketing and licensing U.S. Patent
5,800,268, a business method for wagering on live games and events utilizing
electronic financial transactions. Its patent has been applied for in
Australia, Canada, and the European Patent Office. The European patent was
published in November of 1999.
By awarding a master license to Playtech, HGN, whose licensees include
Drho888.com and CompuRace Inc., have seen the total number of operators using
their technology multiply considerably. Currently eighteen of Playtech's
licensees feature live games on their sites, and more are being added each
month.