Wagerlogic and Marvel Renegotiate their Licensing Agreement

Taking advantage of this article last May, I announced that Wagerlogic, a subsidiary of Cryptologic, had begun arbitration proceedings against Marvel for breach of an exclusivity agreement.
Signed in 2005, the contract guaranteed the developer to be the only one allowed to use Marvel superheroes in online casino games.
Yet, thanks to a partnership in 2008 with the Dutch subsidiary of the comics’ publisher, Playtech has also designed a few slot machines, including The Incredible Hulk, Iron Man, X-Men, Fantastic Four and Blade, inspired by Marvel comics’.
Not long ago, the arbitration procedure ended with the signing of a licensing agreement renegotiated between Wagerlogic and publisher of the comics.
Under the terms of this new contract, the developer loses the exclusive Marvel characters in the field of virtual casino games.
However, he earns the ability to use new heroes like Avengers.
In addition, Wagerlogic can adapt all games using the Marvel license on its platform accessible from mobile devices.
Finally, the contract is extended for 12 months till January 2014.