Gamble Craft
Home Tutorial Online Casino Reviews Best Online Casinos Casino Software Casino News

Online Casino Gambling --- Casino News

Arbitration the Only Answer

CryptoLogic’s key subsidiary that develops branded online casino games for the gambling industry, WagerLogic, has announced that the company decided to proceed with litigation against Marvel Enterprises. Marvel is the company that owns a vast majority of the major comic book brands in the world and the company has handled the licensing agreement between WagerLogic and Marvel for the use of key Marvel characters in branding and developing new online casino slots games for the market. The deal was a licensing agreement between the two companies, and there appears to have been some breach of contract according to WagerLogic.

The details of this dispute have not actually been made fully public, but there is every indication that it’s a pretty serious matter considering WagerLogic has gone through the full process of beginning litigation. Brand licensing deals are the bread and butter for the online casino software development companies and there is just no telling what precisely went awry between the two companies. The initial information alleges that there was a material breach of contract that has lead to this current action.

The online casino software development company was also keen to note that WagerLogic has gone to every possible means to avoid taking this to the courts, but that Marvel has been unresponsive and there was really no other choice for the gambling group. The industry media will be following this high profile case pretty closely as it continues to develop and unfold. There is every expectation that more details will come forward as WagerLogic is forced to file new documents and complaints to the courts on the specific breach of contract in question.

Hot Topics: Slots | Roulette | Video Poker | Craps | Russia
c 2007 Gamblecraft Online Casinos - E-mail: contact@gamblecraft.com