Possible Online Casino Teaming
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
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