Las Vegas From Home's new HTML5 platform to be provided under licence
Vancouver-based online gambling software developer and provider Las Vegas From Home.com Entertainment Inc. has announced that it has signed a software licensing agreement with Goldstar Entertainment Group Inc.
The agreement calls for LVFH to supply its new HTML5 gaming platform to Goldstar, a diversified social online gaming company.
LVFH will create a new gaming site for Goldstar using its HTML5 poker product, which allows users to play poker games and tournaments through web browsers on their mobile devices.
Under the terms of the agreement, LVFH will receive an upfront licence fee and ongoing monthly royalties for the licensing of its software.
August Liguori, CEO of Goldstar says the LVFH software will enable his company to partner with casinos for online social gaming tournaments.
LVFH's president and CEO Jake Kalpakian said his company is in negotiations with several premium hotel chains in Latin America for the licensing of its technology.
"Mobile is the key growth channel for the online gaming industry and our HTML5 gaming platform, which includes casino, poker and tournaments has generated a lot of interest within the industry, and we now anticipate signing several additional licensing agreements in the very near future," he said.
Online Casino News Courtesy of Infopowa