With the company's presence in the branded online casino games space heavily reliant on its licensing agreement with Marvel comics, CryptoLogic Limited has announced that arbitration proceedings have been formally commenced by its wholly owned subsidiary WagerLogic against Marvel Enterprises Inc and Marvel Enterprises B.V.
In an announcement Friday, CryptoLogic said that the proceedings concern WagerLogic Ltd's claims that Marvel has committed material breaches of certain provisions of its agreement, relating to the licensing of Marvel [...]
