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Gaming technology designer Kenilworth Systems Corp has signed an agreement with Phortner Limited which will see Phortner develop a financial transaction software which will be used in online gambling.
The transaction collaboration will be called WagerPort, and will make use of patents that are held by KenSysCo and Phortner. WagerPort will be located in the same area with Kenilworth Gaming in Las Vegas.
Commenting on the agreement, Kenilworth CEO Dan Snyder said, "The agreement with Phortner is a critical step for Kenilworth. Our expertise is in the high-definition video capture, streaming, and display of live casino action. Phortner's patented technology provides for secure money transfer and wagering audit data as required by a well-regulated industry."