NEOWIZ and Kangwon Land Sign New Slot Software Agreement, Joined by Massive Gaming’s Expertise

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NEOWIZ and Kangwon Land, Inc. signed a new Slot Software Development Agreement, with NEOWIZ’s subsidiary Massive Gaming(MVG) supporting co-development under the partnership.

The agreement marks the next stage in the long-standing partnership between NEOWIZ and Kangwon Land, which began in August 2021.

The initial collaboration mainly focused on resource supply and functional division, but the new agreement expands NEOWIZ’s and MVG’s roles to jointly lead software development using Kangwon Land’s platform and infrastructure. The partners aim to accelerate innovation and strengthen their global competitiveness in the slot gaming market.

Having been formally signed by NEOWIZ and Kangwon Land, the new agreement establishes a development framework in which NEOWIZ and MVG jointly lead the software development process, while Kangwon Land focuses on hardware manufacturing and casino deployment.

This structure enables the three companies to build a tightly connected and efficient co-development ecosystem.

According to the agreement, Kangwon Land will own the offline slot machine software, while NEOWIZ and MVG will hold the intellectual property (IP) rights for the online slot game version.

“We are delighted to take our partnership with Kangwon Land to the next level, built on the deep trust we have established since 2021,” said George Cho, CEO & Director of MVG. “Through our integrated development partnership, we aim to introduce innovative slot content that will be recognised in the global market.”

Since their first collaboration agreement in 2021, NEOWIZ, MVG, and Kangwon Land have continuously expanded their partnership.

In 2022, NEOWIZ and MVG provided graphic and sound resources from their online slot title Shen Shou Wan Fu to Kangwon Land, which officially launched the game as a physical slot machine at its casino in 2024.

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