Business
February 11, 2026
Novomatic’s Takeover of Ainsworth Game Technology Falls Through
A few days after announcing that its planned acquisition by NOVOMATIC has been postponed once again, Ainsworth Game Technology Limited, an Australia-based gaming provider, confirmed that the deal has fallen through. NOVOMATIC Sought to Acquire the Rest of Ainsworth In its official announcement, Ainsworth commented on NOVOMATIC’s effort to acquire the remainder of the Australian […]
Business
February 2, 2026
Novomatic Extends Ainsworth Acquisition One Last Time
Ainsworth Game Technology Limited, an Australia-based gaming provider, announced that its planned acquisition by NOVOMATIC has been postponed once again. The M&A arrangement between the two companies has so far been bumpy, reflecting significant disagreements between representatives of the two parties. The Deal’s Deadline Has Been Extended Once Again In a filing submitted on the […]
Business
December 8, 2025
ATG’s H2 Profits Were Beset by Headwinds
Ainsworth Game Technology (ATG), an Australian slot machine manufacturer, has published a preliminary H2 report, highlighting mixed financial results for the period. Despite the negative effect of certain setbacks, the company remained bullish on its longer-term performance. ATG’s Profits from NA Declined by 20% Quarter-on-Quarter In its report, ATG said that it anticipates H2 […]
Business
November 4, 2025
Novomatic Extends Takeover Bid for Ainsworth amid Mounting Tensions
Austrian gaming giant Novomatic AG has extended its bid to acquire the remaining shares of Ainsworth Game Technology (AGT) by another month, with a new deadline of December 3. The company’s ongoing efforts to consolidate its control over the Australian slot machine manufacturer have drawn significant attention after a filing with the Australian Securities Exchange […]
Business
October 24, 2025
Kjerulf Ainsworth Launches New Bid for AGT Shares
Kjerulf Ainsworth, son of Ainsworth Game Technology (AGT) founder Len Ainsworth, is making a fresh move to increase his stake in the Australian slot machine supplier. To this extent, he has launched a proportional takeover bid to acquire an additional 2.9% of AGT, offering existing shareholders AU 1.30 ($0.84) per share. The price is roughly […]
Business
October 23, 2025
Power Struggles Deepen at Ainsworth Game Technology
Ainsworth Game Technology (AGT), the Australian slot machine developer founded by the legendary Len Ainsworth, continues to suffer from significant internal power struggles. The latest twist comes from Len’s son, Kjerulf Ainsworth, who has launched a proportional bid to lift his stake in the company from 7.27% to just under 10% as he seeks to […]
Industry
October 13, 2025
Harald Neumann Steps Down as Ainsworth CEO Amid Nevada Licensing Turmoil
Ainsworth Game Technology (AGT) finds itself in a sudden leadership vacuum after the abrupt resignation of CEO Harald Neumann, announced by the company in a Monday filing to the Australian Securities Exchange. Neumann’s departure comes just days after the Nevada Gaming Control Board (NGCB) recommended he withdraw his application for a key gaming license renewal […]
Industry
October 9, 2025
Ainsworth CEO Faces Uncertain Future After US Regulator Flags Licensing Concerns
Ainsworth Game Technology (AGT) could face a significant setback following revelations that its chief executive, Harald Neumann, is facing substantial licensing hurdles in the United States. The Nevada Gaming Control Board (NGCB) has urged Newmann to withdraw his gaming license application amid lingering doubts surrounding his alleged connection to a European corruption investigation. Nevada Regulators […]
Business
September 15, 2025
ATG Encourages Shareholders to OK Novomatic’s Takeover Bid
Gaming machine manufacturer Ainsworth Game Technology (ATG) has encouraged its shareholders to accept Novomatic’s latest takeover offer. In its latest Australian Securities Exchange release, the company defined the offer as “fair and reasonable.” Novomatic Returned with an Improved Bid Ainsworth Game Technology has issued a statement in response to Novomatic’s takeover offer through which the […]
Business
August 20, 2025
Novomatic Submits Improved Bid for Ainsworth
Not too long after major stakeholders of Ainsworth Game Technology (ATG) lambasted Novomatic’s takeover offer, saying that it undervalues the business, the latter company returned with another proposal. Novomatic Returns with an Unconditional Offer Novomatic, a European gaming powerhouse, has launched a new bid to acquire all of Ainsworth’s outstanding shares. The new proposal outlines […]
