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Business
May 29, 2025
Ainsworth Justifies Recent Investments with the Importance of R&D
Ainsworth Game Technology’s leadership has justified its recent investments with the importance of research and development (R&D) to the long-term success of the company. Ainsworth to Continue Investing in Research and Development Ainsworth’s chairman, Danny Gladstone, has commented on the slot machine supplier’s plans to continue investing in R&D. Addressing shareholders at the company’s annual […]
Business
April 30, 2025
Shareholder Tensions Rise After Novomatic’s Ainsworth Takeover Bid
Austrian gaming powerhouse Novomatic’s push for full ownership of Ainsworth Game Technology is running into increasing resistance from some minority shareholders despite support from Ainsworth’s Independent Board Committee (IBC). This resistance could potentially complicate what Novomatic had hoped would be a straightforward process in its bid to fully acquire the ASX-listed slot machine manufacturer. Some […]
Business
September 19, 2024
Ainsworth Forays into Ontario’s Charitable Gaming Market
Ainsworth Game Technology (AGT) announced that it had made a foray into Ontario’s charitable gaming market. The company shared that it has successfully installed its first Cabinet Bingo Games in a gaming hall in Toronto. Over a Dozen Games Have Been Installed According to the announcement, AGT installed 14 Cabinet Bingo Games at Delta Bingo […]
Business
May 17, 2024
AGT Parts Ways with CTO Bollesen with Immediate Effect
Ainsworth Game Technology (AGT) is parting ways with David Bollesen, its chief technology officer. The news was confirmed on May 16 in an official ASX announcement. The Australian Exchange filing noted that Bollesen is departing from the company “on mutual agreement, with immediate effect.” The company acknowledged his contributions and expert input and wished him […]
Business
May 7, 2024
Ainsworth Adds Legal & Compliance Heavyweight to Its Team
Ainsworth Game Technology (AGT), a leading manufacturer and supplier of gaming machines, software and gaming equipment, has strengthened its leadership team with the appointment of Nancy Ramirez Ayala. The new hire will join AGT’s team as SVP, general counsel and group compliance officer. Ayala brings robust expertise in the iGaming sector to the team. Well-versed […]
Business
March 12, 2024
Ainsworth Shareholder Accuses CEO of Devaluating the Company’s Shares
Ainsworth Game Technology’s leadership has been accused of talking down the value of the stock, the Australian Financial Review reported. Shareholders believe that this devaluation, which comes amid the company’s strategic review, might be related to the rumored takeover by Novomatic. For reference, Macquarie was hired to conduct Ainsworth’s strategic review in 2023. The news […]
Business
November 15, 2023
Ainsworth Explores Opportunities, Mulls over Going Private
Ainsworth Game Technology, a leading Australian casino machine manufacturer, might exit the Australia Stock Exchange amid considerations of strategic alternatives. This announcement comes almost a year after the supplier restarted paying dividends to its shareholders. As announced, the supplier is in the process of exploring opportunities and eyeing a return to being a private company. […]
Business
March 23, 2023
Ainsworth Game Technology Appoints Haig Asenbauer as Non-Executive Director
Haig Asenbauer, who is a lawyer by profession and works as a partner at Asenbauer Rechtsanwaelte GmbH in Vienna, Austria, is also present with Novomatic AG, where he serves as deputy chair. Asenbauer Brings Value and Expertise to Ainsworth at Time of Growth Novomatic currently owns 52% of Ainsworth’s stock, which it acquired back in […]
Business
November 30, 2022
Ainsworth Game Tech to Restart Paying Dividends to Shareholders
Ainsworth Game Technology, one of Australia’s leading slot machine suppliers, has announced plans to self-fund its global expansion in the coming years, with a strong focus on 2023. The news was announced during the Annual General Meeting that took place last week and was headed by chairman Danny Gladstone. Ainsworth Building Up Cash Reserves to […]
Industry
October 3, 2022
Ainsworth Names Lynn Mah as CFO, Replacing Ludski
Ainsworth Game Technology, a leading gaming solutions supplier, has strengthened its financial team with the promotion of Lynn Mah. The latter will serve the renowned provider as its new chief financial officer. Mah to Replace Ludski as CFO Lynn Mah’s tenure at Ainsworth will officially begin at the beginning of the next year. Starting January […]
