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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 […]
Business
August 11, 2025
Ainsworth Shareholders Say Novomatic’s Takeover Undervalues the Company
Novomatic’s plan to acquire the remainder of gaming machine manufacturer Ainsworth Game Technology and take the company private might fall through amid shareholder dissent. Major stakeholders criticized Novomatic’s deal, saying that it has put them in a difficult position. Novomatic Seeks to Acquire Ainsworth Novomatic, which is among Europe’s largest gaming tech giants, set out […]
Industry
June 16, 2025
Ainsworth CEO Under Fire for Alleged Ties to Ibiza Affair
Ainsworth Game Technology’s leadership has found itself in hot water as the slots manufacturer’s chief executive officer is being investigated over corruption charges. Neumann Was Suspected of Ties to the Ibiza Affair Harald Neumann, the CEO of Ainsworth, has been suspected of ties to the Ibiza affair, a prominent political scandal involving the gaming industry. […]
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 […]
