Gambling News - 'Atg'
Industry
November 25, 2025
ATG Says Sweden’s Channelization Rates Have Improved
ATG has published its quarterly review of Sweden’s gaming market, reporting an increase in player channelization toward legal operators. Despite that, offshore gaming remains a significant challenge. ATG Reports Channelization Rate of 74-85% In its official report, ATG said that Sweden’s estimated channelization rate has reached 74-85%, marking a noticeable improvement from 70-82% in Q3 […]
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 […]
Legal
October 16, 2025
ATG Gets Major Fine after Appeal Court Backs AML Decision
Sweden’s horse racing betting company AB Trav och Galopp (ATG) must pay a fine of SEK 3 million ($316,626) due to a ruling by Sweden’s Administrative Court of Appeal. The court reversed an earlier verdict by the Administrative Court that had cleared the company, bringing back the Swedish Gambling Authority‘s (Spelinspektionen) 2022 decision. Yet, it […]
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 […]
Industry
June 19, 2025
ATG Says Veikkaus Is Abusing Its Monopoly as Finland’s Reforms Continue
ATG, a Swedish specialist in horse racing bets, has accused Finland’s gaming monopoly, Veikkaus, of abusing its power to secure itself a dominant market position. This accusation comes amid an ongoing process to liberalize Finland’s market and end Veikkaus’ monopoly. Finland Prepares for Sweeping Gaming Reforms Finland, which is one of the last European countries […]
Industry
January 27, 2025
Swedish Court Revises Decision, Forces ATG to Cover Legal Fees
Several years ago, Swedish horse racing betting giant ATG sued Wrangler for featuring the former company’s logo on a line of clothing. While the court initially sided with the operator, it has reportedly reversed its decision. ATG Lost the Lawsuit As mentioned, Wrangler had, between 2019 and 2021, offered a line of apparel featuring ATG’s […]
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 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 […]
Industry
April 26, 2024
ATG CEO Hints Sweden’s Government Is Open to Amend Tax Hike
Swedish gambling operator ATG’s chief executive officer, Hans Lord Skarplöth, has suggested the government might be willing to amend the gross gaming revenue tax hike proposal. Seminar for 20 Politicians In a blog post on the ATG platform online, CEO Skarplöth explained the unique betting company launched in 1974 has hosted a gambling-connected seminar for […]