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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
April 28, 2025
NOVOMATIC to Acquire the Remaining Ainsworth Shares for $1 Apiece
NOVOMATIC, Europe’s largest gaming technology group, announced that it has signed a deal with Ainsworth Game Technology to cement its ownership in the latter company. NOVOMATIC to Acquire the Rest of Ainsworth According to NOVOMATIC’s official announcement, it has entered into a scheme implementation deed with Ainsworth, agreeing to acquire its remaining shares for a […]
Business
April 18, 2025
NOVOMATIC Pens Asia-Focused Distribution Deal with Harvest Gaming
NOVOMATIC, one of the largest gaming technology companies in the world, has announced a new tie-up with Harvest Gaming. This partnership was hailed as an important step for the former company’s growth in Asia. Harvest Gaming Is a Perfect Fit for NOVOMATIC According to the announcement, NOVOMATIC penned a major distribution partnership with Harvest Gaming. […]
Business
April 11, 2025
NOVOMATIC Secures Supplier’s License in the UAE
NOVOMATIC, a pioneer in gaming describing itself as Europe’s leading gaming tech group, announced that it has secured a gaming vendor license in the United Arab Emirates (UAE). The UAE has been making significant strides toward regulated gaming, causing gaming operators and suppliers to vie for a license. The GCGRA Licensed NOVOMATIC According to the […]
Business
January 22, 2025
NOVOMATIC Sets Out to Acquire Vikings Casinos
NOVOMATIC announced that it has penned an agreement to acquire Vikings Casinos SAS, a French casino group. The deal is in line with NOVOMATIC‘s ambitious growth strategy and would expand its presence in Europe. NOVOMATIC Targets International Growth As announced by NOVOMATIC, the acquisition is still subject to certain regulatory conditions and approvals. If permitted, […]
Business
January 8, 2025
Tipico to Acquire Admiral Austria, Bolstering European Presence
Gaming technology group NOVOMATIC AG has agreed to sell its Austrian subsidiary, ADMIRAL Austria, to the Malta-based Tipico Group. This mutually beneficial agreement should help Novomatic expand its global presence while strengthening Tipico’s market share in its core jurisdictions. Both companies were optimistic regarding the sale as they remain confident in their continued growth. The […]
Industry
November 13, 2024
ECA Unveils Supplier Partnership Initiative to Encourage Cooperation
The European Casino Association (ECA) has announced the creation of a new partnership that will foster collaboration between the association and gambling industry providers. Unveiled at the ECA Casino Industry Forum in Slovenia, the so-called ECA Strategic Supplier Partnership will encourage industry cooperation and dialogue with policymakers and industry stakeholders. The Partnership Will Encourage Industry […]
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
December 5, 2023
ISS ESG Improves NOVOMATIC’s Sustainability Rating to C
ISS ESG, a sustainability rating agency, has updated NOVOMATIC’s sustainability rating to C, marking it as one of the best companies within the electronics industry. ISS ESG, which is one of the best sustainability experts along with Sustainalytics and Moody’s ESG Solutions, assessed Novomatic’s business, examining its environmental, economic and social performance. As usual, ISS […]
Business
September 5, 2023
NOVOMATIC Releases H1 Results, Enjoys Strong Revenue Growth
One of the biggest international producers and operators of gaming technology, NOVOMATIC, released its latest interim financial report. In its latest report, the company revealed details regarding its performance for the first half of 2023, or the six months ended June 30, 2023, posting strong growth of revenue and EBITDA, as well as an increase […]
