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NOVOMATIC Acquires Majority Share in Ainsworth Game Technology

25 February 2016

NOVOMATIC, one of the leading global gaming technology groups, and Len Ainsworth, founder and majority shareholder of Ainsworth Game Technology (AGT), have today announced that they have signed a purchase agreement for the shares of Len Ainsworth in AGT.

This has created the foundation for the acquisition of approximately 53% of shares in AGT by NOVOMATIC subject to approvals under corporate law and from the authorities. With this step, NOVOMATIC does not only set another milestone in its corporate history, but also strengthens its market position in Australasia and the USA. 

“Through the planned share acquisition from Len Ainsworth, one of the top players in Australasia and in the USA, we will not only increase our market share in those continents, but will be consistently continuing our international growth strategy. The synergy transfer of know-how, contents, high-tech gaming equipment will allow us to further increase our potential in the worldwide gaming market“, says NOVOMATIC's CEO Mag. Harald Neumann.

Ainsworth Game Technology Ltd is listed on the Australian stock exchange, with headquarters located in Newington, Sydney and worldwide operations including North and South America. The company was founded in 1995 by Len Ainsworth, a renowned expert in the gaming industry for over half a century. Ainsworth Games Technology is one of the leading manufacturers and suppliers of superior innovative gaming solutions in Australasia as well as in North and South America.

The NOVOMATIC Group is one of the biggest international producers and operators of gaming technologies and employs more than 24,000 staff worldwide. Founded by entrepreneur Professor Johann F. Graf in 1980, the Group has locations in more than 50 countries and exports high-tech electronic gaming equipment and solutions to 80 countries. The Group operates more than 235,000 gaming terminals in its some 1,600 plus gaming operations as well as via rental concepts.

Through its numerous international subsidiaries the NOVOMATIC Group is fully active in all segments of the gaming industry and thus offers a diversified omni-channel product portfolio to its partners and clients around the world. This product range includes land based gaming products and services, management systems and cash management, online/mobile and social gaming solutions as well as lottery and sports betting solutions together with a range of sophisticated ancillary products and services.